University of Michigan

What University of Michigan does

The University of Michigan is a public research university operating three campuses (Ann Arbor, Dearborn, Flint) serving approximately 53,500 undergraduate and graduate students, anchored by 19 schools and colleges offering more than 280 degree programs. It runs an integrated academic, healthcare, and research enterprise: Michigan Medicine operates three hospitals and 125+ clinics delivering 2.6 million patient visits annually, while the university executes $2.16B in annual research expenditures (including $1.25B in federally sponsored research), making it the #2 research volume among U.S. public universities.

The institution generates revenue across seven principal streams: tuition and fees ($18,346 in-state / $63,962 out-of-state Ann Arbor tuition), research grants and sponsored programs, Michigan Medicine patient services, philanthropy from 668,000 alumni, technology transfer and licensing (615 new inventions and 28 spinouts in 2024), athletic media and events, and executive/online education. Go-to-market is direct-to-consumer for admissions and patient care, with event- and publication-driven engagement for federal, corporate, and university research partners (Ford, Toyota, Los Alamos, NIH, DOE, CDC, NSF). Innovation Partnerships produces patented technologies (e.g., Volt Harbor's 6 modular energy storage patents, Unfold AI prostate cancer mapping) and supports commercialization through licensing and spinout formation.

U-M also manages an investment portfolio that includes a $20M early-stage OpenAI stake targeting $2B redemption, holds #1 U.S. public university ranking (TIME 2026), and operates 29 varsity sports with 900+ student-athletes under the Big Ten Conference media-rights umbrella. The enterprise is governed by the Board of Regents as a nonprofit state institution with no parent company.

Name

University of Michigan

Legal name

The Regents of the University of Michigan

Website

https://umich.edu

Company type

Private

Founded year

1817

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The University of Michigan is a public research university operating three campuses serving roughly 53,500 students, with 19 schools, a $2.16B research enterprise, and the Michigan Medicine health system treating 2.6 million patients annually.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (61131), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Specialty (except Psychiatric and Substance Abuse) Hospitals (6223)

SIC

Services-Hospitals (8060), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Flagship Public Research Universities (R1/R2) (EDAHAAAA)

akta.pro secondary industries

Public Research Universities with Comprehensive Graduate & Professional Schools (EDAHAAAF), Technical Universities with Energy, Materials & Sustainability Focus (EDAHAEAL)

Keywords

• Higher education services
• Academic research programs
• Healthcare services
• Athletic programs
• Continuing education

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Fees: Primary revenue from undergraduate and graduate tuition. In-state tuition $18,346/year; out-of-state $63,962/year at Ann Arbor. More than $754.6M in scholarships awarded.
2. Research Grants and Sponsored Programs: Federal and state government grants, corporate research contracts. $1.25B in Annual Federally Sponsored Research (2024), $2.16B total research expenditures (2025).
3. Healthcare Services: Michigan Medicine health system generates revenue through patient care services across three hospitals and 125+ clinics. 2.6M patient visits annually.
4. Philanthropy and Alumni Giving: 668,000 living alumni worldwide. Annual giving campaigns, major gifts, planned giving, corporate relations.
5. Technology Transfer and Licensing: 615 new inventions reported (2024), 28 new business startups (2024) through Innovation Partnerships. Licensing royalties from patents and technology transfer.
6. Athletic Programs: Revenue from athletic events, media rights, sponsorships. Michigan Stadium (Big House) hosts games, concerts generating significant revenue.
7. Executive Education and Lifelong Learning: Michigan Online, Executive Education programs, summer programs generating continuing education revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

The University of Michigan is a public research university delivering higher education across 19 schools and colleges with over 280 degree programs, including undergraduate, graduate, and online programs across three campuses (Ann Arbor, Dearborn, Flint). It also operates Michigan Medicine, a healthcare system with three hospitals and 125+ clinics providing patient care, and conducts $2.16B in annual research expenditures driving technology transfer, licensing, and corporate partnerships.

Product overview

The University of Michigan is a public research university with 19 schools and colleges offering over 280 degree programs. Its primary offerings include educational programs (undergraduate, graduate, online degrees), healthcare services through Michigan Medicine, and research capabilities. Key academic units include the College of Engineering, Medical School, Ross School of Business, School of Public Health, and Law School. The university recently launched an online Master's in Construction Engineering and Management (Fall 2026) and utilizes Canvas LMS for educational delivery. Michigan Medicine ranks #1 in Michigan with 13 nationally-ranked adult specialties.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Master's in Construction Engineering and Management
• Michigan Medicine Healthcare Services
• Research Services and Infrastructure
• Athletic Programs
• Executive Education and Lifelong Learning
• Undergraduate Degree Programs
• Graduate and Professional Degree Programs
• Innovation Partnerships and Technology Transfer

Quantifiable outcome

• 97% first-year student retention rate
• +6 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability22 records

Feature7 records

Partnerships

42 partnerships are on record, tiered flagship, core and minor.

• Ford Motor Co.flagshipStrategic or Co-development Partner · 25 June 2026Ford-University of Michigan Alliance Program collaboration on battery electric vehicles and hydrogen fuel cells research for heavy-duty trucks. Study published in Nature Energy showing 72-92% lifetime GHG emission reductions for battery EVs. Ford also supported rare earth elements domestic supply chain research.
• Los Alamos National Laboratory (DOE)flagshipStrategic or Co-development Partner · 25 June 2026$1.2 billion AI data center project in Ypsilanti Township backed by U-M and Los Alamos National Laboratory. Data center would run simulations for US nuclear weapons program. Facing community opposition over water supply and electricity concerns.
• Oracle/OpenAI StargatecoreStrategic or Co-development Partner · 25 June 2026Proposed AI data center using Stargate infrastructure model. Residents projecting photographs from Oracle/OpenAI Stargate inauguration as symbol of resistance to the Ypsilanti Township project.
• NBCcoreChannel Partner/ Reseller/ Distributor · 25 June 2026Michigan football games broadcast on NBC including Sept. 5 season opener vs Western Michigan at 7:30 p.m. Part of Big Ten primetime game requirements.
• FOX BroadcastingcoreChannel Partner/ Reseller/ Distributor · 25 June 2026Michigan football games on FOX including Week 2 vs Oklahoma at noon and Ohio State rivalry game at noon. Big Noon Saturday coverage.
• Big Ten NetworkcoreChannel Partner/ Reseller/ Distributor · 25 June 2026Michigan athletics broadcast partner for conference games and content distribution across Big Ten Network.
• Nashville PredatorsminorStrategic or Co-development Partner · 22 June 2026Top prospect Cam Reid committed to University of Michigan hockey program. Predators drafted Reid 21st overall in 2025 NHL Draft. Reid coming off Memorial Cup championship with Kitchener Rangers.
• Paradromics Inc.coreStrategic or Co-development Partner · 17 June 2026First FDA-approved Connexus BCI device implantation completed at University of Michigan Health as part of Connect-One Early Feasibility Study. Device restores speech and enables computer control for people with severe motor impairment. Six-year follow-up study evaluating device in Michigan woman with motor neuron disease.
• National Institutes of Health (NIH)coreStrategic or Co-development Partner · 17 June 2026$2.1M NIH award over four years to develop nitric oxide-generating catheter system. Technology uses electrochemical reaction with copper-containing E_NOgen catalyst to produce NO gas, targeting 20,000 annual patient deaths from catheter infections.
• Ford Motor Co.coreStrategic or Co-development Partner · 15 June 2026Ford Motor Co. supported study on North American rare earth element deposits. Research found sufficient domestic deposits to meet industrial needs for decades, though lower quality than China/Australia. Framework for evaluating deposits to support domestic supply chains.
• ElectracoreStrategic or Co-development Partner · 11 June 2026Collaboration with Electra on turboelectric airliner concept featuring double-bubble fuselage and hybrid propulsion for 17% efficiency improvement. NASA AACES 2050 program support. Team evaluated 20 aircraft architectures across 100,000+ simulation scenarios.
• American AirlinescoreStrategic or Co-development Partner · 11 June 2026Partner with Electra and University of Michigan on next-generation airliner concept under NASA AACES 2050 program. Market analysis provided for commercial viability of hybrid-electric aircraft design.
• Honeywell AerospacecoreStrategic or Co-development Partner · 11 June 2026Collaborating with Electra and University of Michigan on hybrid-electric airliner propulsion system under NASA AACES 2050 initiative.
• Lockheed Martin Skunk WorkscoreStrategic or Co-development Partner · 11 June 2026Partner with Electra and University of Michigan on turboelectric aircraft concept for next-generation airliner development under NASA AACES 2050 program.
• MITcoreStrategic or Co-development Partner · 11 June 2026Academic partner with Electra and University of Michigan on hybrid-electric airliner design. MIT-originated double-bubble wide-body fuselage design incorporated into NASA AACES 2050 concept.
• Eco Wave PowerminorStrategic or Co-development Partner · 8 June 2026Discussions advancing AI-powered wave energy applications including WaveGPT operational intelligence platform and wave-powered coastal data center concept. TEAMER application submitted with Florida Atlantic University. Eco Wave Power's technology featured in NVIDIA GTC keynotes.
• ToyotacoreStrategic or Co-development Partner · 2 June 2026Toyota's Collaborative Safety Research Center (CSRC) announced 10 new safety research projects in partnership with seven universities. Research spans ADAS adoption, pedestrian detection, speeding risk analysis, and virtual crash testing using Toyota's THUMS human body model. Over 100 studies completed since CSRC founding in 2011.
• DTE EnergyminorStrategic or Co-development Partner · 28 May 2026DTE Energy's Emerging Technology Fund supporting deployment of Volt Harbor's grid-connected pilot system. University of Michigan spinoff Volt Harbor developing modular energy storage for data centers and utility grids.
• Blue Cross Blue Shield of MichiganflagshipStrategic or Co-development Partner · 27 May 2026Six-year contract renewal maintaining in-network status for Michigan Medicine hospitals and doctors. Blue Cross seeking value-based reimbursement models over volume-based payments. Agreement affects 300,000 patients.
• Blue Cross Blue Shield of MichigancoreStrategic or Co-development Partner · 27 May 2026Agreement reached to maintain in-network status for Michigan Medicine. Six-year renewal with undisclosed terms promoting affordability and access. Agreement covers 300,000 patients.
• Philadelphia FlyersminorStrategic or Co-development Partner · 22 May 2026Flyers first-round draft pick Jack Nesbitt committed to Michigan Wolverines hockey. Selected 12th overall in 2025. Expected to compete for spot on Canada's World Juniors roster.
• Yokohama National UniversitycoreStrategic or Co-development Partner · 13 May 2026$6.2M Japanese Ministry of Land grant for AI and robotics co-pilot systems for shipbuilders. Collaboration with MIT and Japanese academic partners including Yokohama National University, Osaka University, Osaka Metropolitan University, and National Maritime Research Institute.
• National Maritime Research Institute (Japan)coreStrategic or Co-development Partner · 13 May 2026Collaborating on AI and robotics co-pilot systems for shipbuilders using digital design twins. Project overseen by Monohakobi Technology Institute (NYK Line R&D).
• Osaka UniversitycoreStrategic or Co-development Partner · 13 May 2026Japanese academic partner in $6.2M AI and robotics shipbuilding research collaboration funded by Japan's Ministry of Land, Infrastructure, Transport and Tourism.
• Avenda HealthcoreStrategic or Co-development Partner · 12 May 2026University of Michigan Health Weiser Center for Prostate Cancer adopted Unfold AI platform, marking first deployment in the Midwest. FDA-cleared AI creates 3D cancer maps improving tumor identification from 37% to 97% sensitivity.
• Blue Cross Blue Shield of MichigancoreStrategic or Co-development Partner · 8 May 2026Michigan Medicine contracted with Blue Cross for healthcare services. University of Michigan Surveys of Consumers produces consumer sentiment index used by Blue Cross and other organizations for economic forecasting.
• Amazon Prime VideocoreChannel Partner/ Reseller/ Distributor · 30 April 2026Amazon Prime Video broadcasting Duke vs Michigan neutral-site game as part of groundbreaking TV deal. Amazon's first entry into college basketball. Game in Detroit ahead of Final Four hosting.
• University of Michigan Great Lakes Maritime InitiativecoreStrategic or Co-development Partner · 27 April 2026U-M leading initiative to improve Great Lakes shipbuilding, create jobs, and protect environment. Regional economic and environmental sustainability effort.
• National Institutes of Health (NIH)coreStrategic or Co-development Partner · 11 October 2024$3.6 million federal grant for five-year study on post-surgery pain management and opioid use among individuals with opioid use disorder. Aims to develop revised care guidelines evaluating multidisciplinary care including overdose prevention and peer recovery coaching.
• Los Alamos National Laboratory (DOE)flagshipStrategic or Co-development Partner · 15 May 2024$15 million five-year award from Los Alamos National Laboratory to develop advanced computing technologies including AI and modeling techniques for fusion energy and stellar evolution research. Collaboration aims to enhance understanding of fusion energy by integrating large-scale algorithms, domain knowledge, and AI tools.
• National Science Foundation (NSF)coreStrategic or Co-development Partner · 7 May 2024$4.8 million NSF-funded field campaign to improve snowfall forecasts and water availability estimates in western US. Deployment of 30+ scientific instruments in Colorado's Park Range with multiple university collaborators covering 2024-2025 winter season.
• Centers for Disease Control and Prevention (CDC)flagshipStrategic or Co-development Partner · 20 September 2023$17.5 million CDC grant to establish Michigan Public Health Integrated Center for Outbreak Analytics and Modeling (MICOM) as part of national outbreak response network. Collaboration with Michigan Department of Health and Human Services and various university units.
• U.S. Department of EnergyflagshipStrategic or Co-development Partner · 24 July 2023$7.5 million DOE award to College of Engineering for nuclear energy research including reactor licensing acceleration, condition monitoring, and safety improvements. Multiple universities and national laboratories collaborating on technological innovation.
• National Nuclear Security AdministrationflagshipStrategic or Co-development Partner · 20 June 2023Two NNSA-funded research centers received combined $27 million to study hot plasmas relevant to astrophysics and nuclear fusion. Centers aim to improve understanding of plasma behavior under extreme conditions for stockpile stewardship and fusion development.
• U.S. Department of TransportationcoreStrategic or Co-development Partner · 25 May 2023$9.85 million Biden administration grant for connected vehicle research supporting advancement of vehicle-to-everything (V2X) communication technologies.
• U.S. Department of EnergyflagshipStrategic or Co-development Partner · 30 August 2022$10.95 million DOE-funded research center for advanced solid-state battery and fuel cell technologies. Focus on ceramic ion conductors as replacements for liquid electrolytes in lithium-ion batteries. Addressing mechanical and chemical interactions at solid-solid interfaces.
• General MotorsflagshipStrategic or Co-development PartnerGM-UMTRI study found GM vehicles with advanced driver assistance features showed 14-57% reduction in injury crashes. Examined 700,000+ police-reported crashes across 12 million GM vehicles 2020-2024. Eighth in long-running ADAS field effectiveness studies series.
• Stanford UniversitycoreStrategic or Co-development PartnerCollaboration with Stanford, All Hands AI, Google DeepMind, Microsoft, and MIT on AI agent research. Study found AI agents consume up to 3,500 times more tokens than prompt-based chats with unpredictable costs.
• Google DeepMindcoreStrategic or Co-development PartnerDeepMind collaboration on AI agent research studying token consumption and cost unpredictability across multiple AI models including ChatGPT, Claude, Gemini, and Kimi-K2.
• Microsoft ResearchcoreStrategic or Co-development PartnerMicrosoft Research collaboration on AI agent study testing multiple models for enterprise adoption challenges related to cost unpredictability.
• MITcoreStrategic or Co-development PartnerMIT collaboration on AI agent research examining token consumption patterns and cost implications for enterprise AI adoption.
• ApplecoreStrategic or Co-development PartnerApple Hearing Study partnership with U-M one of largest hearing research studies with 160,000+ consented participants. New findings released from ongoing collaboration studying hearing health and noise exposure impacts.

Scale indicators24 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• University of Texas at Austin: Top-ranked public R1 with comparable scale, $1B+ research portfolio, large medical center, and similar athletic prominence. Competes for the same out-of-state applicant pool and federal research dollars; comparable tuition pricing model.
• University of California, Berkeley: Top-tier US public research university with similar scale in research expenditures, federally sponsored funding, and graduate program rankings. Directly comparable flagship R1 public university competing for the same out-of-state student pool, faculty talent, and federal research grants.
• University of California, Los Angeles (UCLA): Flagship public R1 university with comparable research scale, top-tier rankings, large medical center, and athletic prominence. Competes head-to-head for students, faculty, and federal research dollars; similar revenue and endowment scale.
• University of Illinois Urbana-Champaign: Big Ten public R1 with similarly strong engineering and computer science programs, comparable federal research funding, and overlapping industry partnerships in automotive and manufacturing. Direct competitor in Midwest talent and research markets.
• Ohio State University: Big Ten peer with similar enrollment scale (~60K students), large medical center, major athletic programs, and comparable federal research funding. Direct competitor for Ohio and Midwest students, Big Ten media rights value, and faculty talent.
• University of Wisconsin-Madison: Big Ten public R1 with comparable research profile, especially in medical sciences and engineering, and similar multi-campus system structure. Overlaps in federal research funding sources and Midwest talent market.
• Pennsylvania State University: Multi-campus public R1 with similar structure (main campus + regional campuses), comparable research portfolio, and Big Ten membership. Overlaps in federal research funding and online education programs.
• University of Virginia: Top-ranked public R1 with comparable graduate program rankings, federal research funding profile, and selective admissions. Competes for the same out-of-state students and research prestige positioning.

Broad incumbents

• Stanford University: Adjacent private research university with comparable R&D scale, tech transfer engine, and Silicon Valley commercialization success. Collaborates with Michigan on AI agent research (Google DeepMind, Microsoft, MIT) but operates as private elite with larger endowment and higher selectivity.

Regional players

• Michigan State University: Michigan's other major public R1 and Big Ten peer. While smaller in research scale and rankings, it directly competes for in-state Michigan students and state appropriations, and overlaps in agricultural and athletic program offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/UMich
• YouTubeyoutube.com/user/uofmichigan
• Facebookfacebook.com/universityofmichigan
• LinkedInlinkedin.com/company/university-of-michigan
• Instagraminstagram.com/uofmichigan
• TikToktiktok.com/@uofmichigan

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds32 records

Investors20 records

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M&A

Investments23 records

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Frequently asked questions about University of Michigan