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Top Hat
Top Hat’s interactive software helps college professors quickly activate classrooms by engaging students over their own devices
About Top Hat
Top Hat is a dynamic courseware provider that operates in the education technology market. The company's primary focus is to empower educators by providing them with tools to deliver personalized, relevant, and equitable learning experiences. Its services are designed to cater to the diverse learning needs of students, making education more accessible and engaging.
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Top Hat's business model revolves around offering a range of educational tools and resources. These include Top Hat Pages, an easy-to-use content personalization tool, and interactive response tools designed to keep students focused and engaged. The company also provides hundreds of fully editable textbooks, offering flexibility to educators in delivering personalized learning experiences.
The company's clients primarily consist of educators and students. Its services are designed to be used across an entire campus, making it suitable for both individual courses and whole institutions. The company's revenue is generated through the sale of its courseware and educational resources.
Top Hat's platform is highly regarded by its users, with 86% of students responding positively to the courseware and 94% agreeing that it's easy to use. This suggests that the company's focus on user-friendly, dynamic learning tools is resonating with its target market.
In summary, Top Hat is a dynamic courseware provider that offers a range of educational tools and resources to educators and students. Its business model is centered around the sale of these resources, and it operates in the education technology market.
At a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Toronto, Canada
- Employees
- 466
- Open positions
- None listed
- Dealroom signal
- 71.6/100
- Industry
- Education
- Sub-industry
- Education Management
- Sector
- Edtech, Higher Education, Quizzes and Gaming Platforms, Assessment and Credentialing, Student and Parent Engagement
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 4 companies, latest Dec 2022
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Top Hat.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Feb 2021 | $130M | $370M | Georgian | ↗ |
| SERIES DOther financing | Feb 2020 | $55M | $220M | Inovia Capital · Georgian | ↗ |
Growth signals
Latest recorded traffic for Top Hat is 810K monthly website visits, down 80.2% over the last three months. Top Hat's team declined 3.7% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Aktiv LearningNew York City, United StatesDevelops the next-generation active learning platform for college STEM courses
$18Mvaluation
Morton PublishingEnglewood, United States
→
Fountainhead PressSouthlake, United StatesA conscientious, open-minded, and practical publishing house specializing in English Composition and Communication
→
BluedoorEdina, United States
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A6 investors entered at this stage
Inovia Capital
Emergence
Version One Ventures
Uncork Capital
Golden Venture Partners
MaRS Investment Accelerator Fund
Series B and later3 investors entered at this stage
Union Square Ventures
Leaders Fund
Georgian
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Top Hat on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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