What is Top Hat?
Founded in 2009 and headquartered in Toronto, Ontario, Top Hat provides a comprehensive platform designed to empower educators. The company's solutions enable instructors to manage attendance, administer interactive polls, games, and quizzes, and share lecture notes seamlessly by connecting with students' mobile devices. Beyond classroom engagement, Top Hat delivers online homework and interactive content, fostering a collaborative environment where instructors can create dynamic course materials. This focus on interactive and digital learning tools positions Top Hat as a key player in modernizing educational delivery.
How much funding has Top Hat raised?
Top Hat has raised a total of $228.1M across 7 funding rounds:
Angel/Seed
$1.5M
Series A
$8M
Unspecified
$1.1M
Series B
$10M
Series C
$22.5M
Series D
$55M
Series E
$130M
Angel/Seed (2011): $1.5M, investors not publicly disclosed
Series A (2012): $8M led by SoftTech VC, Version One Ventures, Golden Venture Partners, Inovia, and Emergence Capital Partners
Unspecified (2013): $1.1M supported by Felicis Ventures
Series B (2014): $10M featuring Georgian, Golden Venture Partners, Inovia, Version One Ventures, Emergence Capital Partners, and SoftTech VC
Series C (2017): $22.5M backed by Emergence Capital Partners, Georgian, Union Square Ventures, Golden Venture Partners, Inovia, Version One Ventures, and SoftTech VC
Series D (2020): $55M with participation from Innovation Banking Group, BMO Technology, Inovia Capital, Leaders Fund, Emergence Capital Partners, Georgian, and Union Square Ventures
Series E (2021): $130M led by Georgian
Key Investors in Top Hat
Georgian
Georgian is a growth-stage investment firm that partners with B2B software and AI companies, providing capital, strategic guidance, and technical expertise to help businesses scale and innovate.
Emergence Capital Partners
Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for growth.
What's next for Top Hat?
With its substantial enterprise-level backing and recent strategic investment, Top Hat is poised for accelerated expansion and product development. The company's trajectory suggests a focus on scaling its platform to reach a broader educational audience and enhancing its suite of interactive learning tools. Future initiatives will likely involve further integration of advanced educational technologies and deepening its market penetration within higher education and potentially K-12 institutions. The consistent investor support signals a strategic push towards solidifying its leadership in the digital education landscape.
See full Top Hat company page
