Top Hat Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 342

Employees

  • Latest Deal Type
  • Debt

  • Investors
  • 14

Top Hat General Information

Description

Developer of a learning platform designed to recreate an interactive in-class experience online. The company's platform offers affordable and customizable educational content to publish, share, and collaborate with peers on course materials, enabling professors to engage and motivate students in online, blended, and face-to-face courses.

Contact Information

Website
www.tophat.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 151 Bloor Street West
  • Suite 200
  • Toronto, Ontario M5S 1S4
  • Canada
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Vertical(s)
Corporate Office
  • 151 Bloor Street West
  • Suite 200
  • Toronto, Ontario M5S 1S4
  • Canada

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Top Hat Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Debt - General 01-Jan-2023 Completed Generating Revenue
12. Secondary Transaction - Private Completed Generating Revenue
11. Later Stage VC (Series E) 04-Feb-2021 Completed Generating Revenue
10. Later Stage VC (Series D) 21-Jan-2020 Completed Generating Revenue
9. Debt - General Completed Generating Revenue
8. Later Stage VC (Series C) 15-Jun-2017 Completed Generating Revenue
7. Secondary Transaction - Private 01-Jan-2017 Completed Generating Revenue
6. Later Stage VC (Series B) 06-May-2014 Completed Generating Revenue
5. Early Stage VC 18-Jan-2013 $1.1M $11.1M Completed Generating Revenue
4. Early Stage VC (Series A) 01-May-2012 $8.05M $10M Completed Generating Revenue
To view Top Hat’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Top Hat Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a learning platform designed to recreate an interactive in-class experience online. The company's platform
Educational Software
Toronto, Canada
342 As of 2025

Dania Beach, FL
 

Charlotte, NC
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Top Hat Competitors (16)

One of Top Hat’s 16 competitors is Nearpod, a Private Equity-Backed company based in Dania Beach, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nearpod Private Equity-Backed Dania Beach, FL
Discovery Education Private Equity-Backed Charlotte, NC
Quizlet Private Equity-Backed San Francisco, CA
Packback Venture Capital-Backed Chicago, IL
Trakstar Learn Private Equity-Backed Seattle, WA
You’re viewing 5 of 16 competitors. Get the full list »

Top Hat Patents

Top Hat Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240169852-A1 Method and appratus for chemistry education Pending 21-Nov-2022
CA-3182464-A1 Systems and methods for facilitating engagement and learning in a learning environment Pending 16-Nov-2022
US-20240161647-A1 Systems and methods for facilitating engagement and learning in a learning environment Pending 16-Nov-2022
US-12198567-B2 Method and apparatus of math education Active 17-Oct-2022
US-20240127712-A1 Method and apparatus of math education Active 17-Oct-2022 G09B19/025
To view Top Hat’s complete patent history, request access »

Top Hat Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Top Hat Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Ripple Capital Venture Capital Minority
Innovation Banking Group Corporation Minority
Teralys Capital Fund of Funds Minority
Leaders Fund Venture Capital Minority
You’re viewing 5 of 14 investors. Get the full list »

Top Hat Acquisitions (5)

Top Hat’s most recent deal was a Merger/Acquisition with Aktiv Learning. The deal was made on 05-Dec-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Aktiv Learning 05-Dec-2022 Merger/Acquisition Educational Software
Morton Publishing 26-Aug-2021 Merger/Acquisition Publishing
Fountainhead Press 13-Jan-2021 Merger/Acquisition Publishing
Bluedoor 25-Aug-2020 Merger/Acquisition Publishing
Nelson Education (University Textbook Division) 26-May-2020 Merger/Acquisition Publishing
To view Top Hat’s complete acquisitions history, request access »

Top Hat Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Aktiv Learning New York, NY 2016
Fountainhead Press Southlake, TX 2002
Bluedoor Minneapolis, MN 2001
Morton Publishing Englewood, CO 1977
Morton Publishing Co Liberty Hill, TX 1977

Top Hat FAQs

  • When was Top Hat founded?

    Top Hat was founded in 2009.

  • Where is Top Hat headquartered?

    Top Hat is headquartered in Toronto, Canada.

  • What is the size of Top Hat?

    Top Hat has 342 total employees.

  • What industry is Top Hat in?

    Top Hat’s primary industry is Educational Software.

  • Is Top Hat a private or public company?

    Top Hat is a Private company.

  • What is Top Hat’s current revenue?

    The current revenue for Top Hat is .

  • How much funding has Top Hat raised over time?

    Top Hat has raised $228M.

  • Who are Top Hat’s investors?

    , Ripple Capital, Innovation Banking Group, Teralys Capital, and Leaders Fund are 5 of 14 investors who have invested in Top Hat.

  • Who are Top Hat’s competitors?

    Nearpod, Discovery Education, Quizlet, Packback, and Trakstar Learn are some of the 16 competitors of Top Hat.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »