FundedIQ
Education

Top Hat: Funding, Investors & Team (Sep 2026)

As a student engagement and interactive teaching platform, Top Hat’s software helps college professors activate classrooms. In a world of digital distractions, countless academic studies have reinforced the reality that students better understand the day’s lesson if they’re asked to engage with peers, interact with complex material and participate in class. By requiring students to use their personal devices to answer quizzes, reply to polls, and tackle difficult simulations, Top Hat transforms the passive lecture hall into an engaging learning environment. As an advocate for traditional, on-campus education, Top Hat not only modernizes established teaching methods but also facilitates new approaches including the ‘flipped classroom,’ ‘group learning,’ and other creative solutions. Top Hat is headquartered in Toronto, Canada, hosts 120 full-time employees, and has been operating since its 2009 launch behind $22M in venture funding.

www.tophat.com LinkedIn Toronto, Canada 251-500 employees
Total raised
$130M
Rounds
1
Latest
Series E
Feb 2021

Top Hat has raised $130M across 1 funding round on record, the most recent a Series E of $130M announced in Feb 2021.

That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.

Top Hat Company Profile and Key Stats

Total funding raised
$130M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series E
$130M in Feb 2021
Employees
251-500
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Feb 2021.

Top Hat Funding Rounds

Date
Round
Amount
Series E
$130M

Top Hat Founders and Leadership Team

Name
Role
Contact
Mike Silagadze
CEO
Locked

Contact details for the Top Hat team: 1 of 1 has an email address on file.

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Top Hat Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.5M
3,095
$2.2M
270
$100M

Top Hat's latest round of $130M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

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Top Hat Funding FAQs

What does Top Hat do?

As a student engagement and interactive teaching platform, Top Hat’s software helps college professors activate classrooms. In a world of digital distractions, countless academic studies have reinforced the reality that students better understand the day’s lesson if they’re asked to engage with peers, interact with complex material and participate in class. By requiring students to use their personal devices to answer quizzes, reply to polls, and tackle difficult simulations, Top Hat transforms the passive lecture hall into an engaging learning environment. As an advocate for traditional, on-campus education, Top Hat not only modernizes established teaching methods but also facilitates new approaches including the ‘flipped classroom,’ ‘group learning,’ and other creative solutions. Top Hat is headquartered in Toronto, Canada, hosts 120 full-time employees, and has been operating since its 2009 launch behind $22M in venture funding.

How much funding has Top Hat raised?

Top Hat has raised $130M across 1 round on record. The most recent is a Series E of $130M announced in Feb 2021.

When did Top Hat last raise funding?

Top Hat's most recent funding round on record is a Series E of $130M, announced in Feb 2021.

Who is the CEO of Top Hat?

Mike Silagadze is listed as CEO at Top Hat.

Where is Top Hat headquartered?

Top Hat is based in Toronto, Ontario, Canada.

How many employees does Top Hat have?

Top Hat is in the 251-500 employee band.

How does Top Hat's funding compare to other Education startups?

Top Hat's latest round of $130M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's Top Hat Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Top Hat is left off this page rather than filled in.

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