Top Hat

Toronto, Canada Founded: 2009 • Age: 17 yrs
Cloud-based teaching tools and engagement solutions are provided for educators.
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About Top Hat

Top Hat is a company based in Toronto (Canada) founded in 2009.. Top Hat has raised $199.5 million across 9 funding rounds from investors including BMO, Georgian and Inovia Capital. Top Hat has completed 4 acquisitions, including Aktiv, Fountainhead Press and Morton Publishing Company. Top Hat operates in a competitive market with competitors including Seervision, Vivi, 2WayLive, Planet eStream and Blindside Networks, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Top Hat Inc
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $199.5 M (USD)

    in 9 rounds

  • Latest Funding Round
    $130 M (USD), Series E

    Feb 04, 2021

  • Investors
    BMO

    & 12 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Aktiv

    & 3 more

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People of Top Hat
Headcount 200-500
Employee Profiles 69
Board Members and Advisors 7
Employee Profiles
People
Harleen Dhami
Senior Content Marketing Specialist
People
Amanda Kutney
Director Of Content, Chemistry
People
Greg Haines
Account Executive
People
Tara Furey
Senior Inside Sales & Account Manager

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Board Members and Advisors
people
Bill Okun
Executive Chairman
people
Nicole Taylor
Director
people
Justin Lafayette
Director
people
Kristen Hamilton
Director

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Funding Insights of Top Hat

Top Hat has successfully raised a total of $199.5M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $130 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 9
  • Last Round Series E — $130.0M
  • First Round

    (05 Jul 2011)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Series E - Top Hat Valuation

investors

Feb, 2020 Amount Debt – Conventional - Top Hat Valuation

investors

Feb, 2020 Amount Series D - Top Hat Valuation Inovia Capital , Georgian
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Top Hat

Top Hat has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include BMO, Georgian and Inovia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in early-stage technology companies by Inovia Capital.
Founded Year Domain Location
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
Founded Year Domain Location
Tech focused Early and growth stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Top Hat

Top Hat has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aktiv, Fountainhead Press and Morton Publishing Company. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of online learning solutions for school students
2016
Books across multiple categories are published by the company.
2002
Course materials are provided by bluedoor for educational use.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Top Hat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Top Hat Comparisons

Employees
+
Add Comparison
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Competitors of Top Hat

Top Hat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seervision, Vivi, 2WayLive, Planet eStream and Blindside Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-enabled video analytics platforms are provided for enterprise applications.
domain founded_year HQ Location
Smart classroom solutions are delivered for higher education institutes.
domain founded_year HQ Location
Educational video conferencing connects central studios to remote classrooms.
domain founded_year HQ Location
Online video management is provided for educational institutions.
domain founded_year HQ Location
Offers web conferencing tools for virtual learning in education and corporate sectors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Top Hat

Frequently Asked Questions about Top Hat

When was Top Hat founded?

Top Hat was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Top Hat located?

Top Hat is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is Top Hat a funded company?

Top Hat is a funded company, having raised a total of $199.5M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $35M, raised on Jul 05, 2011.

What does Top Hat do?

Top Hat was founded in 2009 in Toronto, Canada, as a cloud-based platform in the education technology sector. Classroom engagement and content management solutions are delivered to educational institutions. Attendance is facilitated through students devices, while customized interactive textbooks, courses, and materials are made available for teaching purposes. Operations focus on supporting instructors with digital tools for interactive learning environments.

Who are the top competitors of Top Hat?

Top Hat's top competitors include Seervision, Vivi and Planet eStream.

How many acquisitions has Top Hat made?

Top Hat has made 4 acquisitions, including Aktiv, Fountainhead Press, and Morton Publishing Company.

Who are Top Hat's investors?

Top Hat has 13 investors. Key investors include BMO, Georgian, Inovia Capital, Union Square Ventures, and Emergence Capital.

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