Valuation
$500M
2024 Revenue
$68M
Customers
750
Funding
$179.4M
YOY
30.2%
Avg ACV
$90.7K
Team
456
Founded
2009
How Top Hat CEO Joe Rohrlich grew Top Hat to $68M revenue and 750 customers in 2024.
Top Hat is an educational technology company that provides a cloud-based teaching platform for higher education institutions. Top Hat's platform allows professors to engage students with interactive content, including quizzes, discussions, and polls, and provides analytics and insights into student performance. The platform is used by over 750 universities and colleges worldwide to improve student engagement, attendance, and academic outcomes.
Last updated
Top Hat Revenue
In 2024, Top Hat's revenue reached $68M. The company previously reported $52.3M in 2023. Since its launch in 2009, Top Hat has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Top Hat Hit $68m revenue in October 2024 | |
| 2023 | Top Hat Hit $52.3m revenue in December 2023 | |
| 2021 | Top Hat Hit $42.8m revenue in February 2021 | |
| 2014 | Top Hat Hit $4.8m revenue in May 2014 | |
| 2009 | Launched with $0 revenue |
Top Hat Valuation, Funding Rounds
Top Hat reached a $500M valuation in 2021, set during its Series E round.
Top Hat has raised $179.4M in total funding across 7 rounds, most recently a $130M Series E round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Series E | $130M | $500M | 26% | |
| 2017 | Funding round | $7.5M | - | - | |
| 2017 | Funding round | $22.5M | - | - | |
| 2014 | Funding round | $10M | - | - | |
| 2013 | Funding round | $1.1M | - | - | |
| 2012 | Funding round | $8M | - | - | |
| 2010 | Funding round | $300K | - | - |
Top Hat Employees & Team Size
Top Hat employs approximately 456 people as of 2026, down from 548 in 2023.
Top Hat has 456 total employees in different roles and functions and 71 sales reps that carry a quota. They have 750 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 456 employees (December 2024) |
| 2024 | Reached 456 employees (October 2024) |
| 2023 | Reached 548 employees (December 2023) |
| 2023 | Reached 537 employees (September 2023) |
| 2023 | Reached 400 employees (July 2023) |
| 2023 | Reached 548 employees (January 2023) |
| 2022 | Reached 544 employees (December 2022) |
| 2022 | Reached 497 employees (January 2022) |
| 2021 | Reached 538 employees (December 2021) |
| 2021 | Reached 502 employees (August 2021) |
| 2021 | Reached 475 employees (February 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Top Hat acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Top Hat
What is Top Hat's revenue?
Top Hat generates $68M in revenue.
Who is the CEO of Top Hat?
The CEO of Top Hat is Joe Rohrlich.
How much funding does Top Hat have?
Top Hat raised $179.4M.
How many employees does Top Hat have?
Top Hat has 456 employees.
Where is Top Hat headquarters?
Top Hat is headquartered in Toronto, Ontario, Canada.
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Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
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