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Top Hat revenue hit $42.8 million in 2023

Top Hat valuation more than $500 million

Top Hat team size is 475 employees


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Top Hat

151 Bloor Street West, 200 Toronto, On, Canada

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How Top Hat hit $42.8M Revenue with 750 customers in 2023.

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.

Founded

2009

Founded

Revenue

$42.8M

2022 Revenue

YOY
-----

YOY

Funding

$179.4M

Funding


Top Hat Revenue

In 2022, Top Hat revenue run rate hit $42.8M in revenue.

  • 2021

    Top Hat hit $42.8M in revenue in 2021

  • 2014

    Top Hat hit $4.8M in revenue in 2014

  • 2009

    Top Hat launched in 2009 with $0 revenue

791.00% ▲$4.8M$42.8M

Top Hat Funding History

  • 2021 Series E

    Top Hat raised a Series E of $130M at a $500M valuation in February 2021

  • 2017

    Top Hat raised a of $7.5M

  • 2017

    Top Hat raised a of $22.5M

  • 2014

    Top Hat raised a of $10M

  • 2013

    Top Hat raised a of $1.1M

  • 2012

    Top Hat raised a of $8M

  • 2010

    Top Hat raised a of $300K

FUNDING DATEROUNDAMOUNTVALUATION
02/04/2021 Series E $130M $500M
06/14/2017 $7.5M
02/15/2017 $22.5M
05/06/2014 $10M
01/18/2013 $1.1M
05/01/2012 $8M
05/01/2010 $300K

Team

Top Hat has 475 total employees They have 750 customers

2021
DISTRIBUTIONQTY
Total team size
475
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Mike Silagadze

Q&A

What`s your age?

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Advice for 20 year old self

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Customers

Top Hat has 750 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Top Hat has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Top Hat

Monthly Revenue

$3.6M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Top Hat Board of Directors

NamePosition
Justin LaFayetteBoard Member
Nicole TaylorBoard Member
Shawn AbbottBoard Member
Gordon RitterBoard Member
Kristen HamiltonBoard Member
Mike SilagadzeBoard Member
Albert WengerBoard Member

Top Hat Executives

NamePosition
Mike Silagadze CEO

Top Hat Employees

NamePosition
Justin LaFayette Board Member
Nicole Taylor Board Member
Shawn Abbott Board Member
Gordon Ritter Board Member
Kristen Hamilton Board Member
Mike Silagadze Board Member
Albert Wenger Board Member
Mike Silagadze CEO

Frequently Asked Questions about Top Hat

When was Top Hat founded?

Top Hat was founded in 2009.

How much revenue does Top Hat generate?

Top Hat generates $42.8M in revenue.

Who is the CEO of Top Hat?

The CEO of Top Hat is Mike Silagadze.

How much funding does Top Hat have?

Top Hat raised $179.4M.

How many employees does Top Hat have?

Top Hat has 475 employees.

Where is Top Hat headquarters?

Top Hat is headquartered in Canada