Top Hat logo
Founded 2009

Top Hat

2021 Revenue

$42.8M

YOY

790.63%

Funding

$179.4M

Overview

About Top Hat

Top Hat is a higher education teaching app that makes active learning come to life. Our suite of easy-to-use tools address four teaching challenges: student engagement; textbook affordability and customizability; student comprehension; and secure test administration.

Monthly Revenue

$3.6M

+ $3.2M (790.63%)
Total Expenses

$3.6M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

790.63%

=
Rule of 40

791


Headquarters

Canada

Top Hat Revenue vs Funding

$Funding$Revenue

Revenue

In 2021, Top Hat revenue run rate hit $42.8M in revenue.

791.00%▲$4.8M$42.8M

Funding History

Top Hat has raised a total of $179.4M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
02/04/2021$130.0M$500.0M
06/14/2017$7.5M
02/15/2017$22.5M
05/06/2014$10.0M
01/18/2013$1.1M
05/01/2012$8.0M
05/01/2010$300.0K

Customers

Top Hat has 750 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Top Hat has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Top Hat has 475 employees.

2021
DistributionQty

Total Team Size

475

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Mike Silagadze


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Top Hat

When was Top Hat founded?

Top Hat was founded in 2009.


Who is the CEO of Top Hat?

The CEO of Top Hat is Mike Silagadze


How many employees does Top Hat have?

Top Hat has 475 employees.

How much revenue does Top Hat generate?

Top Hat generates $42.8M in revenue.


How much funding does Top Hat have?

Top Hat has raised $179.4M.


Where is Top Hat headquarters?

Top Hat is headquartered at Canada

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