Top Hat Raises $22.5M in Series C Financing

Funding Rounds

▤ Summary

Top Hat, a Toronto, Canada-based interactive teaching platform provider, raised $22.5M in Series C financing.In conjunction with the funding, Albert Wenger, partner at Union Square Ventures, joined Top Hat’s Board of Directors.The company, which currently has more than 200 employees across offices in Toronto and Denver, intends to use the funds to accelerate the development of new solutions for creating and distributing academic content.Led by Mike Silagadze, co-founder and CEO, Top Hat provides a cloud-based teaching platform that enables professors to engage students inside and outside the classroom with content, tools and activities.Content is available across disciplines including chemistry, biology, history and statistics with more coming online every month.

$ Funding

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Amount $22.5M Total raised
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Date February 15, 2017 Announcement date
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Investors Union Square Ventures, Top Hat Lead investors
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Company http://tophat.com Funded company

▥ Classifications

industries
EduTech - institutions
applications
Collaboration & Communication

◇ AskAI Classifications

Labels
SaaS EdTech Learning Management Software

▦ Linked Companies

Top Hat
$1M to $5M