Top Hat

Top Hat

Campus-wide courseware enabling personalized learning

Overview

Top Hat provides a campus-wide education technology platform with courseware and classroom tools to help educators personalize learning and improve equity. Its offerings include Top Hat Pages for content personalization, interactive response tools for in-class engagement, and hundreds of fully editable textbooks. Educators customize materials, deploy activities in class, and scale across entire campuses, while students interact with digital content and questions. The platform stands out with a large editable library, ease of use, and a focus on scalable, equitable learning across courses and institutions.

About Top Hat

Simplify's Rating
Why Top Hat is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Education

Company Size

201-500

Company Stage

Series E

Total Funding

$234.9M

Headquarters

Toronto, Canada

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Title II ruling drives demand for Ace, automating accessibility for 1,500+ institutions.
  • Indiana University study shows 11.5% withdrawal reduction, proving retention ROI.
  • Leaders Fund investment fuels Marketplace launch, targeting $300B textbook market.

What critics are saying

  • Kahoot! captures share with cheaper quizzes, eroding Top Hat subscriptions in 6-12 months.
  • Pearson dominates Marketplace, stranding Leaders Fund investment in 12-24 months.
  • Ace fails Title II compliance, triggering university lawsuits by April 2026.

What makes Top Hat unique

  • Top Hat Marketplace enables professors to publish affordable textbooks, bypassing traditional publishers.
  • Ace Content Enhancer automates WCAG 2.1 AA compliance for Title II deadlines in April 2026.
  • Interactive tools like quizzes and polls transform passive lectures into active learning environments.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$234.9M

Below

Industry Average

Funded Over

8 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Health Insurance

Remote Work Options

Flexible Work Hours

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Leaders Fund
Dec 11th, 2025
Top Hat raises funding to transform university learning with modern platform and textbook marketplace

Leaders Fund has announced an investment in Top Hat, a platform modernising university education for professors and students. The company serves over 19 million students in the USA passing through higher education institutions annually. Top Hat is launching Top Hat Marketplace, an alternative to traditional textbook publishers where professors can publish, share and collaborate on course materials. The platform aims to reduce students' financial burden whilst transforming how educators author and adopt textbooks. Leaders Fund cited Top Hat's leadership team, led by CEO and founder Mike Silagadze, as a key factor in the investment decision. The firm believes Top Hat addresses younger students' expectations for modern technology in their learning experiences, similar to how consumerisation of IT transformed enterprise software.

Top Hat
Oct 28th, 2025
Top Hat Unveils AI-Powered Content Enhancer to Accelerate Title II Accessibility Compliance in Higher Ed

Top Hat unveils ai-powered Content Enhancer to accelerate Title II accessibility compliance in higher ed. New capabilities in Top Hat Ace enable educators to quickly and easily transform static course materials into accessible, interactive content. TORONTO - october 28, 2025 - Top Hat, the leader in student engagement solutions for higher education, today announced the launch of a powerful new accessibility tool in its AI-powered assistant, Ace. Ace Content Enhancer gives faculty the ability to upload existing course materials into Top Hat and receive actionable guidance to meet WCAG 2.1 AA accessibility standards with minimal effort. Following the U.S. Department of Justice's 2024 Title II ruling, public colleges and universities must ensure all digital content meets WCAG 2.1 AA standards as early as April 2026, depending on institution size. But for most professors, the path to compliance is anything but clear. The rules are highly technical, and without dedicated time or training, it can be challenging to ensure materials are fully compliant. Ace Content Enhancer removes this burden by scanning materials in Top Hat in seconds, identifying issues, and providing recommendations to help content meet the standards for accessibility outlined under Title II. "We're helping educators meet this moment by simplifying compliance and making it easier to create learning experiences that serve all students," said Maggie Leen, CEO of Top Hat. "More than meeting a mandate, this is an opportunity to create content that's more engaging, and ultimately more effective in supporting student success." A faster, simpler path to compliant courseware. With Ace's AI-powered Content Enhancer, faculty can: * Scan materials for accessibility issues instantly. Uploaded or existing content in Top Hat is analyzed in seconds, with specific accessibility concerns in text and images flagged for quick review. * Remediate with ease. Recommendations and features like auto-generated alt-text remove guesswork and save time. * Improve clarity for all learners. Suggested tone helps make content easier to understand and more effective. * Make content more relevant. Use Ace to generate real-world examples tailored to students' interests, academic goals, or backgrounds to boost engagement. * Reinforce learning through practice. Ace will suggest interactive, low-stakes questions to deepen understanding and support active learning. "Educators retain full control of their content, while Ace eliminates the guesswork, making accessibility improvements fast, intuitive, and aligned with instructional goals," said Hong Bui, Chief Product Officer at Top Hat. "We're providing a guided path forward so that accessibility doesn't come at the expense of interactivity, creativity, or sound pedagogy." The launch of Ace Content Enhancer reflects Top Hat's broader commitment to accessibility. It builds on existing capabilities - like automatic transcription of slide content - and reinforces the company's focus on ensuring all student-facing tools and experiences, across web and mobile, meet WCAG 2.1 AA standards, including readings, assessments, and interactive content. As the leader in student engagement solutions for higher education, Top Hat enables educators to employ evidence-based teaching practices through interactive content, tools, and activities in in-person, online and hybrid classroom environments. Thousands of faculty at more than 1,500 North American colleges and universities use Top Hat to create personalized, engaging and accessible learning experiences for students before, during, and after class. To learn more, please visit tophat.com.

Top Hat
Oct 22nd, 2024
Indiana University Faculty Who Focus on Student Engagement Using Top Hat See 11.5% Decrease in Student Withdrawal Rate

TORONTO - October 22, 2024 - Top Hat, a leading provider of student engagement solutions for higher education, has released the first significant finding in an ongoing research initiative with Indiana University exploring the impact of student engagement leveraging Top Hat on retention and academic outcomes.

Top Hat
May 1st, 2024
Time Magazine Names Top Hat One of the World's Top EdTech Companies

TORONTO - May 1, 2024 - Top Hat, the leader in student engagement solutions for higher education, has been recognized as one of the World's Top EdTech Companies by Time Magazine.

Top Hat
Mar 21st, 2024
Top Hat Unveils Latest Ace Innovation With AI-Powered Lecture Enhancer

TORONTO - March 21, 2024 - Top Hat, the leader in student engagement solutions for higher education, has announced new enhancements to Ace, a groundbreaking AI-powered assistant designed to create better teaching and learning experiences for educators and students.

Recently Posted Jobs

Sign up to get curated job recommendations

Top Hat is Hiring for 6 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →