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

Get referred to Top Hat

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • January 2026 UW–Madison said Top Hat saved students over $1 million annually.
  • October 2025 Ace Content Enhancer targets April 2026 Title II accessibility deadlines.
  • July 2026 TIME named Top Hat a World’s Top EdTech Company, aiding recruiting.

What critics are saying

  • February 2024 layoffs cut 35 staff after 42 August 2023, signaling persistent cost pressure.
  • January 2024 CEO Joe Rohrlich and CRO Matt Schurk departed, exposing leadership instability.
  • Textbook publishers, LMS vendors, and low-cost open resources can compress Top Hat adoption by 2027.

What makes Top Hat unique

  • Top Hat’s January 2026 Wiley partnership bundles authoritative content with engagement workflows.
  • UW–Madison’s January 2026 enterprise license eliminated student costs and scaled active learning.
  • Ace Content Enhancer, launched October 2025, ties accessibility compliance to daily teaching workflows.

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

0%

1 year growth

0%

2 year growth

0%
Top Hat
Jul 22nd, 2026
Top Hat earns spot on TIME's World's Top EdTech Companies 2026 list.

Top Hat earns spot on TIME's World's Top EdTech Companies 2026 list. July 22, 2026. Top Hat has been named one of TIME's World's Top EdTech Companies 2026, recognizing its leadership in helping educators create more engaging, evidence-based learning experiences through AI-powered innovation. TORONTO - July 22, 2026 - Top Hat, the leader in student engagement solutions for higher education, today announced it has been named one of the World's Top EdTech Companies by TIME Magazine. The annual ranking, presented by TIME and Statista, recognizes the world's leading education technology companies based on both financial strength and industry impact. This year's evaluation assessed approximately 6,500 companies worldwide, with the top 500 earning recognition. This is the second time Top Hat has been recognized on TIME's annual World's Top EdTech Companies list, reflecting its continued commitment to innovation and educator success. "This recognition reflects something much bigger than Top Hat - it reflects the growing importance of technology in helping educators spark curiosity and critical thinking," said Maggie Leen, Chief Executive Officer at Top Hat. "We're committed to building tools that help students engage with ideas, develop their thinking and demonstrate the skills they'll carry with them long after graduation." Since 2009, Top Hat has empowered educators to create classrooms where learning is active, visible and engaging. Top Hat helps educators bring every class to life with interactive questions, discussions and activities that encourage participation while giving instructors real-time insight into student understanding. Together, these tools help institutions create richer learning experiences that improve engagement, strengthen outcomes and prepare students with the critical thinking skills they'll need to be successful in their careers. This approach closely aligns with the industry impact areas recognized by TIME and Statista, including learner-centered teaching, educational content, learning analytics, assessment, tutoring and testing and STEM education. Today, Top Hat is building on that legacy with Top Hat Ace, an AI-powered teaching assistant that saves educators time while reducing barriers to learning. Ace Content Enhancer instantly transforms static course materials into interactive, accessible learning experiences. Ace's chat-based study assistant and on-demand practice sessions give students course-specific support whenever they need it - all within the context of the materials their instructor has assigned. "The most powerful use of AI in education isn't generating answers. It's helping educators create learning experiences that are more personalized and more engaging for every student," said Hong Bui, Chief Product Officer at Top Hat. "With Top Hat Ace, educators spend less time creating and updating course materials and more time teaching. At the same time, every learner receives personalized support that encourages deeper thinking, consistent practice and lasting understanding." About Top Hat 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 750 leading North American colleges and universities use Top Hat to create meaningful, engaging and accessible learning experiences for students before, during, and after class. To learn more, please visit tophat.com.

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.

Recently Posted Jobs

Sign up to get curated job recommendations

Top Hat is Hiring for 7 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 →