Leaders Fund helps Top Hat increase Series C to $40 mln

Toronto education technology company Top Hat has increased its previously announced Series C financing to about $40 million (US$30 million). The top up was the result of a US$7.5 million investment by Canadian venture capital firm Leaders Fund, which launched an enterprise-software fund last year. Founded in 2009, Top Hat is the developer of a cloud-based student engagement and interactive teaching platform. Along with the investment, it announced the release of Top Hat Marketplace, a resource of affordable and customizable educational content. Union Square Ventures led Top Hat's Series C round.

15 June 2017•4 mins read
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