Top Hat secures Series C financing

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By Ted Liu

Top Hat, a provider of full teaching platform for universities that “transforms students into experts and profs into heroes”, has closed a Series C round financing, raising US $22.5 million led by Square Ventures (US $7.5 million) and existing investors.

Top Hat backers include Georgian Partners, Emergence Capital Partners, iNovia Capital, SoftTech VC, Felicis Ventures, Version One Ventures, Golden Venture Partners and private investors.

Series C is priced substantially higher, [mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]446[/mepr-active]% over Series B.

Funded by angel investors, Top Hat has previously raised $8 million in Series A in 2012 and $10 million in Series B in 2014.

Baim Hanif via unsplash
note: updated on February 15, 2107