TORONTO--(BUSINESS WIRE)--Top Hat, provider of the leading cloud-based teaching platform for higher education, today announced that Mike Silagadze, co-founder and CEO, has been named a recipient of Canada’s Top 40 Under 40® for 2018.
Canada’s Top 40 Under 40® is an annual recognition of the exceptional achievements of 40 outstanding Canadians under the age of 40, and is the country’s most coveted award for young business leaders. Selected from more than 800 nominees by an independent advisory board comprising more than 20 business leaders from across Canada, winners were chosen on four key criteria: Vision & Innovation; Leadership; Impact & Influence; and, Social Responsibility.
“It’s an incredible honour and privilege to receive this recognition and stand alongside some of Canada’s most distinguished visionaries and innovators,” said Silagadze. “It speaks to the opportunities and possibilities that are available to Canada’s entrepreneurs looking to make a real impact and effect positive change in the world. Bold ideas and hard work are the foundation of innovation and success, and I encourage the next generation to persist and stay committed.”
Silagadze co-founded Top Hat in 2009 because he saw a broken education system in which students pay exorbitant prices for out-of-date textbooks that don’t enable interactive and immersive learning. He also saw professors using technology that did not reflect how people actually learn outside of the classroom. Since then, Silagadze has led the company’s mission to empower educators with the tools to make higher education more effective, engaging, and affordable, to ultimately improve student success.
Today, more than 2.8 million students at 75 per cent of the top 1,000 colleges and universities in North America have used Top Hat. Most recently, Silagadze led the company through a significant product revamp, announcing the industry’s first-ever free platform to access more than 20,000 pieces of high-quality and customizable digital textbooks and open educational resources on the Top Hat Marketplace.
“Here at Top Hat, our ambitious mission is carried out by more than 300 Top Hatters who are committed to making a big impact in higher education,” said Silagadze. “Our success is driven by this world-class team, and I’m incredibly proud of their drive, creativity, brilliance, and entrepreneurial mindset.”
Under Silagadze’s leadership, Top Hat’s vision has been validated by funding from leading venture capital firms including Union Square Ventures, Emergence Capital, Georgian Partners, Leaders Fund, and iNovia Capital. In 2017, the company was recognized for its fast growth on lists including Deloitte Technology Fast 500, Tyton Growth50, and PROFIT 500.
For more information or to schedule a demo with Top Hat, please visit www.tophat.com.
About Top Hat
Top Hat’s interactive, cloud-based teaching platform enables professors to engage students inside and outside the classroom with compelling content, tools and activities. Millions of students at 750 leading North American colleges and universities use the Top Hat teaching platform. To learn more, visit www.tophat.com.