TOPSQUAD S.R.L.

What TOPSQUAD S.R.L. does

TopSquad (legally Testbusters S.r.l. Società Benefit) is an Italian education company founded in 2018 and headquartered in Milan that prepares high school students (liceali) for Bocconi University admission tests. It operates as a peer-led community of 30+ recently admitted Bocconi students who serve as advisors, supplementing their guidance with structured online courses, a Bocconi-interface test simulator, physical and digital study manuals, online tutoring, and personal coaching. The company self-describes as the largest dedicated community for Bocconi test preparation, with 1500+ community members and over 2000 students prepared cumulatively across its 7+ year operating history.

The product portfolio is organized around three pillars: the TopTest course family (with Lite, Live, Elite with private tutoring, and On-Demand variants for Economics and Law tracks, plus a Magistrale course for master's-degree admissions), the Simulatore Test Bocconi at simulazioni.topsquad.it which replicates the official test interface with updated questions and commented corrections, and printed/digital manuals. Delivery infrastructure combines the topsquad.it e-commerce site, the LearnWorlds (CY) Ltd LMS for course hosting, and free WhatsApp/Discord/Instagram/TikTok channels as community-led acquisition and support layers. AI-assisted features are referenced for monitoring student results, though no proprietary models are disclosed.

TopSquad generates revenue through one-time course purchases, simulator packages, manual sales, professional-services tutoring, and recurring coaching subscriptions, with installment financing via Scalapay, Klarna, PayPal Paga in 3, and Findomestic, plus acceptance of Italian government education vouchers (Carta Cultura, Carta del Merito, Carta del Docente, 18app) for books. The company is geographically focused on Italy (primarily Lombardy), operates as a privately held Società Benefit with €50,000 registered share capital, and addresses a market of 17,000–20,000 annual Bocconi test candidates.

Name

TOPSQUAD S.R.L.

Legal name

Testbusters S.r.l. Società Benefit

Website

https://topsquad.it

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

TopSquad is an Italian peer-led test preparation company, founded in 2018, that helps high school students prepare for Bocconi University admission through courses, a test simulator, manuals, and tutoring delivered by recently admitted Bocconi student advisors.

Ownership category

akta.pro rank

Product category

Test Preparation Services

NAICS

Exam Preparation and Tutoring (611691), Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Standardized Testing Strategy for Admissions (SAT/ACT/AP/IB/TOEFL/IELTS) (EDANAEAK)

akta.pro secondary industry

Test Prep Learning Centers (SAT/ACT, AP/IB, State Exams) (EDANAHAH)

Keywords

• Test preparation services
• University entrance coaching
• Online tutoring services
• Admission test prep
• Education consulting services

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure

Revenue model

1. Test Preparation Courses: TopSquad sells online and in-person courses for Bocconi test preparation, structured in tiers (Lite, Full/Live, Elite with private tutoring). Courses include live and on-demand lessons, practice sessions, and refinement modules. Delivery is via LearnWorlds LMS or in-person in Milan.
2. Educational Manuals and Books: Sale of physical and digital textbooks and manuals covering all Bocconi test topics with theory, commented exercises, and full simulations. These are sold individually or bundled with courses and can be purchased using government education vouchers (Carta Cultura, Carta del Merito, Carta del Docente, 18app).
3. Test Simulations: Sale of Bocconi test simulation packages, each executable once, with corrections and commented solutions. Simulations are offered both as standalone products and as inclusions in course packages.
4. Online Tutoring: One-on-one or pair tutoring sessions with assigned tutors. The tutor contacts the student within 5 working days of payment. Tutoring sessions are scheduled jointly and delivered via streaming platform. A 'satisfied or refunded' guarantee applies within the first 4 hours of instruction.
5. Personal Coaching: Personalized study plan design and monitoring service delivered by a coach. Includes 3 one-hour meetings in the first month plus up to 2 hourly meetings per month thereafter, plus messaging-based support. Available as a subscription. Coaching guides and monitors student study progress but does not provide private lessons.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

TopSquad prepares Italian high school students (liceali) for Bocconi University's competitive admission tests (Test Bocconi Economia, Test Bocconi Law/Giurisprudenza, Global Law, and Master's level) through online and in-person courses, a proprietary test simulator, printed and digital manuals, one-on-one tutoring, and a recurring Personal Coach service. The company also operates a free peer-support community via WhatsApp groups and Discord managed by 30+ recent Bocconi-student advisors.

Product overview

TopSquad is a test preparation platform for Bocconi University admission, operating as a network of recently admitted Bocconi students who help high school students prepare for admission tests. The product portfolio consists of three core offerings: (1) TopTest/Toptest Law online courses (available in Lite, Live, Elite, and On-Demand variants) providing structured preparation with theory, practice, and simulations; (2) the Simulatore Test Bocconi simulator replicating the official test interface; and (3) physical/digital manuals for self-study. Additional services include Tutoring Online for one-on-one support, Personal Coach for study program definition, and free WhatsApp peer support groups. Courses are delivered via the LearnWorlds platform with payment integrations including Klarna, Scalapay, PayPal, Findomestic, and Italian government vouchers (Carta Cultura, Carta del Docente, 18app).

Differentiator

Problem solved

Functional benefit

Products and services

• TopTest Platform

Quantifiable outcome

• 7+ years of experience with hundreds of students admitted to Bocconi annually
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• LearnWorlds (CY) LtdcoreTechnology or IntegrationLearnWorlds is the learning management system (LMS) used by TopSquad to deliver all online courses. Upon purchase of an online course, students are automatically enrolled on the LearnWorlds platform. The platform supports access via Windows/Mac browsers and mobile apps (iOS/Android). TopSquad provides the educational content while LearnWorlds provides the technical delivery infrastructure. TopSquad explicitly disclaims responsibility for any service disruptions on the LearnWorlds platform.
• Italian Government Education Voucher ProgramssupportingOthersTopSquad accepts Italian government education vouchers — Carta Cultura, Carta del Merito, Carta del Docente, and 18app — for the purchase of physical and digital books and educational materials. These programs allow eligible students (18-year-old Italian citizens via 18app, and voucher holders via Carta Cultura) to purchase editorial products at no personal cost.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• PrepAdviser: PrepAdviser is an emerging Italian admissions consulting platform with content and orientation services targeting Italian and international university applicants. It overlaps with TopSquad on the admissions-support function and could emerge as a competing peer-led/community-based alternative.
• Studenti.it: Studenti.it is a leading Italian student-oriented portal offering test prep guides, university orientation content, and admissions resources. It is comparable to TopSquad's free content/SEO marketing engine and competes for organic search-driven prospective Bocconi students.

Direct peers

• Zanichelli: Zanichelli is a major Italian educational publisher that produces test preparation books and materials for Italian university admissions, including Bocconi. It is a comparable content-led competitor to TopSquad on the publishing/manual side of the test-prep category.
• Campus Test (Alphaform): Campus Test provides preparation courses and materials for Italian university admissions including Bocconi, with a network of in-person locations across Italy. It overlaps with TopSquad on course-based test preparation and represents a multi-city physical delivery alternative.
• Alpha Test: Alpha Test is Italy's largest dedicated test preparation company, offering books, courses, and simulations for Bocconi and other Italian university admission tests. It is the most direct competitor for TopSquad's core Bocconi test prep market and operates with a similar product mix (manuals, courses, simulators) at broader scale across multiple university targets.
• Hoepli Education: Hoepli is a leading Italian educational publisher with a dedicated test-preparation catalog (Hoepli Test) covering Bocconi and other Italian university admission tests. It competes directly with TopSquad on the manuals/book side and also publishes updated practice materials targeting Bocconi aspirants.
• Mago (Testbusters/Mago test prep): Mago is an Italian publisher offering test preparation manuals and online resources for Italian university admissions including Bocconi. It is comparable on product (manuals and online content) and customer (liceali) to TopSquad's publishing arm.

Broad incumbents

• Kaplan Test Prep: Kaplan is a global test preparation incumbent offering prep courses, tutoring, and admissions services across many standardized exams. While it does not specialize in the Bocconi test specifically, it represents the broad incumbent archetype for standardized test preparation that could enter the Italian niche at scale.
• The Princeton Review: The Princeton Review is an established US/global test prep provider with prep courses, tutoring, and admissions counseling. It is comparable to TopSquad on business model (test prep + admissions support) and represents the broad incumbent archetype for a category leader expanding into international markets.

Others

• Coursera / edX (university test prep content): While not a direct competitor, global MOOC platforms offer foundational mathematics, critical thinking, and verbal reasoning courses that could substitute for portions of TopSquad's curriculum at lower cost. They represent a thematic adjacent in the broader test prep and admissions-prep category.

Market position

Weaknesses1 record

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/marcolecchi
• Facebookfacebook.com/groups/688748148179647
• Instagraminstagram.com/bocconi_topsquad
• TikToktiktok.com/@topsquadd
• LinkedInlinkedin.com/company/topsquad

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TOPSQUAD S.R.L.