The earliest account of electroluminescence, the process of converting electrical energy into light, using organic materials can be traced back to 1963 when Pope et al. applied a direct current to an anthracene single crystal under a bias of 400 V using silver-paste electrodes. [3] Although anthracene fluorescence was observed, a driving voltage of 400 V is evidently not viable in practical applications. The seminal breakthrough in the development of OLEDs appeared in 1987 when Tang and Van Slyke reported a double-layered device using tris(8-hydroxyquinoline)aluminum (Alq 3 ) as the emitting and electron-transporting layer. [1] The green-emitting device showed an external quantum efficiency (EQE) of about 1% when driven at less than 10 V. This marked the dawn of OLED development and tremendous interest and effort from both academia and industry have followed subsequent to this pioneering work, resulting in the ultimate wide-scale commercialization of OLEDs, particularly for display applications.In order to make OLEDs commercially viable for lighting applications, where the cost per unit must be competitive with presently used technology, there are a number of challenges that must be overcome aside from reducing the production cost. The organic emitters should have high photoluminescence quantum yields (PLQYs), which directly impact the device efficiency. The energy levels of the frontier molecular orbitals (i.e., highest occupied and lowest unoccupied molecular oribitals (HOMOs and LUMOs)) of each of the layers in the device should be optimally relatively aligned in order to: i) minimize the barrier to charge injection, and ii) control the recombination region within the device, which greatly affects both the device efficiency and lifetime. [4] The organic materials must demonstrate sufficient thermal stability to be compatible with their vacuum deposition during device fabrication or produce thin films of suitable morphology when spin-coated during solution processing. Regardless of the fabrication method, the organic material must be morphologically stable during device operation when Joule heat is produced in the device. [5] Aside from the aforementioned challenges, another key issue to address is the management of hole and electron recombination within the device, each possessing their own spin. Unlike photoexcitation, in which mainly singlet excited states are produced in the organic emitters, exciton formation through charge (hole and electron) recombination in OLED devices results in 25% singlets and 75% triplets, according to The design of thermally activated delayed fluorescence (TADF) materials both as emitters and as hosts is an exploding area of research. The replacement of phosphorescent metal complexes with inexpensive organic compounds in electroluminescent (EL) devices that demonstrate comparable performance metrics is paradigm shifting, as these new materials offer the possibility of developing low-cost lighting and displays. Here, a comprehensive review of TADF materials is presented, with a...