Hopin is a platform that enables businesses to organize, host, and manage virtual and hybrid events at scale. The company supports conferences, summits, workshops, webinars, expos, and networking events through an interactive virtual venue experience.
Its platform includes ticketing, attendee engagement tools, one-to-one meetings, virtual booths, analytics, and hybrid event support.
What Is Hopin and What Does It Do?
Hopin, founded in 2019, is a London-based (United Kingdom) events technology company.
The company provides software that allows organizations to host large-scale virtual and hybrid events with features such as live stages, networking areas, expo booths, and attendee analytics.
Hopin employs between 501-1,000 people as of July 2024 and has served enterprise customers including Adobe, GitLab, Dell, Twitch, Slack, and The Atlantic.
How Much Funding Has Hopin Raised?
1. Seed Round
- Amount Raised: $6.5M
- Lead Investors: Seedcamp
- Motivation: To build the initial virtual events platform.
2. Series A
- Amount Raised: $40M
- Lead Investors: Accel
- Motivation: To scale the product and expand early customer adoption.
3. Series B
- Amount Raised: $125M
- Lead Investors: IVP
- Motivation: To accelerate growth and expand globally.
4. Series C
- Amount Raised: $450M
- Lead Investors: IVP, Tiger Global
- Motivation: To support acquisitions and rapid platform expansion.
5. Series D
- Amount Raised: $530M
- Lead Investors: IVP, Tiger Global
- Motivation: To strengthen market leadership and expand product offerings.
6. Series E
- Amount Raised: $1.02B
- Lead Investors: IVP, Coatue, DFJ Growth
- Motivation: To fund strategic acquisitions and long-term growth initiatives.
Total Funding Raised: $2.06 Billion
Current Valuation: $7.7 Billion (as of Aug 2021)
Latest Funding Date: October, 2022
Key Investors
1. IVP
- Details: A global venture capital firm focused on high-growth technology companies.
- Investment Focus Areas: Enterprise software, internet, cloud platforms.
- Notable Investments: Hopin, Twitter, Dropbox, Slack.
2. DFJ Growth
- Details: A growth-stage venture firm investing in market-leading technology companies.
- Investment Focus Areas: SaaS, AI, enterprise technology.
- Notable Investments: Hopin, SpaceX, Stripe, Unity.
3. Accel
- Details: A global venture capital firm backing early and growth-stage startups.
- Investment Focus Areas: Software, internet, consumer technology.
- Notable Investments: Hopin, Facebook, Atlassian, Dropbox.
4. Tiger Global Management
- Details: An investment firm focused on private and public technology companies worldwide.
- Investment Focus Areas: Internet, software, fintech, consumer platforms.
- Notable Investments: Hopin, Stripe, Coinbase, DoorDash.
Where Is Hopin’s Headquarters?
Hopin is headquartered in London, United Kingdom, operating as a globally distributed company with a remote-first workforce.
What’s Next for Hopin?
Following its acquisition, Hopin has shifted focus toward streamlining its product portfolio and integrating its technology into broader event and communications ecosystems. The company’s long-term outlook centers on sustainable growth, profitability, and serving enterprise customers with scalable hybrid event solutions.
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