Hopin, a London, UK-based shared experiences platform that enables immersive and interactive connection from anywhere, raised $450M in Series D funding.
The round was co-led by new investors Arena Holdings and Altimeter Capital with participation from new investors Adams Street Partners, Untitled Investments and XN in addition to existing investors Andreessen Horowitz, DFJ Growth, General Catalyst, GIC, IVP, Northzone, Salesforce Ventures, Slack Fund, Temasek and Tiger Global.
The company, which has raised more than $1 billion since February of 2020, intends to use the funds to accelerate growth to further scale the platform and invest in the development of its multi-product platform technologies, including building new product suites.
Founded in 2019 and led by Johnny Boufarhat, CEO, Hopin enables brands and communities to create live experiences. Through its platform, attendees can learn, interact, and connect with people from anywhere in the world. With Hopin, anyone can create live virtual, hybrid and in-person events. The company acquired StreamYard, a video streaming studio, in 2020, and acquired Streamable, jamm as well as Boomset and Attendify in 2021. Since the beginning of 2020, Hopin has scaled from six to more than 800+ employees in 47 countries and grown from a few hundred event creators using its platform to more than 100,000 organizations as well as millions of attendees showing up for events each month.
FinSMEs
05/08/2021