5 years ago
Hopin Raises $125 Million at $2.1 Billion Valuation
Hopin, an online event platform, has raised $125 million in a Series B round at a valuation of over $2.1 billion
The company was founded in 2020 and has grown rapidly, fueled by the pandemic
It claims 3.5 million users and has worked with 50,000 organizations
Hopin's growth has been attributed to its remote-first workplace and its ability to create a sense of community and connection among attendees.
ProblemTechnology
"Organizing large scale events is expensive, time consuming, and difficult to manage. Many organizations struggle to connect with their target audiences and achieve the desired outcomes from their events. "
Solution
"Hopin provides a virtual event platform that allows organizations to host online events, such as conferences, trade shows, and webinars, with features like live streaming, breakout rooms, networking tools, and interactive polls. Hopin aims to provide a more engaging and interactive experience for attendees, while simplifying the logistics and management of online events for organizers."
