Startup profile · funding coverage
Hopin funding, valuation and investors
Hopin became the pandemic-era virtual-events unicorn before demand collapsed and the assets were sold to RingCentral.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series C
$400M · March 2021
Latest known valuation
$5.65B
Series C · March 2021
Total disclosed equity funding
$400M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired
Investors in latest funding
Lead: Andreessen Horowitz , General Catalyst
Other: Tiger Global Management , Coatue
Overview
Hopin built virtual and hybrid event software that became a pandemic-era unicorn before demand collapsed. RingCentral acquired Hopin assets in 2023.
Why Hopin is interesting
Johnny Boufarhat rode COVID tailwinds to a $5.65B Series C in 2021 — Tiger Global and Coatue piled in before hybrid events reset the category.
Product & use cases
Hopin built virtual and hybrid event hosting software for conferences, webinars, and community gatherings — a pandemic-era unicorn before demand collapsed.
- Virtual conference hosting during COVID
- Hybrid event streaming and networking
- Webinar and community event platforms
Key facts
- Series C (Mar 2021): $400M co-led by a16z and General Catalyst; Tiger Global and Coatue participated — Businesswire
- Peak valuation: reported $5.65B in 2021 before hybrid-events demand reset
- Exit (2023): Assets acquired by RingCentral
Funding history (newest first)
Series C
2021-03 $400M Valuation: $5.65B- Andreessen Horowitz (lead)
- General Catalyst (lead)
- Tiger Global Management (participant)
- Coatue (participant)
Source: https://www.businesswire.com/news/home/202103/hopin-series-c
Investors in our directory
Funds linked from Hopin's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Rode COVID tailwinds to $5.65B valuation — fastest scaling virtual events platform before category reset.
Pandemic tailwind investing case study — $400M Series C at $5.65B followed by collapse as in-person events returned. RingCentral acquired assets in 2023.
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Zoom Events direct
Incumbent video added events; Hopin was events-native.
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Cvent incumbent
Enterprise event management; less virtual-native.
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RingCentral Events direct
Acquired Hopin assets (2023).
Notable stories
- Johnny Boufarhat founded Hopin in 2019; scaled to unicorn during COVID (Businesswire, 2021).
- RingCentral acquired Hopin assets in 2023 after demand collapse.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Hopin's financing or category context.
FAQs about Hopin
Practical answers founders, operators, and investors typically search for.
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