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
Market / IPO context
Editorial / static context — not a live quote.
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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