# Hopin

> Hopin became the pandemic-era virtual-events unicorn before demand collapsed and the assets were sold to RingCentral.

## Why it 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.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** enterprise-saas, consumer
- **Coverage:** full
- **Last updated:** 2026-07-24

## 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

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/general-catalyst
- https://venturecapitaltracker.com/fund/tiger-global-management
- https://venturecapitaltracker.com/fund/coatue

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/hopin