- This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital
- The new funds come mere months after Hopin raised a $40 million Series A this summer
- According to Hopin CEO Johnny Boufarhat, the new capital raised at a $2.125 billion valuation, making Hopin a double unicorn
- That the startup also raised more capital is not a surprise, this being the third round in 2020 that Hopin has announced
- Its virtual events technology caught a tailwind when COVID-19 cancelled travel and in-person events all around the world
- Hopin’s revenue and valuation growth put it in the topmost tiers of startup performance