FinTechFunding

Hopin: Raises $125M for its online events platform on the back of surging growth

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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