Virtual events startup Hopin raises $40 million as demand explodes - Business Insider

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Fast-growing virtual events startup Hopin raises another $40 million as COVID-19 threatens to kill the conference

for the rapidly growing startup, which now has 16,000 organizations using its platform. The company's valuation is believed to be around $350 million following the round, which also included existing investors Accel, Northzone, and Seedcamp. Hopin, headquartered in London, allows users to host events and conferences online. The company's business has boomed during the pandemic since most large global events and conferences have moved online.

"I think we are probably the fastest-growing company in the world," Hopin CEO and founder Johnny Boufarhat told Business Insider in an interview. "We want to build one of the world's most iconic companies and this is the future to be the world's biggest online events company."

 

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