Hopin raises $40 million led by IVP

Hopin, a virtual events provider, has raised a $40 million Series A led by IVP.
HopinSalesforce Ventures and existing investors Accel, Northzone, Seedcamp and Slack Fund have also participated.

Hopin, since launching in 2019, has scaled to nearly a million users attending events hosted by over 16,000 organizations, dramatically expanding access while reducing costs for organizers and attendees.

The company will use the investment to scale its platform to meet soaring demand and make virtual events the default for any organizer or attendee.

The company is currently producing events for organizations such as the United Nations, The Wall Street Journal, NBC Universal, Adobe, GitLab, Culinary Institute of America, TNW, and hundreds more.

“The global vision for Hopin is to be the best online venue for any event,” said Hopin founder and CEO Johnny Boufarhat.