Hopin

Hopin

Virtual and hybrid event platform provider

About Hopin

Simplify's Rating
Why Hopin is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Education

Entertainment

Company Size

201-500

Company Stage

Acquired

Total Funding

$1.1B

Headquarters

Forest Hill, Maryland

Founded

2019

Overview

Hopin provides a platform for hosting virtual and hybrid events, focusing on improving the experience for attendees and simplifying the process for event organizers. The platform allows users to create events that include features like live streaming, networking opportunities, and interactive sessions. Hopin operates on a subscription model, offering different tiers and additional features for event organizers, which helps generate revenue through these plans and partnerships with sponsors. What sets Hopin apart from its competitors is its comprehensive integration of various technologies that cater to the needs of modern event management, making it easier for businesses, educational institutions, and non-profits to engage their audiences effectively.

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Simplify's Take

What believers are saying

  • Increased demand for hybrid events boosts Hopin's market expansion opportunities.
  • Growing interest in AI-driven personalization tools enhances Hopin's platform engagement.
  • The rise of VR and AR in events offers Hopin innovation opportunities.

What critics are saying

  • Increased competition from Zoom and new entrants threatens Hopin's market share.
  • StreamYard's acquisition by Bending Spoons may reduce Hopin's competitive advantage.
  • Sale of technology assets to RingCentral could hinder Hopin's innovation capabilities.

What makes Hopin unique

  • Hopin offers a comprehensive virtual and hybrid event platform with interactive features.
  • The platform supports live streaming, networking, and interactive sessions for diverse events.
  • Hopin's subscription-based model provides tiered plans and event-specific add-ons for organizers.

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Funding

Total Funding

$1059.1M

Above

Industry Average

Funded Over

6 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Unlimited Vacation and Flexible Schedules

$1000 USD for home-office set up

$1500 USD for learning & development

$100 monthly remote work stipend

Choose your favorite laptop - Mac or Dell

Fully remote, global team

Company News

Business Wire
Apr 10th, 2024
Bending Spoons to Acquire StreamYard, Leader in Live-Streaming and Video-Recording Solutions

Technology company Bending Spoons today confirmed it has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the prod

Tech.eu
Aug 2nd, 2023
Pandemic-era unicorn Hopin sells off tech assets to cloud communications giant RingCentral

The deal will see RingCentral acquire Hopin’s “technology assets, customer relationships, and engineering, product, and go-to-market talent”, but yet not the entire company that is Hopin.

UK Tech News
Aug 5th, 2021
Zoom rival from UK, Hopin grabs $450M Series D at $7.75B valuation, becomes Europe’s fastest-growing startup

Flexible work and events are here to stay, and so is Hopin. The Covid unicorn of the UK, the one that got launched during the pandemic, accelerated its growth during the Covid crisis, Johnny Boufarhat’s mastermind product Hopin, a cut-throat rival to Zoom has now raised $450M in a Series D funding co-led by new investors Arena Holdings and Altimeter Capital.

VentureBeat
Mar 23rd, 2021
Virtual events platform Hopin acquires Streamable and Jamm to advance video ambitions

Hopin is continuing its rapid acquisition spree today with the news that it has bought U.S.-based video platforms Streamable and Jamm.Read More

UK Tech News
Nov 30th, 2020
The latest unicorns of UK: These tech companies joined the coveted club in 2020

As the digitisation of almost all services results in numerous business opportunities, millions of startups mushroom every year. However, only a few of these startups come out with flying colours. Eventually, only some of these attain the status of a ‘unicorn’ with a valuation of over £1 billion. It is estimated that the 33,860 scaleup businesses in the UK contribute £1 trillion to the UK economy on an annual basis, which represents half of the overall SME economy. However, the scaleups are witnessed a shortfall in funding of up to £15 billion this year, due to the COVID-19 crisis that has left an impact on investments.

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