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London-based online venue startup Hopin raises €6M to build out its platform

Editorial team by Editorial team
February 20, 2020
in (Crowd)funding, Events, Lifestyle, News, Startups
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London-based online venue startup Hopin raises €6M to build out its platform
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Based out of London, Hopin is the first all-in-one live events platform where attendees can learn, interact, and connect with people from anywhere in the world. Founded in 2019, Hopin allows users to create, host, and manage online events for up to 100,000 attendees in just minutes.

Raised €6 million in seed investment!

Recently, the company has raised £5 million (approx €6 million) in seed investment led by global venture capital firm Accel, with participation from Northzone, Seedcamp, Web Summit’s Amaranthine Fund, and Slack Fund. 

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Additionally, a number of high-profile angel investors participated, including Supercell founder Ilkka Paananen, UiPath founder Daniel Dines, Intercom founder Des Traynor, GoCardless COO Carlos Gonzalez-Cadenas and Miro founder Andrei Khusid.

Takes only few minutes to setup an event!

For the uninitiated, the Hopin’s Event Builder takes only a few minutes to set up an event, such as a meetup, intra-company all-hands meetings, hackathon, or conference. Each event can be built as either online-only or layered on top of an existing offline event.

Built for companies and global communities that host events, Hopin is opening up the online market for more significant events, such as conferences, fairs, and expos, as traditional web-conferencing and event management tools aren’t built to cater to larger groups, and usually cap attendees at 1,000.

No right tools to collaborate and network with larger groups

The idea was born out of Founder and CEO Johnny Boufarhat’s frustrations of not finding the right tools to collaborate and network with larger groups remotely.

Boufarhat said:

Connecting people is at the core of what we do at Hopin. We want to make sure everyone can experience the same great benefits of events — the connection you made bumping into someone in a breakout session, the potential customer you met at your booth, or the awesome tip you got from a panel speaker – without having to physically attend. We are building the future of events and are thrilled to be partnering with ambitious investors like Accel and Northzone.

Hosted over 1000 events!

Since July last year, Hopin has been available by early access and seen incredible demand, with over 1,000 events hosted on the platform and a 10,000-strong waitlist of event organisers. With this investment, Hopin will continue to build out its platform, expand its team, and quickly scale.

Luciana Lixandru, who led the investment for Accel and will be joining the board, said:

At Accel, we love investing in tools that bring people closer together. Hopin is the only platform that can truly replicate an offline event online, no matter the size. It is the answer for the enterprise with a distributed workforce that needs to plan an internal offsite, as well as the event organiser that needs to coordinate a conference with stages, workshops, and networking. When we met Johnny and saw his drive and ambition, the incredible product and Hopin’s impressive organic growth, we knew this was a team with whom we wanted to partner.

Main image credits: Hopin

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