A cross-border Technology team has advised Hopin, a leading virtual events provider, on its $400 million Series C funding co-led by new investors Andreessen Horowitz and General Catalyst, and existing investor IVP, with participation from returning investors Coatue, DFJ Growth, Northzone, Salesforce Ventures and Tiger Global.
Ben Taylor, Hopin’s senior counsel, said “Goodwin’s depth of experience and coordinated international approach made them the right partner for us — we were delighted with the efficiency and effectiveness of their counsel.”
Hopin will use this capital to accelerate growth, including scaling its operations, team and platform to meet the demands of its expanding customer base and support its multi-product business. Hopin’s technology is already being used to power the digital component of hybrid experiences in events across Europe, and as announced last week, will soon power new hybrid meeting solutions across the Marriott portfolio of hotels in the United States and Canada.
Hopin has scaled from six to more than 400 employees since the beginning of 2020 and grown from a few hundred event creators to more than 85,000 organizations with millions of attendees showing up each month. Hopin will continue investing in the development of its platform technologies in areas such as video and mobile, which are crucial to defining the future of hybrid events and making them a seamless experience.
Founded in 2019, Hopin enables brands and communities to create all-in-one live video experiences for their audiences. Through its platforms, attendees can learn, interact, and connect with people from anywhere in the world. With Hopin, you can create live virtual and hybrid events that are interactive and immersive. Hopin is a remote-first company headquartered in London, with employees in 42 countries.
The Goodwin team was led by Craig Schmitz, David Mardle and Adam Thatcher.
Rainey commented, “Hopin is one of the fastest growing SaaS companies globally, and to witness first-hand their incredible pace of development and growth is a privilege, and an exciting reminder of the strength of the UK and European tech sector.”
For additional details on the funding round, please read the press release.