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New Deal


Announced

Completed

IVP and Tiger Global led a $125m Series B round in Hopin.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Single Bidder

Cross Border

Venture Capital

United Kingdom

Private

virtual events

Minority

Private Equity

Friendly

Completed

Acquisition

Synopsis

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IVP and Tiger Global led a $125m Series B round in Hopin, a virtual events provider, with participation from Coatue, DFJ Growth, Accel, Northzone, Salesforce Ventures, and Seedcamp. "Hopin is the fastest-growing company we have seen at this stage and has meaningfully exceeded its plan since our last investment in June. We have been fortunate to invest in early hypergrowth companies like Slack, Snap, and Twitter. Hopin is one of those rare companies with a similar growth trajectory — they have built an extremely customer-centric organization, with an ambitious innovative roadmap that they have the ability to scale quickly — a sure recipe for success," Jules Maltz, IVP General Partner.

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