Announced
Completed
Financials
Sources
Tags
Digital Services
Single Bidder
Cross Border
Venture Capital
United Kingdom
Private
virtual events
Minority
Private Equity
Friendly
Completed
Acquisition
Synopsis
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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