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New Deal


Announced

Completed

Andreessen Horowitz and General Catalyst led a $400m Series C round in Hopin.

Financials

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Transaction Value£286m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

virtual events

United Kingdom

Minority

Domestic

Private Equity

Friendly

Single Bidder

Acquisition

Completed

Venture Capital

Private

Synopsis

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Andreessen Horowitz and General Catalyst led a $400m Series C round in Hopin, a virtual events provider, with participation from Coatue, DFJ Growth, Northzone, Salesforce Ventures and Tiger Global. "We are creating a portfolio of products to build the future of live video collaboration and remote community. As we’ve seen, the importance of providing unparalleled virtual and hybrid event experiences has never been greater and this latest funding is a reflection of how critical it is as brands look for ways to connect with people and avenues of growth. To enable this, we are investing more in video innovation, the core medium of digital collaboration. We’re incredibly appreciative of the confidence from our investors who share Hopin’s vision for a better connected world. This is a testament to the dedication of the Hopin team, which works hard to deliver for our customers," Johnny Boufarhat, Hopin CEO and Founder.

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