A session on virtual events platform Hopin.
LONDON — British start-up Hopin has seen rapid growth this year amid demand for virtual events. That’s attracted significant interest from investors.
The London-based firm’s software allows conference hosts to run their gatherings online, aiming to emulate the experience of a physical event with tools for virtual talks and networking.
On Tuesday, Hopin announced that it’s raised $125 million in a round of funding that values the firm at more than $2 billion. That marks a dramatic climb from a previous valuation of $350 million and comes just under two years since the company was founded.
Hopin saw a spike in growth this year as the coronavirus pandemic and resulting restrictions on public life forced the cancellation of several major conferences.
It’s gone from 5,000 registered users to 3.5 million in the last eight months, while the number of organizations hosting events