Live events platform Hopin raises £5m in seed investment

David Prior's picture

Live events platform Hopin has raised £5million in seed investment in a round led by venture capital firm Accel.

The London-based startup says it will use the funds to build out its platform and expand its team.

Founded in 2019, Hopin lets organisers quickly create, host and manage live events for up to 100,000 attendees.

It's built for companies and global communities that host events, and is looking to open up the online market for larger events. Traditional web-conferencing and event management tools usually cap attendees at 1,000.

The idea was born out of founder Johnny Boufarhat’s frustration at not being able to find the right tools to collaborate and network with larger groups remotely.

This round was led by Accel, with additional participation from Northzone, Seedcamp, Web Summit’s Amaranthine Fund and Slack Fund.

A number of high-profile angel investors also participated, including Ilkka Paananen (Supercell), Daniel Dines (UiPath), Des Traynor (Intercom), Carlos Gonzalez-Cadenas (GoCardless) and Andrei Khusid (Miro).

Luciana Lixandru, who led the investment for Accel and will be joining the board, said: “At Accel we love investing in tools that bring people closer together. Hopin is the only platform that can truly replicate an offline event online, no matter the size.

"It is the answer for the enterprise with a distributed workforce that needs to plan an internal offsite, as well as the event organiser that needs to coordinate a conference with stages, workshops and networking."