Hopin valued at $5.6bn after securing $400m investment

Online events company backed by Web Summit’s Amaranthine Fund more than doubles its valuation in five months

Aaron Rogan

News Correspondent @aarrogan
7th March, 2021
Hopin valued at $5.6bn after securing $400m investment
Johnny Bourfarhat, the founder and chief executive, said the new valuation “brings with it high expectations”

The founder of Hopin, an online events company backed by Web Summit’s Amaranthine Fund, has said it has come a “long, long way from my kitchen table” after securing a $400 million investment that values the company at $5.6 billion.

The British start-up was founded in 2019 and has grown rapidly as events and conferences were forced online due to the Covid-19 pandemic.

Johnny Boufarhat announced last week that it had closed a funding...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

US tax incentive sparked $150bn flight of funds from Irish Microsoft arm

Companies Killian Woods 3 hours ago

Fintech company CurrencyFair plans to treble jobs after merger

Companies Emmet Ryan 1 day ago

EU officials and DPC staff details leaked in Facebook data breach

FBD seeks to deduct value of pandemic state supports from payouts