Hopin
Online event platform providing virtual and hybrid event solutions.
Last updated August 31, 2026
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Overview
Hopin is a technology company of British origin that built software for hosting and participating in online events. Founded in 2020 by Johnny Boufarhat, the company emerged during the COVID-19 pandemic, when conferences, trade shows, professional gatherings, and community events rapidly shifted from physical venues to digital platforms. Its principal event product provided tools for organizers to create virtual conferences, manage attendee access, support presentations and networking, and connect participants through online interactions. The platform was designed to reproduce several elements of an in-person event in a browser-based environment. Participants could move between event areas, attend sessions, meet other attendees, exchange virtual business cards, and receive information about their connections after an event. This combination of livestreaming, audience participation, networking, and event administration helped Hopin differentiate itself from narrower video-conferencing services that primarily focused on meetings or webinars. Demand increased sharply as organizations sought alternatives to canceled or postponed physical events. Hopin expanded rapidly and raised more than $1 billion from investors including Accel, IVP, Coatue Management, Northzone, and Salesforce Ventures. Its reported peak valuation reached approximately $7.8 billion in August 2021, making it one of the most highly valued private software companies associated with the pandemic-era digital-events boom. The company operated as a fully remote organization and did not maintain a conventional office address in its earlier period. The market changed significantly in 2022 as vaccination programs expanded, physical events resumed, and customers reassessed spending on online-event infrastructure. Hopin carried out multiple rounds of layoffs as demand for some virtual-event products weakened. The company subsequently reorganized its portfolio around other video products, including StreamYard, a livestreaming and broadcasting service, and Streamable, a video-hosting and sharing platform. In August 2023, Hopin sold the assets of its events business to RingCentral. The transaction included event technology, customers, and engineering and product teams associated with the unit. Around the same period, the company conducted a shareholder buyback reported at more than $500 million, and Johnny Boufarhat stepped down as chief executive. After the events-asset sale, Hopin continued operating its livestreaming and video-hosting products, although its business was substantially smaller and differently focused than during its online-events expansion. Hopin moved its headquarters to the United States and closed its UK corporate entity in February 2024. In April 2024, Bending Spoons acquired Hopin. The acquisition placed the brand and its remaining product operations under the Italian technology company, while the RingCentral transaction remained the key disposition of Hopin's original virtual-events business. Hopin is therefore best understood as a private enterprise-software brand whose history spans rapid pandemic-era expansion, contraction after the return of in-person events, divestiture of its events platform, and ownership by Bending Spoons.
History
Hopin was founded in 2020 by Johnny Boufarhat as a software company serving the emerging market for online events. Its creation coincided with the COVID-19 pandemic, when organizers of conferences, exhibitions, professional meetings, and community gatherings needed digital alternatives to physical venues. Hopin developed a browser-based platform intended to combine live presentations, attendee management, networking, and event discovery in one environment. The product allowed participants to attend online sessions, interact with other attendees, exchange virtual business cards, and receive a summary of their event connections. Its design attempted to reproduce the movement and social interaction of a physical event through multiple digital spaces rather than treating every gathering as a single video call. This helped Hopin attract organizations seeking a more complete virtual-event experience. The company expanded rapidly during the pandemic-era surge in demand for remote collaboration and online programming. It raised more than $1 billion from a group of venture and growth investors, including Accel, IVP, Coatue Management, Northzone, and Salesforce Ventures. Its reported valuation peaked at approximately $7.8 billion in August 2021. Hopin was also notable for operating as a fully remote company without a traditional office address. Conditions became less favorable in 2022. As in-person events returned, customers reduced or reconsidered spending on large-scale virtual-event platforms. Hopin responded with multiple rounds of layoffs and a reassessment of its product portfolio. The company continued to operate video products, including StreamYard for livestreaming and broadcasting and Streamable for video hosting and sharing, while the original event business faced a smaller addressable market than during the height of the pandemic. In August 2023, Hopin sold the assets of its events unit to RingCentral. The transaction included the unit's technology, customers, and engineering and product teams. Johnny Boufarhat stepped down as chief executive, and Hopin completed a shareholder buyback reported at more than $500 million. Following the divestiture, the company continued with StreamYard and Streamable rather than operating primarily as the broad virtual-events platform that had driven its earlier valuation. Hopin moved its headquarters to the United States and closed its UK corporate entity in February 2024. Bending Spoons acquired the company in April 2024. The acquisition marked the latest stage in Hopin's transition from a rapidly expanding pandemic-era events platform to a smaller video-software business under new ownership. The events technology and related teams sold to RingCentral are separate from the remaining Hopin operations acquired by Bending Spoons.
- 2024
United States headquarters and Bending Spoons acquisition
[1]Hopin moved its headquarters to the United States, closed its UK entity, and was acquired by Bending Spoons.
- 2023
Events business assets sold to RingCentral
[1]Hopin sold its events-unit technology, customers, and engineering and product teams to RingCentral.
- 2022
Layoffs and business contraction
[1]The company conducted multiple rounds of layoffs as physical events resumed and online-event demand declined.
- 2021
Pandemic-era expansion and peak valuation
[1]Hopin raised more than $1 billion and reached a reported peak valuation of approximately $7.8 billion as demand for virtual events grew.
- 2020
Hopin is founded
[1]Johnny Boufarhat founded Hopin as a technology company focused on online events and virtual attendee interaction.
Products and positioning
Leading platform for immersive virtual and hybrid events.
Virtual event platform · 2020
Hopin Events
Hopin's original flagship platform was designed for online conferences, meetings, exhibitions, and other organized gatherings. It combined live sessions with event registration, attendee navigation, networking, virtual business-card exchange, and post-event connection summaries. The product gained substantial adoption during the COVID-19 pandemic, when organizations needed to replace or supplement in-person events. Its event-business assets were sold to RingCentral in 2023.
Livestreaming and broadcasting software
StreamYard
StreamYard is a livestreaming and video-broadcasting product associated with Hopin's post-events portfolio. It enables creators, organizations, and businesses to produce and distribute live video content through an online workflow. The product remained part of Hopin's continuing operations after the sale of the events unit and was subsequently included in the business acquired by Bending Spoons.
Video hosting and sharing
Streamable
Streamable is a video-hosting and sharing service operated within Hopin's remaining product portfolio after the events-business divestiture. It provides online storage and distribution for uploaded video content, serving users who need a straightforward way to host and share clips. Its operations continued after the events unit was sold to RingCentral and later came under Bending Spoons ownership.
Brand decisions
2024
Acquisition by Bending SpoonsM&ABackground
After selling its events business and retaining video-related products, Hopin entered a new ownership phase.
Action taken
Bending Spoons acquired Hopin.
Aftermath
Hopin became part of Bending Spoons while continuing its remaining livestreaming and video-hosting operations.
2023
Divestiture of the events businessM&ABackground
The return of physical events reduced demand for some virtual-event services after Hopin's rapid pandemic-era expansion.
Action taken
Hopin sold its events-unit technology, customers, and engineering and product teams to RingCentral.
Aftermath
Hopin shifted its continuing operations toward StreamYard and Streamable, while Johnny Boufarhat stepped down as chief executive.
Reported transaction value. $15–50 million (August 2023)
Recent events
Hopin announces $450 million Series D funding[2]
Reported:
Hopin announced that it had raised $450 million in Series D funding, co-led by new investors Arena Holdings and Altimeter Capital, valuing the company at $7.75 billion.
- Unconfirmed
Hopin acquires Attendify[3]
Reported:
Hopin acquired Ukrainian startup Attendify. Hopin said it purchased Attendify to improve its event marketing tools.
Hopin announces first global brand campaign[4]
Reported:
Hopin announced its first global brand campaign, which was set to debut on July 12 through print, digital and out-of-home advertising in San Francisco, New York and London.
Hopin acquires Attendify[4]
Reported:
Hopin acquired Attendify, an event marketing platform, to enhance its event-marketing offerings for organizers.
Hopin launches free event-management plan[4]
Reported:
Hopin launched a free plan for creating events, with support for gatherings of up to 100 people and events lasting up to two hours.
Hopin and GoFundMe partner on in-event donations[4]
Reported:
Hopin and GoFundMe partnered to enable event organizers to add GoFundMe fundraisers, charities or causes and offer in-event donations.
Hopin completes acquisition of Boomset[5]
Reported:
Hopin announced that it had acquired Boomset, adding Boomset’s onsite event solutions to its platform.
- Unconfirmed
Hopin acquires StreamYard[6]
Reported:
Hopin acquired StreamYard. The companies said users would continue using their services as before while Hopin explored ways to bring the product experiences closer together.
Hopin selected to host TechCrunch Disrupt 2020 virtually[7]
Reported:
TechCrunch selected Hopin as the virtual event platform for its Disrupt conference, scheduled for September 14–18, 2020. The partnership also involved developing and launching new platform features for the conference.
Sources7 sources
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