We Raised $6.5 Million to Launch the Future of Events
Today, we are announcing a $ 6.5 million turnover led by Accel and joining a number of leading venture funds, including Northzone, Seedcamp, the Amaranthine Fund, and the Slack Fund of Web Summit, as well as a number of outstanding angel investors.
We didn't expect a better team of experts to join forces as we bring our live online event technology platform to market.
At Hopin, we build a platform that reproduces the live event experience - network, interaction, content, and connection - but in a more accessible, secure, and sustainable way. By bringing events such as conferences, summits, or workshops to Hopin, either as additional virtual experiences or completely web-based, brands can facilitate their events for a much larger global audience at a fraction of the cost to the planet.
With this aim, we've made the Hopin scale. Currently, our events can accommodate up to 100,000 concurrent attendees, but we are actively working to develop technology to increase this number to one million.
Our early access waiting list has grown considerably and the variety of use cases we saw from brands wishing to use Hopin was varied. From large-scale conferences to meetings, to trade shows and purpose-based organizations, to crypto hackathons and remote companies - verticals that Hopin serves the creative and broad. We see events as cool as yoga sessions, pottery seminars, music festivals, and more.
In this vein, we find that events are almost as unique as humans. They can be a little different. To solve this, we designed Hopin to be a modular virtual space. These can be customized to fit the unique goals of the event organizer.
Hopin feature set is aimed at fixing some of the problems in the multibillion-dollar virtual events industry, namely the lack of quality, face-to-face interactions between participants. Traditional video conferencing programs and "webinar" platforms provide the capital for viewing content with a smaller number of people. But it is difficult to connect meaningfully with other people at virtual events and it becomes more difficult at scale. Our solution to this problem is to offer an all-in-one platform with multiple modes of live video interaction that make big events feel small again, including one-on-one (networking), one-to-many (broadcasting), and many-to. -many (group conference).
Our mission is to create better connections for a better world. My hope is to see more people build better relationships by attending more events they normally wouldn't be able to attend. When we remove barriers to people coming together in authentic ways, we can begin to win the battle against loneliness and isolation.
A year ago it was just me, building a network platform from home. Today, we are a remote team of 15 people and we are growing fast. As expected, we use Hopin himself to collaborate and meet together regularly. With this funding round, we'll be launching Hopin in the next few months, improving our processes and our team (we're hiring), and partnering with individuals and brands around the world to launch some fantastic events.