# Hopin: Events and Session assets acquired by RingCentral Hopin Ltd (UK group origin); Hopin, Inc. (asset seller) · United Kingdom · Events software Evidence reviewed Oct 26, 2026. Historical event record. RingCentral acquired selected Hopin assets in July 2023, including the Events and Session products. Its subsequent SEC filing recorded $22.2 million of acquisition-date consideration. ## Historical private valuation $7.75bn · Aug 2021 Goodwin, which advised Hopin on its completed $450 million Series D, reported a $7.75 billion valuation in August 2021. [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) ## Documented event Events and Session assets acquired by RingCentral · Jul 31, 2023 $22.2m. RingCentral reported $14.7 million cash plus $7.5 million acquisition-date fair value of contingent consideration. The contingent component had a $35 million maximum tied to future performance; $22.2 million is not an all-cash price or whole-company valuation. [RingCentral / SEC](https://www.sec.gov/Archives/edgar/data/1384905/000138490523000053/rng-20230930.htm), [RingCentral](https://ir.ringcentral.com/news/press-release-details/2023/RingCentral-Expands-Video-Offerings-With-Acquisition-of-Events-and-Session-Product-Lines-From-Hopin/default.aspx) ## What changed The transaction covered selected product lines, technology, relationships and staff. It did not price the entire Hopin group. Comparing this asset purchase price with the group’s earlier financing valuation would therefore overstate what the transaction establishes about total investor proceeds. ## Timeline ### Aug 2021 — Series D completed Hopin’s transaction counsel identified Arena Holdings and Altimeter Capital as the new round’s co-leads. [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) ### Jul 31, 2023 — Selected assets transferred RingCentral’s financial statements record completion on July 31, 2023 and acquisition-date consideration of $22.2 million. [RingCentral / SEC](https://www.sec.gov/Archives/edgar/data/1384905/000138490523000053/rng-20230930.htm) ### Aug 2, 2023 — Product scope announced RingCentral publicly identified the Events and Session product lines, related technology, customer relationships and staff as the acquired assets. [RingCentral](https://ir.ringcentral.com/news/press-release-details/2023/RingCentral-Expands-Video-Offerings-With-Acquisition-of-Events-and-Session-Product-Lines-From-Hopin/default.aspx) ## Disclosed investors Historical funding participation; not current ownership or investor losses. - Arena Holdings — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Altimeter Capital — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Adams Street Partners — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Untitled Investments — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - XN — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Andreessen Horowitz — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - General Catalyst — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - GIC — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - IVP — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Northzone — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Salesforce Ventures — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Slack Fund — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Temasek — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - Tiger Global — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) - DFJ Growth — [Goodwin (Hopin transaction counsel)](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) ## Sources - [Hopin Completes $450 Million Series D](https://www.goodwinlaw.com/en/news-and-events/news/2021/08/08_09-hopin-completes-%24450-million-series-d) — Goodwin (Hopin transaction counsel); published Aug 9, 2021; accessed Oct 26, 2026; primary source. - [RingCentral Form 10-Q, Note 7: Business Combinations](https://www.sec.gov/Archives/edgar/data/1384905/000138490523000053/rng-20230930.htm) — RingCentral / SEC; published Nov 8, 2023; accessed Oct 26, 2026; primary source. - [RingCentral Expands Video Offerings With Acquisition of Events and Session Product Lines From Hopin](https://ir.ringcentral.com/news/press-release-details/2023/RingCentral-Expands-Video-Offerings-With-Acquisition-of-Events-and-Session-Product-Lines-From-Hopin/default.aspx) — RingCentral; published Aug 2, 2023; accessed Oct 26, 2026; primary source. - [HOPIN LTD, company number 12035150](https://find-and-update.company-information.service.gov.uk/company/12035150) — Companies House; publication date not stated; accessed Oct 26, 2026; primary source. 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