When was Hofy founded?

Hofy was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Hofy located?

Hofy is headquartered in London, United Kingdom.

How many employees does Hofy have?

As of Sep 30, 2026, the latest employee count at Hofy is 86.

Is Hofy a funded company?

Hofy is a funded company, having raised a total of $17.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 25, 2020.

When was the latest funding round of Hofy?

Hofy's latest funding was a $***** Series B round on Oct 19, 2021, with participation from 8 investors.

Where does Hofy rank among its competitors?

Hofy ranks 11th amongst 1763 active competitors, of which 21 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was OpenLogic, which secured $23.9M in Feb, 2024.

Who are the top competitors of Hofy?

Hofy's top competitors include iYogi, ACS Services and Brennan IT. Among them, OpenLogic secured the most recent funding round in February, 2024.

Hofy - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Website: hofy.com
Social
Email ID: *****@hofy.co

Key Metrics

Founded Year

2020

Location

London, United Kingdom

Stage

Acquired

Total Funding

$17.6M in 2 rounds

Latest Funding Round

Series B, Oct 19, 2021, $*****

Investors

Day One Ventures & 20 more

Ranked

11^th among 1763 active competitors

Employee Count

86 as on Sep 30, 2026

Similar Companies

iYogi & 1979 more

Exit Details

Acquired by Deel (Jul 18, 2024)

View Hofy's full profile

Hofy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HOFY LTD CIN: 12507645 , United Kingdom, Active	Mar 09, 2020	-	5 (As on Jan 31, 2021)

Hofy got acquired by Deel on Jul 18, 2024.

Click here to take a look at Hofy's acquisition in detail

Hofy has raised a total funding of $17.6M over 2 rounds. Its first funding round was on Aug 25, 2020. Its latest funding round was a Series B round on Oct 19, 2021 for $*****. 8 investors participated in its latest round. Hofy has 11 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Hofy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2021	1914177	Series B	7076327	4729031	8625464	4533873
Aug 25, 2020	2376774	Seed	4711150	5938597	4283492	Greg Marsh & 11 more

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View details of Hofy's funding rounds and investors

Hofy's employee count trend

Hofy has 86 employees as of Sep 26. Here is Hofy's employee count trend over the years:

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Top competitors of Hofy include iYogi, ACS Services and Brennan IT. Here is the list of Top 10 competitors of Hofy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	iYogi 2007, Gurugram (India), Series E	Provider of IT support services	$85.6M	Axon Partners Group, DFJ & 8 others	50/100
2nd	ACS Services 1985, Brockton (United States), Unfunded	Business IT support services provider	-	-	50/100
3rd	Brennan IT 1997, Sydney (Australia), Unfunded	Provider of end-to-end IT system integration and managed services	-	-	50/100
4th	OpenLogic 2002, Broomfield (United States), Acquired	Open source support, services, and solutions for enterprise software stacks	$45M	Pelion Venture Partners, Village Ventures ... & 13 others	46/100
5th	FusionTek 2007, Kirkland (United States), Unfunded	IT support services provider based in Kirkland and Alexandria	-	-	45/100
6th	Radialpoint 1997, Montreal (Canada), Acquired	Sales and technical support services to ISVs and service providers.	$153M	TA Associates, Reuters & 2 others	44/100
7th	IDmelon 2020, Vancouver (Canada), Funding Raised	Provider of IT solution services	-	7 Gate Ventures & 1 others	44/100
8th	Uptime 2009, United Kingdom, Unfunded	Provider of white label helpdesk and outsourced network operations support	-	-	42/100
9th	Halp 2017, Boulder (United States), Acquired	Help desk software empowering growing teams with efficient service management	$3.18M	Matchstick Ventures, Next Frontier Capital ... & 7 others	40/100
10th	Supportwave 2019, Austin (United States), Seed	Provider of IT support services	$2.2M	HTGF, Big Sur Ventures & 1 others	40/100
11th	Hofy 2020, London (United Kingdom), Acquired	Provider of IT support services	$17.6M	Kindred Capital, Stride & 19 others	39/100