Hopper

Hopper is a mobile travel booking startup and app that lets users book flights, hotels, cars, and short-term home rentals a la Airbnb and VRBO.

Hopper is on a mission to build the most customer-centric travel company on earth.

Hopper was founded in 2007 by Frederic Lalonde and Joost Ouwerkerk. The company is headquartered in Montreal, QC, with offices in New York, Boston and Sofia, Bulgaria.

 

Hopper is leveraging the power that comes from combining massive amounts of data and machine learning to build the world’s fastest-growing mobile first travel marketplace -- one that enables our customers to save money and travel better.

 

Hopper has launched several bespoke fintech products that leverage our immense first and third-party data to create products and value that do not exist elsewhere - including Refundable and Flexible Tickets and Price Freeze.

 

Hopper also launched Hopper Cloud, a B2B offering that provides the benefits of Hopper’s machine-learning power price prediction, as well as its fintech travel insurance and disruption prevention products.

 

Hopper is backed by WestCap, CDPQ, GPI Capital, Glade Brook Capital, Goldman Sachs Growth, Accomplice, Capital One, Drive Capital, Inovia Capital, Brightspark, OMERS, Citi Ventures, and others. The company raised $35M in a secondary share sale on Feb 03, 2022, valuing the company at $5B. Hopper was previously valued at over $3.5B from their Series G raised in Aug 2021. The latest investment brings Hopper's total funding to $633.7M to date.

 

 

  • Year founded: 2007
  • Funding Info: $633.7M over 10 Rounds (Latest Funding Type: Secondary Share Sale)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $5B as of Feb 03, 2022
  • City/Town: Montréal
  • State: Quebec
  • Country: Canada
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