Hopper
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Hopper

http://www.hopper.com/
Last activity: 13.04.2024
Categories: ProductLearnCloudITTechnologyFinTechAppGrowthDataTravel
We help customers spend less and travel better. Hopper combines its world-class travel agency offering with proprietary fintech products to save travelers money. We aspire to be the world's best - and most fun - place to book travel. Here are just a few stats that demonstrate the company’s recent growth: - Hopper’s valuation is now $5B. The company’s valuation has more than tripled since early 2020. - The company grew its revenue by more than 300% YoY in 2021. Hopper’s revenue run rate is now 30X higher than its pre-pandemic high point, and Hopper Cloud, Hopper’s new B2B initiative, is already 15% of its revenues and growing. - According to Apptopia, Hopper was the #1 most downloaded OTA in the US in 2021. The app has over 70 million downloads. - Hopper’s recovery is faster than the market, and its share of the air travel market in North America is now 300% higher than before the pandemic, according to MIDT. - The company sells over $2B in travel and travel-related financial services annually - Hopper’s fintech offerings, such as Price Freeze and Rebooking Guarantee, now represent over 70% of its air revenue. - Given the success of its travel fintech, Hopper recently launched a B2B initiative called Hopper Cloud, where any travel provider can unlock a unique revenue stream by seamlessly integrating and offering Hopper’s travel content and fintech products. Hopper Cloud partners include Capital One, Kayak, Marriott, Amadeus, Trip.com, and MakeMyTrip. - The industry opportunity for Hopper Cloud is enormous as projections estimate that if all travel distribution channels offered travel fintech, it could increase the total consumer spend for the sector by $200 billion annually. All this recent growth is just the beginning. There are still so many new opportunities we’re excited to tackle in the next year!
Followers
174.53K
Website visits
2.3M /mo.
Mentions
102
Location: Canada, Montreal (06), Montreal
Employees: 1001-5000
Total raised: $651M
Valuation: $5B
Founded date: 2007

Investors 10

Funding Rounds 7

DateSeriesAmountInvestors
08.11.2022-$96MCapital On...
17.08.2021Series G$175MGPI Capita...
25.03.2021-$170MCapital On...
16.10.2018Series D$100MCITI VENTU...
16.12.2016Series C$82M-
28.03.2016-$16M-
15.08.2012Series B$12M-

Mentions in press and media 102

DateTitleDescriptionSource
13.04.2024INCRMNTAL launches Explorer using causal AIINCRMNTAL, the global leader in incrementality measurement, has unveiled Explorer, a groundbreaking ...martechcub...
11.04.2024Guesty's $130 Million Funding BoostGuesty, the property management platform for short-term rental businesses, has secured a hefty $130 ...parsers.vc...
10.04.2024Guesty Raises $130M in Series F FundingGuesty, a Covina, CA-based provider of a property management software platform for the short-term re...finsmes.co...
06.04.2024Hotel prices soar as tourists flock to see solar eclipseSusan Hochman, who for seven years has been planning to travel to see the solar eclipse on April 8, ...cbsnews.co...
09.04.2023Meet the real-life manager of the luxury hotel in Sicily whe...Lorenzo Maraviglia is the general manager of the San Domenico Palace, Taormina, the Four Seasons Hot...businessin...
14.02.2023Inside Generative AI’s Promise for Travel BookingMicrosoft took over tech headlines last week when it said that its search engine, Bing, is being rel...skift.com/...
23.12.20227 of the Most Interesting Travel Tech Startups Raising Capit...Skift kept an eye through much of 2022 on which travel tech startups raised money, documented in thi...skift.com/...
11.11.2022Car Rental App Kyte Raises $60 MillionThree travel tech startups raised nearly $202 million this week. >>Kyte, an app that offers on...skift.com/...
07.11.2022Hopper closes $96 million USD from Capital One at more than ...-betakit.co...
07.11.2022Travel app Hopper raises $96M from Capital One to double dow...Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hoppe...techcrunch...
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