Hopper is an AI-powered travel booking platform that helps users predict the best time to book flights, hotels, and travel services. By analyzing massive datasets, Hopper enables consumers to save money while reducing uncertainty around travel pricing.
The company has expanded beyond search into fintech-style offerings such as price freezes, flexible booking, and travel insurance, making it a full-stack travel commerce platform.
What Is Hopper and What Does It Do?
Hopper, founded in 2007, is a Montreal-based (Canada) travel technology company that uses artificial intelligence to predict airfare and hotel prices. The platform allows users to track prices, receive alerts, and book travel at optimal times.
Hopper employs 201-500 employees as of July 2025 and serves millions of travelers worldwide through its mobile-first application.
How Much Funding Has Hopper Raised?
1. Series G
- Amount Raised: $96M
- Date: November 2022
- Lead Investors: Capital One
- Motivation: To expand fintech travel products and strengthen balance-sheet-backed offerings.
2. Series G
- Amount Raised: $175M
- Date: August 2021
- Lead Investors: GPI Capital, Glade Brook Capital
- Motivation: To scale global operations and accelerate product diversification.
3. Series F
- Amount Raised: $170M
- Date: March 2021
- Lead Investors: Capital One Ventures, Goldman Sachs
- Motivation: To invest in AI models, mobile growth, and new booking verticals.
Total Funding Raised: $740 Million
Current Valuation: $5 Billion (as of Nov 2022)
Latest Funding Date: November, 2022
Key Investors
1. Capital One
- Details: U.S.-based financial services company investing strategically in fintech and data-driven platforms.
- Investment Focus Areas: Fintech, consumer platforms, data analytics.
- Notable Investments: Hopper, Snowflake, Plaid.
2. OMERS
- Details: One of Canada’s largest pension funds with a strong focus on long-term growth assets.
- Investment Focus Areas: Technology, infrastructure, private equity.
- Notable Investments: Hopper, Shopify, Square.
3. Glade Brook Capital
- Details: Growth equity firm investing in category-defining consumer and enterprise technology companies.
- Investment Focus Areas: Internet platforms, fintech, marketplaces.
- Notable Investments: Hopper, Airbnb, Uber.
4. Goldman Sachs
- Details: Global investment bank providing capital across growth-stage technology companies.
- Investment Focus Areas: Financial services, technology, data platforms.
- Notable Investments: Hopper, Stripe, Spotify.
Where Is Hopper’s Headquarters?
Hopper is headquartered in Montreal, Canada, where it houses its core data science, AI research, and product development teams.
What’s Next for Hopper?
Hopper is focused on expanding its fintech-powered travel products, including flexible booking, insurance, and price guarantees. As travel demand rebounds globally, Hopper’s AI-driven pricing engine and balance-sheet-backed services position it to capture higher-margin revenue streams while reshaping how consumers book and manage travel expenses.
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