What is Hopper?
Headquartered in Quebec, Canada, Hopper operates a sophisticated travel search engine that utilizes advanced natural language processing to parse complex user queries. By transforming how travelers discover and book flights and hotels, the company has carved out a distinct niche in the travel technology sector. Its platform provides actionable insights and dynamic pricing options, effectively bridging the gap between search intent and transaction completion. As a data-driven enterprise, Hopper continues to refine its algorithmic capabilities to offer personalized travel solutions, positioning itself as a critical infrastructure provider in the global tourism ecosystem.
How much funding has Hopper raised?
Hopper has raised a total of $731.5M across 11 funding rounds:
Series A
$8M
Series B
$12M
Private Equity
$3.6M
Series C
$60.2M
Series D
$100M
Series E
$70M
Series F
$170M
Series G
$175M
Private Equity
$35M
Other Financing Round
$96M
Series A (2011): $8M led by Brightspark Ventures and Atlas Ventures
Series B (2012): $12M supported by OMERS Ventures, Brightspark Ventures, and Atlas Venture
Private Equity (2016): $3.6M, investors not publicly disclosed
Series C (2016): $60.2M backed by OMERS Ventures, Brightspark Ventures, Investissement Québec, Accomplice VC, Caisse de depot et placement du Quebec (CDPQ), and BDC Capital IT Venture Fund
Series D (2018): $100M with participation from Accomplice VC, Investissement Québec, Brightspark Ventures, OMERS Ventures, Citi Ventures, Caisse de dépôt et placement du Québec, and BDC Capital IT Venture Fund
Series E (2020): $70M led by Inovia, Westcap, Investissement Quebec, Business Development Bank of Canada, and Caisse de dépôt et placement du Québec
Series F (2021): $170M supported by Capital One Financial
Series G (2021): $175M featuring Goldman Sachs, GPI Capital, Glade Brook Capital, Accomplice, and Westcap
Private Equity (2022): $35M backed by Drive Capital, Brookfield, and Stack Capital
Other Financing Round (2022): $96M with participation from Capital One
Key Investors in Hopper
Brightspark Ventures
A prominent Canadian venture capital firm that has supported Hopper since its inception, providing essential growth capital and strategic expertise to disruptive technology companies.
Goldman Sachs
A leading global investment banking firm that provides comprehensive financial services and strategic advisory, playing a pivotal role in large-scale capital market transactions.
OMERS Ventures
An influential investment group associated with pension management, focusing on backing high-growth technology ventures with long-term capital support.
What's next for Hopper?
Looking ahead, the strategic deployment of $96M is expected to accelerate Hopper's product diversification and international market penetration. Having moved beyond its initial growth phase, the company is now focused on deepening its fintech integrations and enhancing its predictive booking engine. By maintaining a disciplined approach to capital allocation, Hopper is well-positioned to navigate macroeconomic headwinds while continuing to capture market share from traditional travel aggregators. The firm's ability to secure diverse funding sources—ranging from venture capital to private equity and corporate strategic partners—provides the necessary runway to sustain long-term innovation and operational excellence in an increasingly digital-first travel economy.
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