What is Hopper?
Headquartered in Quebec, Canada, Hopper has established itself as a dominant force in the travel technology sector. By leveraging sophisticated natural language processing and advanced data analytics, the company provides a comprehensive search engine that transforms how users discover and book flights and hotels. Unlike traditional booking platforms, Hopper utilizes predictive algorithms to offer actionable insights, effectively positioning itself as a critical intermediary in the global travel ecosystem. Its market position is bolstered by a robust infrastructure that supports high-volume, complex travel-search queries, catering to a modern consumer base that demands both efficiency and cost-optimization.
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 Atlas Ventures and Brightspark Ventures
Series B (2012): $12M supported by Brightspark Ventures, Atlas Venture, and OMERS Ventures
Private Equity (2016): $3.6M, investors not publicly disclosed
Series C (2016): $60.2M backed by Caisse de depot et placement du Quebec (CDPQ), BDC Capital IT Venture Fund, Brightspark Ventures, Investissement Québec, Accomplice VC, and OMERS Ventures
Series D (2018): $100M with participation from Citi Ventures, Caisse de dépôt et placement du Québec, OMERS Ventures, Investissement Québec, BDC Capital IT Venture Fund, Brightspark Ventures, and Accomplice VC
Series E (2020): $70M led by Inovia, Investissement Quebec, Westcap, Caisse de dépôt et placement du Québec, and Business Development Bank of Canada
Series F (2021): $170M supported by Capital One Financial
Series G (2021): $175M featuring Westcap, Goldman Sachs, GPI Capital, Accomplice, and Glade Brook Capital Partners
Private Equity (2022): $35M backed by Stack Capital, Brookfield, and Drive Capital
Other Financing Round (2022): $96M with participation from Capital One
Key Investors in Hopper
Westcap
Westcap Mgt. Ltd. is a prominent private equity and venture capital fund manager specializing in partnering with high-growth companies to provide both capital and strategic guidance.
Goldman Sachs
Goldman Sachs is a leading global investment banking and management firm known for its influential role in global capital markets and strategic advisory services.
GPI Capital
GPI Capital is an investment firm specializing in non-control growth and structured equity investments, focusing on technology and consumer markets in North America.
What's next for Hopper?
With the support of its latest strategic financing, Hopper is well-positioned to scale its enterprise-level operations and further refine its predictive modeling capabilities. The company's focus is expected to shift toward deepening its integration within the global travel supply chain and expanding its footprint in international markets. By maintaining a disciplined approach to capital allocation and leveraging its extensive network of institutional partners, Hopper is poised to continue its disruption of the travel industry, potentially exploring new verticals in fintech-integrated travel services and enhanced personalized booking experiences.
See full Hopper company page
