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§ Private Profile · San Francisco, CA, USA
Travel search engine for flights and accommodations, simplifying booking with user-friendly results and prioritizing pain-free travel planning.
Hipmunk was a San Francisco, CA-based travel search engine that simplified finding and booking flights and accommodations by prioritizing user-friendly results and reducing search agony, rather than solely focusing on the lowest price. It aimed to provide an intuitive alternative to established platforms like Kayak, offering a more streamlined and less painful travel planning experience for consumers. The organization successfully secured over $5 million in venture capital and angel funding, growing its team to 51 employees during its operational period. Notable investors backing Hipmunk included Y Combinator, IVP, Ignition Partners, and SV Angel, recognizing its potential to innovate within the competitive travel sector. Co-founded in 2010 by Adam Goldstein, who led as CEO, and Steve Huffman, also known as a co-founder of Reddit, who served as CTO, Hipmunk sought to redefine online travel search.
Hipmunk has raised $41.0M across 5 funding rounds.
Hipmunk has raised $41.0M in total across 5 funding rounds.
Hipmunk has raised $41.0M across 5 funding rounds. Most recently, it raised $20.0M Series C in May 2014.
Hipmunk was a travel search engine designed to simplify and improve the experience of booking flights, hotels, and accommodations by reducing the complexity and frustration typically involved. It served travelers looking for an easy, visually intuitive way to compare flight options and lodging, using innovative features like the "Agony" sort for flights—which balanced price, duration, and layovers—and the "Ecstasy" sort for hotels. Hipmunk’s product aimed to solve the problem of overwhelming, cluttered travel search results by presenting information in a clear, user-friendly timeline and map-based interface. The company gained rapid recognition and user adoption, earning accolades from TIME Magazine, Travel + Leisure, and others, and was eventually acquired by Concur in 2016 before shutting down in 2020[1][2][4][5].
Hipmunk was founded in 2010 by Adam Goldstein and Steve Huffman. Goldstein, a travel enthusiast and MIT graduate in Electrical and Mechanical Engineering, co-founded Hipmunk shortly after graduation. Huffman, also a co-founder of Reddit, brought significant tech experience. The idea emerged from the founders’ frustration with the tedious and inefficient process of searching for flights and hotels across multiple websites. Early traction came from Hipmunk’s unique approach to sorting and displaying travel options, which quickly earned it a loyal user base and industry recognition. The company was part of Y Combinator’s Summer 2010 batch and attracted funding from prominent investors like IVP, Ignition Partners, and SV Angel[1][2].
Hipmunk rode the wave of increasing online travel bookings and the rise of metasearch engines aggregating data from multiple providers. The timing was crucial as travelers sought more efficient ways to navigate a fragmented market dominated by large OTAs (Online Travel Agencies) like Expedia and Priceline. Hipmunk’s approach influenced the travel tech ecosystem by demonstrating how user experience and smart data presentation could differentiate a travel search product. Its acquisition by Concur, a corporate travel and expense platform, underscored the strategic value of integrating consumer-friendly search tools into broader travel management solutions. However, competitive pressures and challenges in monetization eventually led to its shutdown, highlighting the difficulties in sustaining innovation in a crowded market[1][4][5].
Although Hipmunk ceased operations in 2020, its legacy persists in how travel search interfaces prioritize user experience and data visualization. Founder Adam Goldstein continues to innovate in travel tech, recently launching Flight Penguin, a subscription-based flight booking tool emphasizing comprehensive options without exclusive airline deals. The travel industry will continue evolving with AI-driven personalization and seamless booking experiences, areas where Hipmunk’s early innovations laid groundwork. The broader trend toward simplifying complex travel decisions remains strong, suggesting that future startups can build on Hipmunk’s principles to capture market share in a highly competitive space[3][4].
Hipmunk has raised $41.0M in total across 5 funding rounds.
Hipmunk's investors include Ren Riley, Fin Capital, Helion Venture Partners, Nexus Venture Partners, Nokia Growth Partners, RRE Ventures, StarVest Partners, Uncork Capital, Ignition Partners, IVP, Todd Chaffee, Brad Silverberg.