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Hopper is a technology company.
Hopper has raised $548.6M across 12 funding rounds.
Key people at Hopper.
Hopper has raised $548.6M in total across 12 funding rounds.
Hopper is valued at approximately $50.0M.
Hopper provides consumer travel platforms, primarily through its mobile application, enabling users to book flights, hotels, and car rentals. The company distinguishes itself by leveraging artificial intelligence and big data analytics to predict future price fluctuations, advising users on the optimal time to purchase travel to secure better deals. This predictive capability underpins its core offering, streamlining the travel planning process for its users.
The company was co-founded in April 2007 by Frederic Lalonde and Joost Ouwerkerk. Lalonde, who had prior experience in the travel technology sector with Newtrade Technologies, identified an opportunity to apply data science to the complex and volatile travel pricing landscape. Their initial insight was to transform the opaque nature of travel bookings into a more transparent, data-informed experience for consumers, moving beyond traditional search and aggregation.
Hopper targets individual travelers seeking cost-effective and convenient booking solutions. Its long-term vision centers on developing a comprehensive "travel super app," consolidating various aspects of the travel ecosystem into a single, intuitive platform. By continually enhancing its predictive models and expanding its service offerings, Hopper aims to simplify and personalize the entire travel journey, from initial planning to post-trip services.
Key people at Hopper.
Hopper is a Montreal-based online travel agency and global travel platform that leverages data science to deliver transparency, flexibility, and savings for travelers through its mobile app, website, and B2B division, Hopper Technology Solutions (HTS).[1][2][3] It serves individual consumers seeking deals on flights, hotels, and related services, while HTS powers direct channels for partners like banks, airlines, and travel providers with e-commerce tools, loyalty portals, and fintech ancillaries addressing pricing volatility and trip disruptions; HTS now drives two-thirds of the business, reaching over 175 million travelers worldwide.[1][2] Hopper solves core travel pain points like opaque pricing and disruptions via predictive tech, with strong growth evidenced by a $5 billion valuation, $175 million raised in its largest 2021 round, and 3.1 million aggregated app downloads.[3]
Founded in 2007 in Montreal, Canada, Hopper entered a six-year development phase before its formal 2014 launch, building a data-driven travel platform from the ground up.[3] Co-founder and President Dakota Smith has led its evolution into a dual consumer-B2B powerhouse, with HTS emerging as the dominant revenue driver through partnerships with global banks, airlines, and providers.[1][2] Early traction came from innovative pricing predictions, culminating in repeated industry accolades, including Fast Company's Most Innovative Company #1 in Travel for the sixth time in seven years as of 2024.[1]
Hopper rides the wave of AI-driven personalization and fintech integration in travel, a market projected to grow significantly through 2029 amid rising online bookings.[3] Its timing aligns with post-pandemic demand for flexible, transparent options, bolstered by market forces like direct-channel optimization for airlines and banks facing intermediary fees.[1][2] By enabling partners to supercharge e-commerce and loyalty, Hopper influences the ecosystem, shifting power from traditional OTAs to data-centric platforms and fostering a more traveler-friendly industry.[1][2]
Hopper's B2B pivot via HTS positions it for sustained dominance, with fintech expansions likely to capture more of the expanding online travel market amid EV/Revenue multiples favoring high-growth players.[3] Trends like AI trip protection and embedded travel finance will shape its path, potentially elevating its $5 billion valuation as app downloads and partnerships scale.[1][3] Expect deeper airline-bank integrations and global expansion, reinforcing Hopper as travel's innovation benchmark—delivering savings today while redefining tomorrow's journeys.[1][2]
Hopper has raised $548.6M in total across 12 funding rounds.
Hopper is valued at approximately $50.0M.
Hopper's investors include Matt Knise, Khai Ha, Brightspark Ventures, Atlas Venture, Jeff Fagnan, Alumni Ventures, Craft Ventures, Curious Capital, Framework Venture Partners, Griffin Gaming Partners, Joe Kraus, Kleiner Perkins.
Hopper has raised $548.6M across 12 funding rounds. Most recently, it raised $7.6M Seed in April 2025.
