Hopper
Founded Year
2007Stage
Series H | AliveTotal Raised
$710.2MLast Raised
$96M | 2 yrs agoAbout Hopper
Hopper is a travel platform that focuses on travel booking and fintech services. The company provides a mobile app and B2B solutions that allow users to book hotels, flights, and car rentals, while also offering financial services to manage travel costs and uncertainties. Hopper serves the travel and tourism industry, catering to individual travelers and business partners through its solutions. Hopper was formerly known as Openplaces. It was founded in 2007 and is based in Montreal, Quebec.
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Hopper's Products & Differentiators
Price Freeze
Available on flight and hotel bookings, Price Freeze protects customers from pricing volatility by allowing them to hold a price for an extended period. If the price goes up during the freeze duration, Hopper will cover the difference up to a set amount. If the price goes down during the freeze duration, the customer pays the lower prices. This product allows customers the flexibility to take more time to plan without missing out on a great deal.
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Research containing Hopper
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Hopper in 1 CB Insights research brief, most recently on Mar 18, 2024.
Expert Collections containing Hopper
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Hopper is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,257 items
Travel Technology (Travel Tech)
2,715 items
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Hopper Patents
Hopper has filed 5 patents.
The 3 most popular patent topics include:
- broadcast engineering
- channel access methods
- data management
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/12/2013 | 6/6/2017 | Energy conversion, Renewable energy, Photovoltaics, Electrical generators, Power station technology | Grant |
Application Date | 3/12/2013 |
|---|---|
Grant Date | 6/6/2017 |
Title | |
Related Topics | Energy conversion, Renewable energy, Photovoltaics, Electrical generators, Power station technology |
Status | Grant |
Latest Hopper News
Dec 10, 2024
Hopper’s HTS lands second card partnership in South Korea 10/12/2024 by WiT Travel booking portal to be launched with Woori Card HTS, the B2B division of Hopper, has landed its second partnership in South Korea, signing on card company Woori Card, a subsidiary of Woori Financial Group. The agreement calls on HTS, which now accounts for over 75% of the Hopper business, to develop a travel booking portal for Woori Card cardholders and Woori WON members. Earlier this year, it announced a similar agreement with Lotte Card to develop a travel booking portal for their cardholders, due to be launched in 2025. “Through both these partnerships we are set to reach millions of customers in Korea, offering them a world-class travel booking solution,” said a Hopper spokesperson. Woori WON members, which includes Woori Card cardholders and Woori Bank users, can accumulate the bank’s reward currency, known as Honey Money, by using Woori financial products, participating in events and quizzes, and more. With over 12.5 million users, the WON app is the central location for members to unlock added benefits and spend their rewards. In partnership with HTS, Woori Card plans to create an enhanced app offering, providing a more compelling place for members to earn and burn Honey Money on travel. “Woori Card is proud to partner with HTS to build a cutting-edge, modern solution for travel booking and loyalty,” said a Woori Card spokesperson. “HTS has a proven track record of developing travel marketplaces that address modern customer needs globally, and together, we’re going to create a digital platform that best serves our Woori Card cardholders and WON members.” “Travel is the largest category of discretionary spending — by developing an unbeatable travel rewards program and platform, banks can capture more spend, increase loyalty and drive repeat purchases,” said Dakota Smith, President and Co-Founder of Hopper. “We are thrilled to partner with Woori Card to deliver a booking solution that delights their customers and drives business results.” With its strong outbound market, South Korea has become the market to chase for both local companies and global players. At WiT Seoul, held November 27, the audience learnt that year to date, October, the number of outbound travellers in 2024 stands at 23.5m, just slightly under 2019’s 24.2m.
Hopper Frequently Asked Questions (FAQ)
When was Hopper founded?
Hopper was founded in 2007.
Where is Hopper's headquarters?
Hopper's headquarters is located at 5795 Avenue de Gaspe, Montreal.
What is Hopper's latest funding round?
Hopper's latest funding round is Series H.
How much did Hopper raise?
Hopper raised a total of $710.2M.
Who are the investors of Hopper?
Investors of Hopper include Capital One Ventures, Stack Capital, Drive Capital, Accomplice, WestCap and 15 more.
Who are Hopper's competitors?
Competitors of Hopper include Mondee and 8 more.
What products does Hopper offer?
Hopper's products include Price Freeze and 4 more.
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