Hopper

Hopper

Travel booking platform with price prediction

About Hopper

Simplify's Rating
Why Hopper is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Consumer Software

Fintech

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$711.1M

Headquarters

Montreal, Canada

Founded

2007

Overview

Hopper helps travelers save money on flights, hotels, and car rentals by using big data and advanced algorithms to predict price changes. The platform analyzes billions of prices daily to advise users on the best times to book, potentially saving them up to 40%. Users can access Hopper's services through a mobile app and website, where they can make travel bookings and subscribe for additional features. Unlike many competitors, Hopper focuses on providing personalized price predictions and cost-saving advice, making it particularly appealing to individual travelers. The company's goal is to make travel more affordable and accessible while fostering a supportive work environment for its employees.

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Simplify's Take

What believers are saying

  • Partnership with Sabre enhances market presence through advanced bidding platform integration.
  • Collaboration with Lotte Card expands influence in the Asian market.
  • Global distribution partnership with Hotelbeds increases hotel inventory and booking potential.

What critics are saying

  • Increased competition from Uber's travel features may impact market share.
  • Recent layoffs suggest potential financial instability or restructuring challenges.
  • Dependence on external technology providers like Sabre may affect product control.

What makes Hopper unique

  • Hopper uses predictive analytics to offer cost-saving travel recommendations.
  • The app analyzes billions of prices daily to predict future travel costs.
  • Hopper's partnerships expand its offerings, like the 'Cancel For Any Reason' add-on.

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Funding

Total Funding

$711.1M

Above

Industry Average

Funded Over

9 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Competitive salary

Stock options

Unlimited PTO

WeWork All Access Pass OR Work-from-home stipend

Open communication with management

Small, dynamic teams = massive impact

Medical, dental, vision, disability & life insurance plans

401k

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

0%
TipRanks
May 21st, 2024
Hopper, Inc. Powers Lotte Card's New Travel Portal

Stack Capital Group Inc. has announced that their portfolio holding, Hopper, Inc., is partnering with the major Korean credit card issuer Lotte Card to develop a travel loyalty portal within the 'Digi-LOCA' app.

Lowyat
Feb 29th, 2024
AirAsia To Soon Offer "Cancel For Any Reason" Add-On

AirAsia MOVE has announced a partnership with Hopper Technology Solutions (HTS) to introduce more flexibility for its travellers.

Hopper
Dec 12th, 2023
Book and Fly Confidently: Flair Airlines and HTS Team Up to Offer Disruption Guarantee

Flair Airlines, Canada's leading ultra-low fare airline, has teamed up with HTS (Hopper Technology Solutions) to offer Disruption Guarantee available for purchase online for all passengers.

Far Out Magazine
Nov 12th, 2023
Dennis Hopper vs. Universal: the fight that brought down an icon

Easy Rider is an iconic piece of American cinema, with Hopper becoming a symbol of the movie's countercultural ethos, aided by his real-life reputation as 'Hollywood's Original Hell-Raiser'.

CTV News
Oct 4th, 2023
Hopper lays off 250 employees, including about 20 in Montreal

Hopper lays off 250 employees, including about 20 in montreal.

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