Hopper

Hopper

Travel booking platform with price prediction

About

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 and advises 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. The company earns revenue through commission fees on bookings and a subscription service that offers additional features. Unlike many competitors, Hopper focuses on providing personalized price predictions and cost-saving advice tailored to individual travelers. The goal of Hopper is to make travel more affordable and accessible for everyone.

Company Stage

Late Stage VC

Employees

1,001-5,000

Industries

Data & Analytics, Consumer Software, Fintech

Total Funding

$711.1M

Headquarters

Montreal, Canada

Founded

2007


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Simplify's Take

What believers are saying

  • Partnership with Lotte Card expands Hopper's reach in the Asian market.
  • Collaboration with Flair Airlines enhances customer satisfaction with Disruption Guarantee.
  • Global distribution partnership with Hotelbeds increases Hopper's hotel inventory.

What critics are saying

  • Uber's new travel features could reduce Hopper's market share.
  • Layoffs may indicate financial instability or operational challenges.
  • Airline industry volatility could impact partnerships with AirAsia and Flair Airlines.

What makes Hopper unique

  • Hopper uses predictive analytics to offer cost-saving travel recommendations.
  • The app analyzes billions of prices daily for optimal booking times.
  • Hopper combines travel and fintech services for a unique market position.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

-3%

2 year growth

-6%

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

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