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 to advise users on the best times to book their travel, potentially saving them up to 40%. Users can access Hopper's services through a mobile app and website, where they can make bookings and utilize additional features through a subscription service. 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.

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 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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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-3%

2 year growth

0%

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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