Hopper - About the company
Hopper is a series G company based in Montreal (Canada), founded in 2007 by Frederic Lalonde and Sebastien Rainville. It operates as an AI-powered travel booking and price prediction. Hopper has raised $740M in funding from investors like OMERS, Capital One and Atlas Venture, with a current valuation of $5B.
Sectors and market segments that Hopper operate in
Hopper serves in the Travel and Hospitality Tech market segments.The primary business model of Hopper is:Company Details
AI-powered travel booking and price prediction. It uses artificial intelligence algorithms to collect, organize, and analyze travel data, generating predictive models that identify the best times to book flights and hotels. Users can search for and book multiple categories of travel services, track fare changes, and receive notifications about price drops.
- Website
- hopper.com
- Social
- Registered Address
- Spring, Texas
Key Metrics
Founded Year
2007
Location
Montreal, Canada
Stage
Series G
Total Funding
$740M in 12 rounds
Latest Funding Round
Post Money Valuation
$5B as on Nov 07, 2022
Ranked
1st among 2 active competitors
Employee Count
1,063 as on May 31, 2026
Legal entities associated with Hopper
Hopper is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Hopper India Private Limited CIN: U79110TG2022FTC165127 , India, Active | Jul 25, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
HOPPER VENTURES, INC. CIN: 760615367 , United States, Active | Dec 31, 1999 | - | 115 (As on Dec 31, 2022) | - |
HOPPER USA, INC. CIN: 990368301 , United States, Active | Dec 31, 1999 | - | 242 (As on Dec 31, 2024) | - |
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Hopper's funding and investors
Hopper has raised a total funding of $740M over 12 rounds. Its first funding round was on 2008. Its latest funding round was a Series G round on Nov 07, 2022 for $96M. 1 investor participated in its latest round. Hopper has 23 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Hopper:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 07, 2022 | $96M | Series G | $5B | - | - | |
Aug 17, 2021 | $175M | Series G | $3.5B | - | ||
Mar 24, 2021 | $170M | Series F | $3.5B | - |
Access funding benchmarks and valuations. Sign up today!View details of Hopper's funding rounds and investors
Hopper's founders and board of directors
Founder? Claim ProfileThe founders of Hopper are Frederic Lalonde and Sebastien Rainville. Frederic Lalonde is the CEO of Hopper.
Here are the details of Hopper's key team members:
- Frederic Lalonde: Co-Founder & CEO of Hopper. They serve on the board of 1 company.
- Sebastien Rainville: Co-Founder of Hopper. Contact Info: 1 email address
View details of Hopper's Founder profiles and Board Members
Hopper's employee count trend
Hopper has 1,063 employees as of May 26. Here is Hopper's employee count trend over the years:
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Hopper's Competitors and alternates
Top competitors of Hopper include Aget24. Here is the list of Top 10 competitors of Hopper, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-powered travel booking and price prediction | $740M | 74/100 | ||
2nd | Online platform for comparing and booking travel packages | - | - | 16/100 |
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Hopper's Investments and acquisitions
Hopper has not made any investments yet. Hopper has made 5 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 24, 2022 | Acquisition | 2022 | Roubaix (France) | |
Oct 19, 2021 | Acquisition | 2016 | Cambridge (United States) | |
May 2021 | Acquisition | 2015 | New York City (United States) |
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Reports related to Hopper
Here is the latest report on Hopper's sector:
News related to Hopper
Filter this listMedia has covered Hopper for a total of 10 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
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Avelo Airlines Launches Disruption Assistance Powered by Hopper's TechnologyTravolution•Jun 23, 2026•Avelo Airlines, Hopper
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Capital One to Make 'Payout' to Acquire the Hopper Tech and Employees that Built Its Travel PortalSkift•Mar 17, 2026•Capital One, Hopper, GOBankingRates, Gen and 6 others
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Cloudbeds Partners with HTS to Offer Cancel for Any Reason FeatureTravel Daily Media•Nov 19, 2025•CloudBeds, Hopper
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HOPPR Launches Foundation Model to Speed Up AI Development for MammographyAPPLIED RADIOLOGY•Oct 22, 2025•Hopper
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