About Hipmunk
Hipmunk is a company based in San Francisco (United States) founded in 2010 was acquired by Concur in September 2016.. Hipmunk has raised $55.43 million across 8 funding rounds from investors including Concur, NGP Capital and Ignition Partners. Hipmunk operates in a competitive market with competitors including Skyscanner, Wego, Aviasales, Momondo and Liligo, among others.
- Headquarter San Francisco, United States
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Funding Insights of Hipmunk
Hipmunk has successfully raised a total of $55.43M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $5.75 million completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $5.7M
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First Round
First Round
(17 Aug 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Series C - Hipmunk | Valuation |
investors |
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| Oct, 2014 | Amount | Series C - Hipmunk | Valuation |
investors |
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| Jul, 2014 | Amount | Series C - Hipmunk | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Hipmunk
Hipmunk has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Concur, NGP Capital and Ignition Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Venture capital investments are made in disruptive growth companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hipmunk
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hipmunk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hipmunk Comparisons
Competitors of Hipmunk
Hipmunk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skyscanner, Wego, Aviasales, Momondo and Liligo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online meta-search platform for booking various travel services.
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| domain | founded_year | HQ Location |
Online platform for discovering multiple categories of travel services
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| domain | founded_year | HQ Location |
Travel services are meta-searched and booked via mobile app platform.
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| domain | founded_year | HQ Location |
Travel services are compared through an online meta-search engine.
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| domain | founded_year | HQ Location |
Online travel metasearch
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hipmunk
Frequently Asked Questions about Hipmunk
When was Hipmunk founded?
Hipmunk was founded in 2010.
Where is Hipmunk located?
Hipmunk is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Hipmunk a funded company?
Hipmunk is a funded company, having raised a total of $55.43M across 8 funding rounds to date. The company's 1st funding round was a Series C of $9.02M, raised on Aug 17, 2010.
What does Hipmunk do?
Hipmunk was founded in 2010 in San Francisco, United States, as a travel metasearch platform. Operations focus on enabling users to search and book travel services, including flights, hotels, and activities, by inputting location details, preferred dates, user information, and payment methods. The platform aggregates options from multiple providers to facilitate comparisons and reservations within the travel sector.
Who are the top competitors of Hipmunk?
Who are Hipmunk's investors?
Hipmunk has 9 investors. Key investors include Concur, NGP Capital, Ignition Partners, IVP, and Oak Investment Partners.
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