About Hipmunk
Hipmunk is a Travel & Hospitality company based in San Francisco (United States) founded in 2010, and was acquired by Concur in September 2016. Travel services are discovered and booked via a metasearch platform. Hipmunk has raised $55.43 million across 8 funding rounds from investors including Concur, NGP Capital and Ignition Partners. The company was acqui-hired. Its focus areas include Consumer, Online Travel, Horizontal and Metasearch. Its competitors include SideStep and Skiplagged; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsTravel & Hospitality
- Website hipmunk.com
- Social LinkedIn X Facebook
- Acquired by Concur (Sep 2016)
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 $55.43M
- Total Rounds 8
- Last Round Series C — $5.75M
- First Round $15,000
(Aug 2010)
- Investors Count 8
All 8 funding rounds of Hipmunk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2016 | $5.75M | Series C | – | – | – |
| Oct 2014 | Series C | – | – | ||
| Jul 2014 | $9.02M | Series C | – | – | – |
| Jun 2014 | $20M | Series C | – | Oak Investment Partners | |
| Jun 2012 | $15M | Series B | – | IVP | |
| Jan 2011 | $4.65M | Series A | – | Ignition Partners | – |
| Oct 2010 | $1M | Seed | – | – | |
| Aug 2010 | $15,000 | Seed | – | – |
9 investors in total: 7 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on B2B companies | ngpcap.com | Palo Alto, United States | ||
Growth in technology companies is supported through venture capital. | ivp.com | Menlo Park, United States | ||
Venture capital investments are made in disruptive growth companies. | oakvc.com | Greenwich, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Ignition Partners is engaged in venture capital for enterprise software. | ignitionpartners.com | Los Altos, United States | ||
Corporate travel expenses and invoices are managed via SaaS platform. | 1988 | concur.com | Bellevue, United States | |
AK Ashton Kutcher | Actor, entrepreneur, and angel investor in tech startups globally. | unknown_98e69437593b4fcf8 | ||
PB Paul Buchheit | Creator of Gmail, angel investor, and Y Combinator partner | unknown_48f7a4c710db41ca8 |
Investor details for Hipmunk
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of Hipmunk
4 dated milestones of Hipmunk across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Hipmunk is founded.
- Funding First funding round of $15K.
- Funding Latest funding round, Series C, of $5.7M.
- Exit Acquired by Concur.
Competitors of Hipmunk
Hipmunk has 2 listed competitors in our database, 1 of them funded. They include SideStep and Skiplagged.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sidestep.com | 1999 | Santa Clara, United States | $32.15M | Meta-seasrch for flights, hotels & rental cars | ||
| skiplagged.com | 2013 | New York, United States | 20 | Cheap flights and hotels are meta-searched globally. |
Detailed competitors of Hipmunk
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Hipmunk
Websites that share an audience with Hipmunk (hipmunk.com).
Websites whose visitors overlap most with Hipmunk. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trustyou.com | 100% | 730.7K | #77,792 | View details | |
| airbnb.com | 86% | 100.6M | #215 | View details | |
| kayak.com | 72% | 35.8M | #1,115 | View details | |
adioso.com | adioso.com | 72% | – | ||
| yapta.com | 71% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Hipmunk
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as Hipmunk (Online Travel) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 | ||
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | 5,191 |
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Related news about Hipmunk
Complete news archive for Hipmunk
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Frequently Asked Questions about Hipmunk
Hipmunk was founded in 2010.
Hipmunk is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 Seed of $15K, raised on Aug 2010.
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.
Hipmunk's top competitors include Skiplagged and SideStep.
Hipmunk has 9 investors. Key investors include Concur, NGP Capital, Ignition Partners, IVP, and Oak Investment Partners.
Yes. Hipmunk was acquired by Concur in September 2016.