About hopOn
hopOn is a company based in San Francisco (United States) founded in 2013 was acquired by Boston Venture Studio in November 2015.. hopOn has raised $750 thousand across 1 funding round from investors including NEA and Boston Venture Studio. hopOn operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$750 K (USD)
in 1 rounds
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Latest Funding Round
$750 K (USD), Seed
Mar 12, 2015
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Investors
NEA
& 1 more
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Employee Count
Employee Count
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Acquired by
Boston Venture Studio
(Nov 09, 2015)
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Funding Insights of hopOn
hopOn has successfully raised a total of $750K through 1 strategic funding round. The most recent funding activity was a Seed round of $750 thousand completed in March 2015. 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 1
- Last Round Seed — $750,000
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First Round
First Round
(12 Mar 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - hopOn | Valuation |
investors |
| 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 |
Investors in hopOn
hopOn has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NEA and Boston Venture Studio. 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 investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Boston Venture Studio is engaged in startup development and incubation.
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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
|
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 hopOn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - hopOn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Hopon Comparisons
Competitors of hopOn
hopOn 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 Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, 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 |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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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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Frequently Asked Questions about hopOn
When was hopOn founded?
hopOn was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is hopOn located?
hopOn is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is hopOn a funded company?
hopOn is a funded company, having raised a total of $750K across 1 funding round to date. The company's 1st funding round was a Seed of $750K, raised on Mar 12, 2015.
What does hopOn do?
HopOn was founded in 2013 in San Francisco, United States, as a mobile application in the travel sector. Various services such as flights, hotels, restaurants, activities, and rides are booked by users through the platform. Operations center on facilitating seamless travel arrangements. The company was acquired by Blade Travel in November 2015, integrating its services into a broader travel ecosystem.
Who are the top competitors of hopOn?
hopOn's top competitors include MakeMyTrip, Ixigo and Despegar.
Who are hopOn's investors?
hopOn has 2 investors. Key investors include NEA, and Boston Venture Studio.