About Hopper
Hopper is a company based in Montreal (Canada) founded in 2007 by Dakota Smith Hopper, Sebastien Rainville, and Frederic Lalonde. It operates as a Two-Sided Marketplace. Hopper has raised $715.43 million across 11 funding rounds from investors including Goldman Sachs, Capital One and Lufthansa Group. Hopper has completed 5 acquisitions, including GDX Travel, Gravy.ai and Journy. Hopper offers products and services including Flight Booking, Hotel Booking, and Car Rental. Hopper operates in a competitive market with competitors including Waylo and RateDefence, among others.
- Headquarter Montreal, Canada
- Founders Dakota Smith Hopper, Sebastien Rainville, Frederic Lalonde
- Stage Unicorn
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hopper India Private Limited
- Date of Incorporation 25 Jul, 2022
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$715.43 M (USD)
in 11 rounds
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Latest Funding Round
$96 M (USD), Series G
Nov 07, 2022
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Investors
Goldman Sachs
& 16 more
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Employee Count
Employee Count
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Investments & Acquisitions
GDX Travel
& 4 more
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Products & Services of Hopper
Hopper offers a comprehensive portfolio of products and services, including Flight Booking, Hotel Booking, and Car Rental. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flights are booked through an online platform efficiently.
Hotels are reserved via an easy-to-use digital service.
Car rentals are arranged through a streamlined booking process.
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Software Development Team
40 people
Product Management Team
17 people
Senior Team
7 people
Leadership Team
7 people
Data Analysis and Operations Team
4 people
Sales and Marketing
4 people
Finance and Accounting
3 people
Legal and Compliance
3 people
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Funding Insights of Hopper
Hopper has successfully raised a total of $715.43M across 11 strategic funding rounds. The most recent funding activity was a Series G round of $96 million completed in November 2022. 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 11
- Last Round Series G — $96.0M
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First Round
First Round
(01 Jun 2008)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series G - Hopper | Valuation | Capital One |
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| Aug, 2021 | Amount | Series G - Hopper | Valuation | GPI Capital | |
| Mar, 2021 | Amount | Series F - Hopper | Valuation | Capital One Ventures |
| 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 Hopper
Hopper has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Capital One and Lufthansa Group. 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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GPI Capital is engaged in non-control growth equity investments.
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Founded Year | Domain | Location | |
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Growth equity is provided to private internet and software companies.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors by WestCap.
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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 Hopper
Hopper has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include GDX Travel, Gravy.ai and Journy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS-based inventory and reservation management is delivered for travel companies.
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2022 | ||||
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Pricing data services are supplied to restaurants by Gravy.ai.
|
2018 | ||||
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Booking platform for tours & activities
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hopper
| 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 |
Hopper Comparisons
Competitors of Hopper
Hopper 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 Waylo and RateDefence, 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 |
AI-based hotel price predictor chat bot
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| domain | founded_year | HQ Location |
Offers web-based rate comparison solutions for hotels.
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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 Hopper
Frequently Asked Questions about Hopper
When was Hopper founded?
Hopper was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Hopper located?
Hopper is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Hopper?
Frederic Lalonde is the current CEO of Hopper. They have also founded this company.
Is Hopper a funded company?
Hopper is a funded company, having raised a total of $715.43M across 11 funding rounds to date. The company's 1st funding round was a Series F of $170M, raised on Jun 01, 2008.
What does Hopper do?
Hopper is managed as a digital platform for travel bookings, focusing on flights, hotels, and car rentals. Services are provided to a wide user base across various popular destinations. Innovative features like price prediction and disruption assistance are integrated to enhance user experience in the travel and tourism sector.
Who are the top competitors of Hopper?
Hopper's top competitors include Waylo and RateDefence.
What products or services does Hopper offer?
Hopper offers Flight Booking, Hotel Booking, and Car Rental.
How many acquisitions has Hopper made?
Hopper has made 5 acquisitions, including GDX Travel, Gravy.ai, and Journy.
Who are Hopper's investors?
Hopper has 17 investors. Key investors include Goldman Sachs, Capital One, Lufthansa Group, BDC, and Caisse de depot et placement du Quebec.
What is Hopper's valuation?
The valuation of Hopper is $3.5B as of Aug 2021.
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