Hopper company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

hopper.com

Founded Year

2007

Stage

Secondary Market | Alive

Total Raised

$614.2M

Valuation

$0000 

Last Raised

$35M | 4 mos ago

About Hopper

Hopper is a mobile application that uses data to predict and analyze airfare. Hopper provides travelers with flight information and notifies them when prices for their flights are at their predicted lowest points.

Hopper Headquarter Location

5795 Ave de Gaspe Suite 100

Montreal, Quebec, H2S 2X3,

Canada

514-276-0760

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Hopper

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Hopper in 2 CB Insights research briefs, most recently on Sep 27, 2019.

Expert Collections containing Hopper

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Hopper is included in 2 Expert Collections, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,134 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

U

Unicorns- Billion Dollar Startups

1,135 items

Hopper Patents

Hopper has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/12/2013

6/6/2017

Energy conversion, Renewable energy, Photovoltaics, Electrical generators, Power station technology

Grant

Application Date

3/12/2013

Grant Date

6/6/2017

Title

Related Topics

Energy conversion, Renewable energy, Photovoltaics, Electrical generators, Power station technology

Status

Grant

Latest Hopper News

Prepare for sticker shock if you are traveling this summer

May 27, 2022

DK Fri., May 27, 2022timer5 min. read DALLAS (AP) — Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel. Many forecasters believe the number of travelers will match or even exceed levels in the good-old, pre-pandemic days. However, airlines have thousands fewer employees than they did in 2019, and that has at times contributed to widespread flight cancellations. People who are only now booking travel for the summer are experiencing the sticker shock. Domestic airline fares for summer are averaging more than $400 a round trip, 24% higher than this time in 2019, before the pandemic, and a whopping 45% higher than a year ago, according to travel-data firm Hopper. “The time to have gotten cheap summer flights was probably three or four months ago,“ says Scott Keyes, who runs the Scott’s Cheap Flights site. Internationally, fares are also up from 2019, but only 10%. Prices to Europe are about 5% cheaper than before the pandemic — $868 for the average round trip, according to Hopper. Keyes said Europe is the best travel bargain out there. Steve Nelson of Mansfield, Texas, was standing in line this week at a security checkpoint in Dallas-Fort Worth International Airport, ready to board a flight to Nice, France, with plans to attend a Formula One race in Monaco. “I decided it’s time to work on my bucket list,” Nelson said. “I hadn’t even considered Monaco until this year.” Although many countries have eased rules for travel, there are still restrictions in place that add to the hassle factor. Notably, the United States still requires a negative COVID-19 test within a day of flying to the country. “We only realized that a couple days before coming here. We kind of panicked to find a place to get tested,“ said Jonny Dawe, a software engineer from Bath, England, who was in Dallas for a conference — his first major trip since the pandemic started. “You have to check all the testing requirements for the countries you are visiting, and you have to worry about contracting the virus.” Online spending on U.S. flights eased in April after a torrid March, but it’s still up 23% from spring 2019 mostly because of higher prices, according to Adobe Analytics. Airlines blame the steeper fares on jet fuel roughly doubling in price over 2019. It’s more than that, however. The number of flights has not returned to pre-pandemic levels even though demand for travel is surging. “We have more travelers looking to book fewer seats, and each of those seats is going to be more expensive for airlines to fly this summer because of jet fuel,” says Hopper economist Hayley Berg. When travelers reach their destination, they will be greeted with hotel rates that are up about one-third from last year. Hotels are filling up faster, too. Hotel companies blame the higher prices on increasing cost for supplies as well as workers in a tight labor market. Rental cars were hard to find and very expensive last summer, but that seems to have eased as the rental companies rebuild their fleets. The nationwide average price is currently around $70 a day, according to Hopper. Jonathan Weinberg, founder of a rental car shopping site called AutoSlash, said prices and availability of vehicles will be very uneven. It won’t be as bad as last summer, but prices for vehicles will still be “way above average, if you can even find one,” in Hawaii, Alaska and near destinations such as national parks. Even if you drive your own car, it’ll still be pricey. The national average for regular gasoline hit $4.60 a gallon on Thursday — more than $6 in California. Those prices have some people considering staying home . “You don’t really get used to $6 gas,” said Juliet Ripley of San Diego as she paid $46.38 to put 7.1 gallons in her Honda Civic. The single mom of two has no summer vacation plans other than an occasional trip to a nearby beach. For those determined to travel, however, it is an open question whether airlines, airports, hotels and other travel businesses will be able to handle them. More than 2.1 million people a day on average are boarding planes in the United States, about 90% of 2019 levels and a number that is sure to grow by several hundred thousand a day by July. The U.S. Transportation Security Administration has tapped nearly 1,000 checkpoint screeners who can move from one airport to another, depending on where they are needed most. “We are as ready as we possibly can be,” says TSA chief David Pekoske. Airlines that paid employees to quit when travel collapsed in 2020 are now scrambling to hire enough pilots, flight attendants and other workers. The largest four U.S. airlines — American, Delta, United and Southwest — together had roughly 36,000 fewer employees at the start of 2022 than before the pandemic, a drop of nearly 10%, despite aggressive hiring that started last year. Pilots are in particularly short supply at smaller regional airlines that operate nearly half of all U.S. flights under names like American Eagle, Delta Connection and United Express. Airlines are trimming summer schedules to avoid overloading their staffs and canceling flights at the last minute. This week, Delta cut about 100 flights a day, or 2%, from its July schedule, and more than 150 flights a day on average, or 3%, in August. Southwest, Alaska and JetBlue previously reduced summer flights. Cancellations aren’t limited to the U.S. In the United Kingdom, easyJet and British Airways scrubbed many flights this spring because of staffing shortages. Air travel within Europe is expected to recover to pre-pandemic levels this summer, although visitors from outside the region will likely be down 30% from 2019, according to a new report from the European Travel Commission. The group doesn’t expect international travel to return to normal until 2025. Russia’s war in Ukraine does not appear to be hurting bookings to most of Europe, according to travel experts, but it will reduce the number of Russian and Ukrainian travelers, whose favorite destinations include Cyprus, Montenegro, Latvia, Finland, Estonia and Lithuania, the commission said. Russian tourists tend to be big spenders, so their absence will hurt tourism economies in those destinations. Also largely missing: Chinese tourists, the world’s largest travel spenders, who remain largely restricted by their government’s “zero-COVID” strategy . Some European destinations report that the number of Chinese tourists is down by more than 90% from 2019. ___

Hopper Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Hopper Rank

  • When was Hopper founded?

    Hopper was founded in 2007.

  • Where is Hopper's headquarters?

    Hopper's headquarters is located at 5795 Ave de Gaspe, Montreal.

  • What is Hopper's latest funding round?

    Hopper's latest funding round is Secondary Market.

  • How much did Hopper raise?

    Hopper raised a total of $614.2M.

  • Who are the investors of Hopper?

    Investors of Hopper include Stack Capital, Drive Capital, Accomplice, WestCap Group, GS Growth and 15 more.

  • Who are Hopper's competitors?

    Competitors of Hopper include Freebird.

You May Also Like

AirHelp Logo
AirHelp

AirHelp is a service that helps airline passengers receive the compensation that's owed to them after a disrupted flight (including cancellations, delays, and overbookings).

Tripit Logo
Tripit

TripIt is an itinerary management service that aims to help travelers organize and share all the components of their trip no matter where they book. The TripIt "Itinerator" creates a master travel itinerary by processing all of the traveler's forwarded email booking confirmations. TripIt then aims to help travelers share their plans with friends family and colleagues. Through its API, TripIt aims to serve as an information platform for the travel industry. By enabling websites and applications to collaborate and share information in new ways TripIt is creating an ecosystem of products and services designed to streamline and improve the travel experience.

Expensify Logo
Expensify

Expensify (NASDAQ: EXFY) is a provider in automated expense management. The company's mobile app streamlines the way employees report expenses, the way expenses are approved, and the way information is exported to accounting packages.

FlightAware Logo
FlightAware

FlightAware provides live flight data, airport information, fuel prices, FBO reservations, weather maps, flight planning, and navigation charts, as well as aviation news and photos.On August 30th, 2021, FlightAware was acquired by Collins Aerospace. Terms of the transaction were not disclosed.

Freebird Logo
Freebird

Freebird empowers travelers, travel managers, and agencies with the tools and information to stay in-the-know, take control, and act quickly when the unexpected happens. Freebird’s proprietary data and risk models combine data science and technology to provide travelers, travel managers, and agencies with real-time information and tools to take control and make better travel decisions.On August 27th, 2020, Freebird was acquired by Capital One, terms of the transaction were not disclosed.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.