Latka logo

How Hopper CEO Frederic Lalonde grew Hopper to $686.9M revenue with a 1201 person team in 2024.

Hopper is a mobile app that leverages big data and machine learning to predict and analyze airfare and accommodation prices. It provides travelers with the best times to buy tickets and book hotels, helping them to secure the best deals. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper was initially a travel startup focusing on data-driven recommendations. Over time, Hopper evolved into a travel booking app, distinguishing itself with features that predict future prices for flights and accommodations. The app analyzes vast amounts of data to forecast price changes and offers recommendations on whether users should book now or wait for a better price. This predictive capability is a key selling point, attracting users who seek to optimize their travel spending. Hopper also offers additional services, such as "price freeze" options where users can lock in a price for a flight or hotel for a short period, and "cancel for any reason" plans for added flexibility. The company has seen significant growth and expansion, continually adding new features and services to improve the travel booking experience. Hopper's use of advanced data analytics and user-friendly interface has made it a popular choice for tech-savvy travelers looking for cost-effective travel planning solutions.

Last updated

Hopper Revenue

In 2024, Hopper's revenue reached $686.9M. The company previously reported $500M in 2023. Since its launch in 2007, Hopper has shown consistent revenue growth.

Hopper Revenue GrowthReported revenue / ARR by year$0$150M$300M$450M$600M$750M2007200920112013201520172019202120232024$0$45M$150M$687MSource: GetLatka.com
YearMilestone
2024Hopper Hit $686.9m revenue in October 2024
2023Hopper Hit $500m revenue in November 2023
2021Hopper Hit $150m revenue in January 2021
2020Hopper Hit $40m revenue in January 2020
2019Hopper Hit $45m revenue in January 2019
2007Launched with $0 revenue

Hopper Valuation, Funding Rounds

Hopper reached a $5B valuation in 2022, set during its Series G round.

Hopper has raised $175M in total funding across 1 round, most recently a $175M Series G round in 2022.

Hopper Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$3B$4B$5B$6B2007200920112013201520172019202120222007 cumulative: $0 • 2007 Founded: $02022 cumulative: $175M • 2007 Founded: $0 • 2022 Series G: $175M @ $5B valuation$175M2007 Founded: $0 valuation2022 Series G: $5B valuation$5BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series G$175M$5B4%

Hopper Employees & Team Size

Hopper employs approximately 1.2K people as of 2026, down from 1.2K in 2024.

Hopper has 1.2K total employees in different roles and functions.

Hopper Team GrowthReported headcount over time03006009001,2001,5002007200920112013201520172019202120232025001,2011,201Source: GetLatka.com
YearMilestone
2025Reached 1.2K employees (November 2025)
2025Reached 1.2K employees (November 2025)
2024Reached 1.2K employees (March 2024)
2023Reached 1.3K employees (November 2023)

Founder / CEO

Frederic Lalonde

Frederic Lalonde is listed as Founder / CEO at Hopper.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Hopper yet.

Frequently Asked Questions about Hopper

What is Hopper's revenue?

Hopper generates $686.9M in revenue.

Who founded Hopper?

Hopper was founded by Frederic Lalonde.

Who is the CEO of Hopper?

The CEO of Hopper is Frederic Lalonde.

How much funding does Hopper have?

Hopper raised $175M.

How many employees does Hopper have?

Hopper has 1.2K employees.

Where is Hopper headquarters?

Hopper is headquartered in Montreal, Quebec, Canada.

People Also Viewed

Qonto logo

Qonto

Qonto is an online bank that provides financial tools for small and medium-sized businesses and freelancers. It makes business banking easy, efficient, and tailored to the needs of SMEs.

IMC Companies logo

IMC Companies

IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, expedited services, customs, and more.

Navan logo

Navan

Navan, Inc. (formerly TripActions) is a privately held American corporate travel and expense management company headquartered in Palo Alto, California. It offers travel, expense, and corporate card management solutions to automate manual processes and drive spend visibility.

Rubrik logo

Rubrik

Provider of cloud infrastructure technology designed for data protection, search, analytics, archival and copy data management. The company's Rubrik Cloud Data Management, offers live data access for recovery and application development by fusing enterprise data management with web-scale IT and eliminating backup software, enabling companies to manage data at scale while realizing data-driven services anytime, anywhere.

Arctic Wolf logo

Arctic Wolf

Using the cloud-native Arctic Wolf® Platform, we help organizations end cyber risk by providing security operations as a concierge service. Arctic Wolf solutions include Arctic Wolf® Managed Detection and Response (MDR), Managed Risk, Managed Security Awareness, and Incident Response; each delivered by our Concierge Delivery Model. Highly-trained security experts work as an extension of internal teams to provide 24×7 monitoring, detection and response, as well as ongoing risk management to proactively protect organizations while continually strengthening their security posture.

Motive logo

Motive

Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.

Compare Hopper to the industry

Hopper operates across multiple industries. Browse revenue, funding, and growth data for Hopper in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Hopper Revenue 2024: $686.9M ARR, $5B Valuation