Hopper
Montreal, Canada
How Hopper hit $500M revenue with a 1.2K person team in 2023.
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.
2007
Founded
$500M
2023 Revenue
116.67%
YOY
$690.7M
Funding
Hopper Revenue
In 2023, Hopper revenue run rate hit $500M in revenue.
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2023
Hopper hit $500M in revenue in 2023
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2021
Hopper hit $150M in revenue in 2021
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2020
Hopper hit $40M in revenue in 2020
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2019
Hopper hit $45M in revenue in 2019
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2007
Hopper launched in 2007 with $0 revenue
Hopper Funding History
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2022 Series G
Hopper raised a Series G of in February, 2022
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 03 2022 | Series G |
Team
Hopper has 1,202 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1.2K |
Founder / CEO
Frederic Lalonde
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Hopper Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Frederic Lalonde | CEO | - | - |
Hopper Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Frederic Lalonde | CEO | - | - |
Frequently Asked Questions about Hopper
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When was Hopper founded?
Hopper was founded in 2007.
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How much revenue does Hopper generate?
Hopper generates $500M in revenue.
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Who is the CEO of Hopper
The CEO of Hopper is Frederic Lalonde.
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How much funding does Hopper have?
Hopper raised $690.7M.
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How many employees does Hopper have?
Hopper has 1.2K employees.
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Where is Hopper headquarters?
Hopper is headquartered at Montreal, Canada
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