Hopper Revenue, Valuation & Funding (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.