Founded Year

2007

Stage

Series H | Alive

Total Raised

$710.2M

Last Raised

$96M | 3 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-72 points in the past 30 days

About Hopper

Hopper operates in the travel and hospitality industry, offering services for booking hotels, flights, car rentals, and homes, along with financial services to manage travel-related expenses and disruptions. Hopper caters to the travel sector, focusing on Gen-Z and Millennial travelers. Hopper was formerly known as Openplaces. It was founded in 2007 and is based in Montreal, Canada.

Headquarters Location

5795 Avenue de Gaspe

Montreal, Quebec, H2S 2X3,

Canada

514-276-0760

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Hopper's Products & Differentiators

    Price Freeze

    Available on flight and hotel bookings, Price Freeze protects customers from pricing volatility by allowing them to hold a price for an extended period. If the price goes up during the freeze duration, Hopper will cover the difference up to a set amount. If the price goes down during the freeze duration, the customer pays the lower prices. This product allows customers the flexibility to take more time to plan without missing out on a great deal.

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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 Nov 3, 2025.

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 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,297 items

T

Travel Technology (Travel Tech)

2,715 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.

T

Tech IPO Pipeline

257 items

The tech companies we think could hit the public markets next, according to CB Insights data.

Hopper Patents

Hopper has filed 6 patents.

The 3 most popular patent topics include:

  • broadcast engineering
  • channel access methods
  • data management
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

US flight cuts send airlines, travellers scrambling

Nov 7, 2025

CHICAGO: US airlines scrambled on Thursday (Nov 6) to rejig schedules and field calls from anxious customers after the Trump administration ordered flight reductions at major airports due to a shortage of air traffic controllers during the longest government shutdown in history. The cuts, set to begin on Friday, were expected to hit hundreds of thousands of travellers with little notice. Aviation analytics firm Cirium estimated the reductions would cancel up to 1,800 flights and cut 268,000 airline seats a day in the US International flights are not affected. The low-demand travel period made it easier for airlines to rebook passengers by cutting flight frequencies on some routes and using larger planes. Analysts predict the impact on earnings will be modest, provided the shutdown ends before the peak Thanksgiving travel period. Transportation Secretary Sean Duffy on Wednesday ordered 10 per cent flight cuts to start on Friday at 40 major US airports, including in New York, Los Angeles and Chicago, affecting both commercial and cargo services. The Federal Aviation Administration revised the plan and said late on Thursday that airlines must cut 4 per cent of domestic flights starting at 6am EST (1100 GMT) on Friday daily through Monday, then ramping up to a full 10 per cent cut by Nov 14. The FAA is also restricting space launches but not requiring cuts to international flights. The FAA also warned it could reject specific cuts if they disproportionately impacted certain communities and could cut up to 10 per cent of general aviation flights at high-traffic airports if staffing issues arose. Airlines face the challenge of adjusting flight schedules on short notice while minimising the impact on passengers and crew members. In a memo to staff, American Airlines Chief Operating Officer David Seymour wrote "you deserve the same level of certainty as our customers", and noted the carrier was trying its best to avoid disrupting the work schedules of its pilots and flight attendants. Major airlines proactively offered customers greater flexibility regarding their travel plans, a move reinforced by the Transportation Department confirming late on Thursday that passengers are entitled to a full refund But it said airlines are not required to provide reimbursement for hotels or meals for cancellations since they are not at fault. Which airports are affected by the forced flight reductions? AIRLINE FLIGHT REDUCTION PLANS In line with the federal directive, American Airlines will reduce its schedules by 4 per cent across 40 airports, amounting to around 220 flights cancelled each day from Friday through Monday The vast majority of these cancellations are for regional flights, allowing the airline to maintain approximately 6,000 daily flights and minimise customer impact, it said. Delta Air Lines announced the cancellation of about 170 US flights on Friday, with fewer expected on Saturday due to lower travel volume. The carrier normally operates 5,000 daily flights globally. United Airlines said it plans to cut 4 per cent of its flights Friday through Sunday, resulting in under 200 daily cancellations. The Chicago-based airline operates around 4,500 flights a day. Southwest Airlines will cancel about 120 flights on Friday Alaska Airlines has begun cancelling a limited number of flights from Friday. The carrier said that most cancellations would affect high-frequency routes, allowing the majority of customers to be re-accommodated with minimal disruption. Discount carrier Frontier said most of its flights would operate as planned, though in a LinkedIn post its CEO Barry Biffle advised customers travelling to funerals or other critical events over the next 10 days to book backup tickets on different airlines. USING BIGGER PLANES Airlines can lessen the disruption by using bigger aircraft, a strategy they already employ to deal with congestion in New York-area airports. Still, passengers inundated carriers on social media platforms like X with questions and comments as they tried to clarify their travel plans. While sales of its "disruption assistance" service have risen steadily since the shutdown began on Oct 1, travel app Hopper reported an overnight jump of nearly 60 per cent after the government announced flight cuts. The FAA cited a safety assessment of air traffic controllers in ordering the unprecedented cuts, but officials insisted it is safe. "It's safe to fly today, and it will continue to be safe to fly next week," Duffy said. FAA Administrator Bryan Bedford reiterated on Thursday that the agency would not hesitate to take further action to make sure air travel remains safe. During the closure, 13,000 air traffic controllers and 50,000 security screeners have been forced to work without pay. Absenteeism has risen to 30 per cent or more at some airports as the workers turn to second jobs to feed their families or are unable to afford childcare. Even before the shutdown, the FAA was already short about 3,500 air traffic controllers, and many were working mandatory overtime and six-day work weeks. Airlines have estimated that at least 3.2 million travellers have been delayed during the shutdown. STRESS FOR PASSENGERS Following a dip in corporate and leisure bookings in the first half of the year, US airlines had projected a period of steady demand this quarter. Yet, even as reduced capacity is expected to drive up airfares, the uncertainty caused by the shutdown may depress consumer travel spending. Passenger traffic declined in the first week of November from a year ago after rising in October, data from the US Transportation Security Administration showed. Airlines for America CEO Chris Sununu urged customers to "stick with their current travel plans" amid a drop in bookings. But even before the new flight cuts went into effect, customers said flight delays and cancellations were causing misery. Delaware-based Grace Logeman, 40, drove two hours on Thursday to Newark, New Jersey for a Frontier flight to Atlanta that was delayed by three hours. The delay caused her to miss a connecting flight to the Dominican Republic for her sister's birthday. "I'm devastated," Logeman said while on hold with the airline's customer service line. "As far as the ongoing shutdown ... it's hurting me. I'm the one sitting here now."

Hopper Frequently Asked Questions (FAQ)

  • When was Hopper founded?

    Hopper was founded in 2007.

  • Where is Hopper's headquarters?

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

  • What is Hopper's latest funding round?

    Hopper's latest funding round is Series H.

  • How much did Hopper raise?

    Hopper raised a total of $710.2M.

  • Who are the investors of Hopper?

    Investors of Hopper include Capital One Ventures, Stack Capital, Drive Capital, Brookfield, Accomplice and 20 more.

  • Who are Hopper's competitors?

    Competitors of Hopper include Koala, Mondee, twistr, Travelshift, Apple Leisure Group and 7 more.

  • What products does Hopper offer?

    Hopper's products include Price Freeze and 4 more.

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Compare Hopper to Competitors

I
InteleTravel

InteleTravel focuses on providing personalized travel planning services. The company offers services such as trip planning, booking, and travel insurance, all tailored to the individual needs and preferences of the client. The company primarily serves individuals seeking travel experiences, with a particular emphasis on vacations. It was founded in 1991 and is based in Delray Beach, Florida.

U
UpNext

UpNext is a company specializing in travel technology solutions within the travel and tourism industry. The company offers a platform that leverages micro-segmentation to provide personalized travel experiences, connecting travelers with bespoke opportunities in short term rentals and hotel accommodations. UpNext primarily serves the travel industry, focusing on enhancing the travel experience for individuals. It was founded in 2015 and is based in Pitt Meadows, British Columbia.

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AsiaYo

AsiaYo is a travel service company offering a variety of accommodations such as hotels, guesthouses, and resorts, along with travel-related services. The company provides a platform for travelers to book stays, group tours, cruises, day trips, and transportation, catering to both domestic and international needs. It was founded in 2014 and is based in Taipei, Taiwan.

E
Expedia Group

Expedia Group is an online travel agency operating in the travel and tourism industry. The company offers travel services including hotel bookings, flight reservations, car rentals, and vacation packages. Expedia Group provides platforms that facilitate the planning and booking of travel itineraries. It is based in Seattle, Washington.

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TravelAI

TravelAI specializes in applied artificial intelligence within the travel sector, focusing on creating personalized travel experiences. The company offers a suite of services that leverage AI to analyze traveler data and provide tailored recommendations, connecting travelers with a network of diverse travel properties. TravelAI primarily serves the online travel marketplace industry, offering solutions that cater to various traveler needs through its portfolio of brands. It was founded in 2013 and is based in Pitt Meadows, Canada.

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Travelport

Travelport is a travel retail platform operating in the travel industry. The company offers various tools and services to assist in the buying and selling of travel experiences. Travelport primarily serves travel agencies, providing them with technology to improve their retailing capabilities. It was founded in 1971 and is based in Langley, England.

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