Hopper Raises $175M in Series G Funding


Hopper, a Montreal, Canada-based mobile-first travel marketplace, completed a $175m Series G financing.

The round was led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice.

The company intends to use the funds to continue to expand operations and its business reach and customer support.

Led by Frederic Lalonde, CEO and Co-Founder, Hopper is a mobile-first travel marketplace which leverages massive amounts of data and machine learning to develop fintech solutions for customers to travel and save money. Through its B2B initiative, Hopper Cloud, the company is syndicating its fintech solutions, infrastructure, and agency content.

Hopper is hiring an additional 500 employees, of which 300 of them are focused on customer service. The company is actively looking to acqui-hire other teams in travel, data science, or engineering-heavy startups to introduce new product offerings and accelerate international expansion. Hopper recently integrated the teams of Journy and Mowgli, which will accelerate entry into new travel categories such as home rentals and regional expansion to Europe.