The story so far
Frederic Lalonde founded Hopper in 2007. The Hopper team is on a mission to build the most customer-centric travel company on earth. Combining massive amounts of data and machine learning to build the world’s fastest-growing mobile first travel marketplace -- one that enables customers to save money and travel better -- Hopper’s goal is to reduce traveler anxiety throughout all stages of the trip buying and taking process. By creating a transparent travel marketplace and unique, data-driven financial technology products focused on providing peace-of-mind, Hopper adds value along each step of the customer’s journey. Hopper has launched several bespoke fintech products that leverage our immense first and third-party data to create products and value that do not exist elsewhere - including Refundable and Flexible Tickets and Price Freeze. Thanks to these offerings, Hopper’s revenue growth is up 112% despite the travel slowdown due to COVID-19. With over $250M in funding from leading investors in both Canada and the US, Hopper is primed to continue its acceleration to becoming the world’s fastest-growing end-to-end customer-centric travel offering. Recognized as one of the world’s most innovative companies by Fast Company three years in a row, Hopper has been downloaded over 50 million times and sees over 1 million new installs per month. The app has received high praise in the form of mobile accolades such as the Webby Award for Best Travel App of 2019. OMERS Ventures invested in 2012.
Themes
Consumer
Founded
2007
OMERS First Investment
2012