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What they doLargest travel app in North America, that helps its customers spend less & travel better
Investment Thesis
What they do
Largest travel app in North America, that helps its customers spend less & travel better
Global travel inventory includes:
- 300+ airlines
- 2 million+ hotels
- 100+ car rental companies
- Recently created 'Hopper Homes', for short-term home rentals
Offers innovative fintech travel products:
- Cancel for Any Reason
- Price Freeze & Price Drop
- Price Prediction
- Disruption
Investment Thesis
On its way to becoming a global travel super-app
- 120M+ downloads
- Over $7B+ of travel & travel-related products sold annually
- 3rd largest on-line travel agency (OTA) in North America
Appeals to a wide travel target audience
- Gen Z & Millennials, via the app
- Business & mature travelers, through Hopper Cloud
Impressive growth within Hopper Cloud - its B2B platform
- Hopper Cloud now represents over 50% of Hopper's business
- Partnered with some of the world’s most recognized financial
institutions, airlines, hotels, and travel companies such as Capital One,
Uber, Marriott, Commbank, and Nubank
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