Capital One backs Hopper
Travel booking app Hopper has raised $170 million in a Series F funding round led by Capital One. Capital One is also partnering with Hopper to launch Capital One Travel through Hopper’s new B2B platform known as Hopper Cloud.
Established in 2007, the Montreal/Boston-based company develops a mobile app to predict and analyze airfares; providing travelers with the information they need to get flight deals and notifies them when prices for their flights are at their predicted lowest points. The company made its way into insurance in 2019 when it began offering travel insurance via Aon on US-origin bookings.