Hopper's New $170 Million Financing Led by Capital One Will Expand Online Travel Loyalty Biz

Matthew Parsons

March 24th, 2021 at 1:30 PM EDT

Photo Credit: Hopper founders Frederic Lalonde and Joost Ouwerkerk. Hopper

Skift Take

More blurring of the lines between travel technology and financial services, and the latest example of investors seeing potential in the sector's return.

Online travel agency Hopper has raised $170 million in new funding, in a round led by banks and credit card company Capital One, with participation from new and existing investors GS Growth, Inovia Capital, WestCap Group and Citi Ventures. This latest round at $1 billion valuation makes Hopper a rare new unicorn in travel startup land. Hopper will now power Capital One Travel, the booking platform used by its cardho

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