About Hopper

Headquartered in Montréal, Canada, Hopper is on a mission to build the world’s most customer-centric travel marketplace. Hopper aspires to help everyone discover the planet by making it cheaper and easier to travel. Through data and AI-driven pricing recommendations, Hopper takes the stress out of high prices, frequent delays, and lingering uncertainty for travelers in North America and globally. Hopper has created a full suite of fintech products to address these pain points and provide unique peace-of-mind flexible products (eg. Price freeze, Cancel for Any Reason and Leave for Any Reason).

Inovia had a decade-long relationship with CEO Frederic Lalonde before participating in Hopper’s Series E growth round. Simultaneously, our investment team developed a strong perspective and depth of knowledge in the travel space — and so we were excited to join in this round. Hopper is well-positioned to become a disruptor in the travel space thanks to its innovative product-first vision for the future, its impressive organic user acquisition engine and its success in building a powerhouse.

Company Information

Headquarters: Montreal

Global Offices: Toronto, Boston, New York, and Sofia

Investment Information

Investment year: 2020

Inovia Team Members: Chris Arsenault Mia Morisset Patrick Pichette Steven Chung

Hopper's Journey with Inovia

Apr 2008

First meeting between Inovia and Hopper

2008-2020

Continuous relationship building

Apr 2020

Inovia co-leads the Series E round alongside WestCap and Patrick Pichette joins the Board

Mar 2021

Inovia invests in the Series F round

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More to come!