Former Expedia VP’s Startup Hopper Travel App Reaches Unicorn Status
- Hopper said it raised $170 million in latest fundraising round
- Capital One is seeking to make a bigger push into travel
Source: Hopper
This article is for subscribers only.
Capital One Financial Corp. led a $170 million investment in the startup Hopper as the financial giant seeks to make a deeper push into travel.
The latest fundraising round, which values the startup at over $1 billion for the first time, came after it quietly raised $70 million last year, Hopper said Wednesday. The two will also partner on a new offering called Capital One Travel to give the bank’s cardholders new ways to book a trip.