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Hopper Eyes $10 Billion Valuation with IPO Plans

January 21, 2025 by Newsdesk

Montreal-based Hopper plans a dual listing on the TSX and Nasdaq, potentially valuing the company at up to $10 billion. Known for its travel price prediction app, Hopper serves millennials and Gen Z while powering B2B travel platforms for companies like Capital One.

Founder Frederic Lalonde emphasizes profitability before the IPO, highlighting the company’s $1B revenue goal. Backed by $740M from investors including Goldman Sachs and Inovia Capital, Hopper’s competitive edge lies in its AI-driven data algorithms. Lalonde’s journey from hacker to industry disruptor underscores Hopper’s moonshot success.

Want to know more? Check out the source code on the Financial Post.

Filed Under: News Tagged With: Hopper

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