Last updated: 05:00 PM ET, Tue March 29 2016

Popular Airfare App Hopper Raises Millions

Travel Technology | Gabe Zaldivar | March 29, 2016

Popular Airfare App Hopper Raises Millions

Photo via Hopper

That simple app that uses complex algorithms to save you a bundle on airfare just pulled in a gigantic haul in funding.

Hopper, for the moment, is rolling in it.

According to VentureBeat, the travel app that predicts the best moment to pull the trigger and buy that plane ticket raised its funding to $38 million after its recent round garnered $16 million thanks to the likes of BDC Capital IT Venture Fund, Omers Ventures, Accomplice and Brightspark Ventures.

READ MORE: Inside Intel: Travel Agents Share the Apps They Use to Travel Right

According to the report, the money will be spent in what seems to be measured growth for a company responsible for a wildly popular app.

What this means for travel consumers is yet to be seen. We have been happy to spotlight Hopper before, simply because its intuitive interface and valuable information make it a crucial tool for anyone flirting with the idea of a future trip.

By plugging in your desired destination you can see in an instant a calendar view of when you should consider buying that plane ticket.

It’s that first step everyone should take prior to really setting an itinerary and renting accommodations.

READ MORE: Kill It With Tech: 5 Apps To Alleviate Passport Speed Bumps

Recently, Hopper added American Airlines to its complement:

It’s no secret that we want things simple and informative. Hopper is both, offering an immediate look at the state of airfare without the usual rigmarole of other apps.


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