Montréal-based Hopper has secured about $96 million USD ($130 million CAD) in equity funding from American financial giant Capital One to build out its business-to-business (B2B) functionality and support a push into social commerce.
Capital One previously led Hopper’s $170 million USD March 2021 Series F round. Last year, Capital One also became the first and “keynote” client of Hopper’s B2B business, Hopper Cloud, as the two firms teamed up to launch Capital One Travel for the latter’s millions of credit cardholders.
“We weren’t just staying still and riding the travel boom.”
-Dakota Smith, Hopper
In an interview with BetaKit, Hopper president Dakota Smith said the firm plans to invest in a…