(Bloomberg) — Travel data provider Hopper Inc., one of Canada’s largest closely held technology companies, is eyeing a public listing that its founder believes will value the business at as much as $10 billion.
Most Read from Bloomberg
The Montreal-based company offers price predictions for flights, hotels and car rentals by analyzing trillions of data points, and allows customers to lock in a future price for a fee. Hopper is among the most downloaded travel apps in North America, and is especially popular among millennials and Generation Z.
Hopper also has a business-to-business offering that uses its data and artificial intelligence to improve travel-booking portals for companies including Capital One Financial Corp.
Hopper has drawn comparisons to another Canadian tech success story: Shopify Inc., which listed in 2015 at a valuation of $1.3 billion and is now worth about $130 billion. Shahir Guindi, a lawyer at Osler Hoskin & Harcourt LLP who’s a longtime adviser to…
