GPI Capital led a $175m Series G funding round in Hopper.

GPI Capital, an alternative investment firm, led a $175m Series G funding round in Hopper, a company developing a mobile app for booking flights and hotels. Other investors include Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice. “The success of our fintech offerings demonstrate that travelers are willing to pay for flexibility and assurance as they resume traveling again. We feel strongly that our fintech offerings through Hopper Cloud can help supercharge the travel industry’s recovery by introducing a totally unique revenue stream for other brands. In fact, if all travel distribution channels offered our fintech, it could increase the total consumer spend for the sector by $200bn annually. We are excited to be partnering with GPI and their distinguished track record of supporting iconic consumer internet companies. We welcome Khai to the board as we execute on a roadmap for sustained growth over the long term," Frederic Lalonde, Hopper CEO and Co-Founder.