Travel app Hopper raises $96M from Capital One to double down on social commerce

Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hopper today announced that it closed a $96 million follow-on investment from Capital One, bringing the company’s total raised to $740 million. The fresh cash will be put toward several efforts, CEO and co-founder Frederic Lalonde said in a press release, including supporting Hopper’s new social commerce initiatives.
As a part of the funding, Hopper says it’s extending its partnership with Capital One (which led Hopper’s Series F) to create new travel products aimed at C

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