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Frederic Lalonde

Founder & CEO, Hopper
Greater Montreal Metropolitan Area,Canada
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Frederic Lalonde's Overview

Total Experience37 years
CompanyHopper
CountryCanada

Frederic Lalonde is a seasoned entrepreneur and visionary leader in the travel technology industry. He is best known as the co-founder and CEO of Hopper, a revolutionary mobile travel booking app. Under his guidance, Hopper has transformed the travel landscape by leveraging massive amounts of data and artificial intelligence to predict future flight and hotel prices with remarkable accuracy, saving users hundreds of millions of dollars. Before Hopper, Frederic co-founded Newtrade Technologies, which was successfully acquired by Expedia in 2002. He subsequently served as a Vice President at Expedia, where he led hotel supplier strategy and developed the Expedia Connect business. His career is marked by a consistent focus on innovating consumer-facing travel products and a deep understanding of market dynamics.

Professional Summary

Frederic Lalonde's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Hopper - Founder & CEO (2007 to Present)
MakeMyTrip.com - Board of Directors (2007 to 2016)
Expedia - Vice President, Hotels & Packages Product Planning (2004 to 2006)
expedia - Vice President, Hotel Supplier Strategy (2002 to 2004)
Newtrade Technologies Inc. - Founder & CTO (1997 to 2002)

Notable Achievements

Co-founder & CEO of Hopper

Co-founded Hopper in 2007 and grew it into a travel-tech 'unicorn' valued at over $5 billion. He led the company to become one of the world's most downloaded travel apps by pioneering the use of AI to create innovative consumer-first fintech products.

Successful Acquisition of Newtrade Technologies

Co-founded and led Newtrade Technologies, an early innovator in travel software, which was acquired by industry giant Expedia in 2002. This successful exit marked his first major entrepreneurial success in the travel tech space.

Pioneering Travel FinTech

Spearheaded the development and integration of unique financial technology products within the Hopper app, such as 'Price Freeze' and 'Cancel for Any Reason,' giving travelers unprecedented flexibility and financial protection.

Leadership at Expedia

Served as a Vice President at Expedia, managing key hotel supplier strategies and the development of the Expedia Connect platform, gaining deep insight into the operations of a global travel leader.

Educational Background

College drop-out

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
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Corporate Finance

Company Overview

Hopper
Total employees2500
HeadquartersMontreal
Founded2007

Hopper is a travel technology company and mobile-first travel agency. Its app uses predictive analytics and big data to forecast flight and hotel prices with up to 95% accuracy, advising users on the best time to book their travel. From an end-user perspective, it's a smart travel companion that helps save money by predicting future prices and sending notifications when it's the right time to buy. Hopper also offers a suite of flexible booking and fintech products, such as Price Freeze and Trip Protection, to provide travelers with more flexibility and financial security.

Hopper Funding Information
$780M - Total Funding Raised
$96M - Most recent funding amount
8 - Number of funding rounds
1 Nov, 2022 - Latest funding round
Lead Investors:
Capital One
Goldman Sachs
Inovia Capital
WestCap
OMERS Ventures
Citi Ventures
Accomplice
Brightspark Ventures

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