Hipmunk
 |
|
| Private | |
| Industry | Software, Travel, Internet |
| Founded | 2010 |
| Headquarters | San Francisco, United States |
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Key people
|
Adam Goldstein, CEO Steve Huffman, Co-founder |
| Products | Software |
|
Number of employees
|
75+ |
| Parent | Concur Technologies |
| Website | hipmunk.com |
Hipmunk, stylized as hipmunk, is a consumer-oriented online travel company headquartered in San Francisco, California. It was co-founded by Adam Goldstein and Reddit co-founder Steve Huffman in 2010. The company focuses on the visual organization of flight search results. It received increased media attention when Google announced its flight search service in September 2011.
In June 2012, Hipmunk raised $15m in Series B funding led by Institutional Venture Partners, bringing their total funding to $20m. In May 2014, the company announced that it raised a $20 million Series C funding round. The round was led by Oak Investment Partners, which has had a great deal of experience in consumer travel. Existing partners Institutional Venture Partners and Ignition Partners also played a role in the new funding, alongside Hipmunk's angel investors. In September 2016, Hipmunk entered into an agreement to be acquired by Concur, a travel management company owned by SAP SE.
Hipmunk presents search results chronologically by time of day on a single page. Flights are ranked by price, schedule, and "agony", a score based on factors such as duration of the flight and number of stops. The search engine also ranks hotels, filtered by price, reviews, and an "ecstasy" rating. Aside from flights and hotels, the service looks up airbnb results and sorts relevant train routes provided by Amtrak.
The company makes money by collecting commissions for directing flight and hotel purchase traffic to airlines, hotels, and other travel-search sites. For example, Orbitz pays Hipmunk its standard rate of $3 per flight sold.
Hipmunk is programmed using Python and Tornado and rents infrastructure from Amazon EC2.
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Wikipedia