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Hipmunk

Private Company Ticker Symbol™: (HIPMP)
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Business Summary

Hipmunk is a privately-held, venture capital backed online travel company. Unlike competitors, Hipmunk presents search results through a timeline based on time of day and ranked by multiple innovative filters, which keeps its interface clean and streamlined for the user experience. The private company was founded in 2010 by Adam Goldstein and Steve Huffman, and is headquartered in San Francisco, California.

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Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2010
Fiscal Year End:12/31
1YR Employee Growth Rate:View %
City:San Francisco
State/Province:California
Country:United States
Website:www.hipmunk.com
Twitter:http://www.twitter.com/@thehipmunk
Blog:http://blog.hipmunk.com

Corporate Organization

Founders:
Adam Goldstein
Steve Huffman

Industry Information

Industry Codes

PICS™:900142™
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > E-Commerce > Online Travel Arrangement Services

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

Travelocity
TripAdvisor LLC

Charts, Financials, and Statistics (Table Format)

Below are Hipmunk financials and other business metrics displayed in table format.
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Employee Figures20112010
Total EmployeesViewView
Notes
Financial Notes:
*Hipmunk fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Hipmunk financials and other business metrics displayed in table format.
(Copy and paste into spreadsheet or export all Hipmunk financials to Excel and create your own graphs.)
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Hipmunk Total Employees:
(Displayed as graph)

Sample Graph
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Hipmunk displays the venture capital rounds, angel investments, debt or other funding raised by Hipmunk.
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DateInvestorRoundInvestor Type
Aug. 2010ViewSeedBusiness Incubator / SBDC
DetailsTotal Round Seed View
Oct. 2010ViewSeedVenture Capital
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
Oct. 2010ViewSeedAngel / Individual
DetailsTotal Round Seed View
Jan. 2011ViewAPrivate Equity & Venture Capital
Jan. 2011ViewAAngel / Individual
Jan. 2011ViewAAngel / Individual
Jan. 2011ViewAAngel / Individual
Jan. 2011ViewAAngel / Individual
Jan. 2011ViewAAngel / Individual
DetailsTotal Round A View
Jun. 2012ViewBVenture Capital
Jun. 2012ViewBPrivate Equity & Venture Capital
DetailsTotal Round B View
Total of Funding Shown Above View

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Detailed Business Description: Hipmunk

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Hipmunk. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Hipmunk is a privately-held. online, consumer-oriented travel company, headquartered in San Francisco, CA. Its interface presents search results on a single page within a timeline that shows listings based on time of day. Furthermore, the search engine ranks flights by both typical metrics like "price" and "schedule" and unique criteria like "agony" and "ecstasy". The private company was co-founded by Adam Goldstein and Reddit co-founder Steve Huffman in 2010.

Business Model

Hipmunk was designed to help people who want to plan trips but are overwhelmed by pages of irrelevant search results. Flight results are presented in a visual "timeline" that allows people to select the best flight for them at a glance. Hotel results are shown on a map so that users can view where in a destination they will be staying and the landmarks near them. Instead of a wall of text that spans several pages, Hipmunk provides one simple clean interface to see all the flights and compare them with one… Continue Reading →

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Supplemental Resources

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