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Hipmunk gets another $6 million in capital

04/18/2016| 10:27:47 AM| 中文

Flight and hotel metasearch brand Hipmunk has raised $6 million in venture funding, two years on from its large $20 million round. Hipmunk arrived on the scene in 2010, with a mission to disrupt the flight search sector.

Flight and hotel metasearch brand Hipmunk has raised $6 million in venture funding, two years on from its large $20 million round.

The company says it will not disclose any details regarding the round.

A Form D company filing to the Securities and Exchange Commission in the US says the total amount sold in the round was $5.75 million, with a further $4.25 million still on the table.

The total funding to date is now just short of $47 million in six years.

The biggest round the company has attracted came via Oak Investment Partners in May 2014, a Series C that also included Institutional Venture Partners and Ignition Partners.

Both Institutional and Ignition contributed to a $15 million Series B in June 2012.

Hipmunk arrived on the scene in 2010, with a mission to disrupt the flight search sector (famously saying that it would take on the likes of pre-Priceline Group brand Kayak).

At the centre of its push into the industry was the creation of an “agony index”, giving consumers a different way to search and compare flights on a single page.

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TAGS: metasearch | Hipmunk | funding
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