Philly-based Startup HopSkip Raises $3M in Funding to Fuel Growth, Expand Its Reach
Philadelphia software startup HopSkip managed to raise $3 million in the latest financing round and is planning on using the money to fuel growth and expand its reach, writes Ryan Mulligan for the Philadelphia Business Journal.
The company is led by co-founder and CEO Sean Whalin, a Comcast Business alum. He started HopSkip in 2019 with his brother Luke Whalin and Greg Leizerowicz.
The software-as-a-service company’s latest seed round was led by Silicon Valley-based Conductive Ventures.
“It’s to triple down on investment in the platform,” said Whalin. “What I mean by that is we see a lot of opportunities and there’s a lot of work to be done in our space that we feel like we’ve just started to scratch the surface.”
The company offers a streamlined platform that focuses specifically on corporate events. This can assist organizations that are looking to book group stays and events at hotels.
HopSkip already has over 1,000 event planners on board who can use the company’s platform to book blocks at around 150,000 hotels in North America, Europe, and the Caribbean.
The goal now is to broaden HopSkip’s geographic reach as well as how customers can book their events.
Read more about HopSkip and its future plans in the Philadelphia Business Journal.
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