Summary
Citi Ventures has invested in the recent $100 million financing round for Hopper.
Hopper is a fast-growing company that has developed an AI-driven online travel booking application.
Citi has sharply increased its strategic investment pace in 2018 as the firm seeks to invest across a range of industries and applications.
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Quick Take
Citi Ventures (C) has invested in Hopper's recent Series D funding round of $100 million.
Hopper is commercializing a mobile-only online travel booking platform.
Citi has been increasing its investment pace in 2018 as the firm seeks to stay abreast of technological developments that impact its numerous business segments.
