HappyCo Completes $10.8M Series A Funding Round

HappyCo, a San Francisco-based software company that builds mobile and cloud solutions to enable real-time property operations, completed the third and final tranche of its Series A funding round.

The round – totalling $10.8M – was led by Sydney-based Alium Capital Management, which specializes in pre-IPO companies, with participation from Tempus Partners and PieLab Venture Partners, as well as existing investors Larsen Ventures and Sandalphon Capital.

The company intends to use the funds to expand R&D operations in Australia and the U.S. and build out the support team to sustain its Asia-Pacific customer base.

Founded in Adelaide in 2011 and based in San Francisco since 2012, HappyCo is a real-time operations platform for inspecting, managing and monitoring residential properties and commercial facilities, and is used to manage more than 1.2 million units by companies such as Airbnb, Softbank/Fortress and Vicinity Centres.

FinSMEs

26/03/2018

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