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HappyCo

With in-unit data on over 3.5 million multifamily and single-family rental homes – notably one out of every eight professionally managed units in the US– HappyCo is the leading source of condition assessments and workflow tools. HappyCo provides vital underwriting information to lenders, investors and asset managers, and empowers property managers with real-time operational tools and reporting. In 2021, HappyCo data was relied upon to transact approximately 26% of all US sale transactions of multifamily units.

HappyCo was founded in Adelaide, Australia in 2011 by successful entrepreneur turned real estate investor Jindou Lee and software engineer Andrew Mackenzie-Ross. Today, HappyCo is the number one residential operations platform for real-time rental property condition data collection and utilisation. Current HappyCo customers include Freddie Mac; lenders such as Walker & Dunlop, Berkadia, and Greystone; real estate investors, including CA Ventures and Maxus Properties; and property managers such as Cushman & Wakefield and AMC.

Our team are everyday people working together toward a shared purpose — improving people’s lives. We are thinkers, talkers, planners, makers, builders, and everything in between. Together, we’re turning our passions into happier communities.

Industries
Hi-Tech, Digital, Business Services
Region
Adelaide Metro
Founders
Jindou Lee, Andrew Mackenzie-Ross
Founded
October 2011

Get in touch

38 Gawler Place, Adelaide SA 5000

Milestones

01 October 2011
Company founded
Jindou Lee and Andrew Mackenzie-Ross found Happy Inspector in Adelaide, Australia to enable better property inspections.
01 October 2012
500 Startups
HappyCo raises its first seed round from 500 Startups and leading angel investors.
01 January 2013
San Francisco office opens
New headquarters are established in San Francisco, California.
01 December 2013
10,000 units
HappyCo celebrates over 10,000 units on the Happy Platform
01 June 2014
Adelaide office opens
The Australian office opens in Adelaide to house HappyCo’s engineering and design teams
01 December 2014
Series A1
HappyCo raises its Series A1 with Point Nine Capital leading the round
01 January 2012
Happy Inspector iOS
The first version of the Happy Inspector mobile app launches on Apple’s iOS platform.
01 July 2015
Happy Inspector web
The Happy Platform expands beyond mobile to web, adding remote management capabilities.
01 October 2015
Happy Inspector Android
The Happy Inspector mobile app launches on Google’s Android platform.
01 April 2016
1M Inspections
HappyCo celebrates the one-millionth inspection powered by our platform.
01 October 2016
Series A2
HappyCo raises its Series A2 with investors Sandalphon Capital, Larsen Ventures, and E-Merge participating in the round.
01 November 2016
25M photos
HappyCo celebrates more than 25 million photos captured with Inspections.
01 August 2017
Due Diligence
HappyCo launches Due Diligence module for faster, more accurate property acquisitions.
01 December 2017
Lease File Audit
HappyCo transforms lease file audits with collaborative web-based tools and reports.
01 January 2018
1M units
The Happy Platform welcomes its millionth unit.
01 March 2018
Series A3
HappyCo raises its Series A3 with investors PieLab Council Capital, Alium Capital Management, and Tempus Partners participating in the round.
01 June 2018
Insights
Powered by Looker, HappyCo’s Insights drives smarter business decisions with instant intelligence on property data.
01 April 2019
100M photos
HappyCo celebrates more than 100 million inspection photos.
01 October 2019
Tasks
HappyCo launches Tasks, a tool to streamline work orders and empower better maintenance.
01 May 2020
Live Inspections
Live Inspections launches, allowing property managers to conduct reliable, virtual inspections, minimizing travel for safer, more efficient operations.
01 May 2020
Guest Inspections
The Guest inspection feature empowers residents or vendors to complete web-based remote inspections, no app or registration required.
01 January 2022
Strategic Investments
HappyCo raises strategic investment from industry leading real estate firms including CA Ventures and Callahan Family Office.
01 February 2021
Happy Suites Introduced
HappyCo launches the Happy Property, Happy Lending, and Happy Due Diligence suites to address multifamily’s most critical property operations and acquisitions workflows.
18 January 2022
Series B
HappyCo raises $52M USD in funding led by Camber Creek to accelerate the expansion of its platform and addition of new services.

Team

Jindou Lee
CEO & Founder
jindou
Andrew Mackenzie-Ross
Founder
mackross
Kim Seppelt-Deakin
Director of Design
kimsd
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