“HappyCo is a modern Australian success story, and we see a very bright future ahead because of its industry-leading technology and proven track record of execution,” says Alium Partner Rajeev Gupta. “We focus our investments in Australia-based companies that will build highly-scalable and globally-dominant businesses, and HappyCo has that perfect recipe.”

With this round, HappyCo will invest in R&D operations in Australia and the U.S. and build out the support team to sustain its growing Asia-Pacific customer base. This round demonstrates HappyCo’s increasing market share as a leading technology provider to Australia’s real estate and financial sectors. Chris Rolls, Managing Director of PieLab, says, “We’re delighted to be involved with such a high-growth business that is playing a critical part in the technology ecosystem of the global real estate management market. HappyCo’s platform is deeply integrated into the operations of companies who manage billions of dollars of property globally.”

Alister Coleman, Managing Partner of Sydney-based venture capital firm Tempus Partners, believes HappyCo is a key player in disrupting one of the world’s most valuable industries. “Jindou and the HappyCo team have built a world-class platform that is transforming the way property and site inspections are conducted across the corporate-managed real estate industry — a market with over 7 trillion dollars of assets that is in the middle of migrating to the cloud. We are thrilled to back a laser-focused team that has achieved international success and a global customer base, yet retained its engineering talent and roots in Adelaide.”

ABOUT HAPPYCO

HappyCo (happy.co) is a San Francisco-based software company that builds mobile and cloud solutions to enable real-time property operations. Its Happy Inspector product is used by thousands of companies and has captured more than 100 million items inspected. The company was founded in 2011 and is privately held.