HappyCo (“HappyCo” or the “Company”), a leading property operations platform for multifamily housing, announced today it has received a significant investment from Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the technology ecosystem. This partnership will accelerate HappyCo’s vision by supporting continued investment in product innovation, AI, and customer success. HappyCo’s management team, led by Founder and CEO Jindou Lee, will continue to lead the Company.

Founded in 2011, HappyCo has evolved from an inspections solution into a comprehensive property operations platform spanning maintenance, asset management and sourcing workflows. The Company has invested heavily in its artificial intelligence orchestration layer, JoyAI, which automates and optimizes tasks so onsite teams can work smarter and accomplish more. Today HappyCo serves many of the multifamily industry’s leading owners and operators, including the majority of NMHC’s top 50 managers, with its products deployed across more than five million apartment homes.

“For more than a decade, we’ve been focused on solving real operational problems for our customers,” said Jindou Lee, Founder and CEO of HappyCo. “Today marks the beginning of the next chapter in that journey. Our customers consistently tell us two things — ­­­they want best-in-class software and they want products to work together seamlessly. Our partnership with Lone View will enable us to continue building exceptional products and collaborating with other great companies to deliver even more value for our customers.”

“We’re excited to partner with Jindou and the entire HappyCo team as they execute on the next phase of their vision. HappyCo has built a market-leading platform, earned the trust of the industry’s largest owners and operators, and established a strong foundation for future growth,” said Doug Ceto, Partner at Lone View. “We look forward to bringing our experience scaling technology businesses to help HappyCo build on their strong momentum and support their long-term growth.”

Houlihan Lokey served as financial advisor and DLA Piper served as legal counsel to HappyCo. Ropes & Gray served as legal counsel to Lone View.

About HappyCo

HappyCo is the AI-led property operations platform built on more than a decade of maintenance interactions and one billion items inspected to date. From inspections and work orders to turns and asset histories, HappyCo captures what happens at the unit level and elevates it — optimizing everything from vendor sourcing and vendor management to unit renovations and performance at the property and portfolio level. The platform serves more than four million multifamily units, integrates with leading service execution and property management systems, and is SOC 2 compliant. For more information about HappyCo’s offerings, visit https://happy.co/.

About Lone View Capital

Lone View Capital is a growth-oriented private equity firm investing across the technology ecosystem. Its team comprises both investors and operators who leverage their deep domain expertise to help exceptional management teams build, transform, and grow market-leading businesses. The firm is based in Los Angeles, CA. For more information about Lone View’s investment strategy and model, visit https://loneviewcap.com/.

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