Participated · Equity · Jan 2022

HappyCo is a real estate software company that develops mobile and cloud solutions to enable real-time operations data for property managers, asset managers, lenders and investors. Its core product is a residential operations platform offering condition assessment and workflow tools with in-unit data on over 3.5 million rental homes. The suite supplies underwriting information to lenders, investors and asset managers and empowers property managers with real-time operational tools and reporting. Current customers include Freddie Mac; lenders such as Walker & Dunlop, Berkadia, and Greystone; investors including CA Ventures and Maxus Properties; and property managers such as Cushman & Wakefield and AMC. The company intends to use the newly raised funds to expand its platform and add new services. Founded in Australia in 2011 and based in San Francisco and Adelaide, HappyCo positions itself as a data provider for rental housing operations. HappyCo builds mobile and cloud solutions to enable real-time property operations, including tools for inspecting, managing and monitoring residential properties and commercial facilities. The platform is used to manage more than 1.2 million units and counts customers such as Airbnb, Softbank/Fortress and Vicinity Centres. Founded in Adelaide in 2011 and based in San Francisco since 2012, the company serves a global customer base with particular activity in the Asia‑Pacific region. HappyCo completed the third and final tranche of its Series A in March 2018 and intends to use the proceeds to expand R&D operations in Australia and the U.S. and to build out its support team to sustain its Asia‑Pacific customer base. The article does not provide additional financial metrics beyond the fundraising and units under management. HappyCo is a San Francisco-based provider of a SaaS mobile inspection platform for real-time operations management of residential properties, commercial facilities and enterprise workforces. Led by CEO Jindou Lee, the company’s flagship product, Happy Inspector, is used by thousands of companies and has facilitated more than 1.3 million inspections and more than 20 million inspection photos. The company completed a $7.5M Series A funding round in May 2016. HappyCo intends to use the funds to expand its engineering and sales teams, continue increasing its customer base, enter new verticals and add to its product suite. The capital is intended to accelerate product development and sales growth across existing and new markets.

Participated · Series A · Jun 2021

Markerr is an NYC-based analytics platform that leverages real-time data and machine learning to deliver property- and market-level analytics for institutional owners and operators. The platform ingests massive datasets at scale, then cleanses, transforms, and connects them using MarkerrID, a unique identifier that links disparate asset-level data. Markerr says its tools enable clients to make confident and efficient decisions and it launched several products in 2022, including RealRent, RealRank, Population Nowcast, new demand and supply indicators (Crime and New Construction), and expanded property Listings data. Financially, the company reported ARR growth of 95% year over year and net retention surpassing 140%. The company intends to use the new funds to expand operations and broaden its business reach. Markerr provides data feeds, dashboards, reports and forecasts that deliver granular, timely insights about supply and demand dynamics for any location. Its Property Data product includes information on over 150 million U.S. single-family, multifamily, and mixed-use properties, with transactions, taxes, square footage and supply connected at the asset level via MarkerrID. MarkerrID is a proprietary property-level identification system that enables clients and partners to incorporate asset-level data into Markerr’s models and dashboards. Clients—including investors, owners and operators across multifamily, single-family rental, industrial, retail and office—rely on Markerr’s forecasts and datafeeds to more accurately evaluate properties, forecast rent growth, and improve underwriting. The company is expanding its product suite and continuing investments in data science and technology innovation to support deeper property-level analysis and forecasting. Markerr offers a data and insights platform that links multiple proprietary and alternative data sources to surface analysis on people, jobs, income, spending and economic trends tied to any location. Its Property Evaluation dashboard lets users assess drivers such as population growth, per capita income, and hiring by company and salary, and compare metrics to block group, submarket and MSA benchmarks. The product is delivered via dashboards, complete datasets and research reports aimed at real estate investors and multifamily owners. Markerr positions its technology as a central data and insights platform to power commercial real estate decision‑making by combining data science and domain expertise. The company says its insights help clients more accurately forecast rental rates and accelerate investment decisions. Brian Lichtenberger is CEO and Founder.