HappyCo Wins Prestigious PropTech Breakthrough Award For “Residential Property Management Platform of the Year”

SAN FRANCISCO – August 18, 2022 – HappyCo, the number one residential operations platform for real-time rental property condition data collection and utilization, today announced it has been named “Residential Property Management Platform of the Year” in the annual PropTech Breakthrough Awards program conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products and services around the globe.

HappyCo is a leading mobile inspection solution for property managers. HappyCo’s maintenance software can be customized to meet the specific needs of various properties, though its most prominent use is in multifamily rentals throughout the U.S.

The Happy Property Suite enables efficient workflows for onsite teams and data aggregation across portfolios. Property managers and maintenance supervisors can easily conduct unit and building inspections, assign necessary work orders, and manage the turnkey process - while asset managers and investors can readily access structured data and insights across their multifamily portfolios.

HappyCo data is used to provide vital underwriting information to lenders, investors, and asset managers, and empowers property managers with real-time operational tools and reporting, reducing the time it takes to close a deal. Assessment data, including property- and unit-level photographs, are required for every property loan and are valuable in underwriting investments. Gathered by inspectors and underwriters utilizing HappyCo’s technology and stored on its platform, the images and data for millions of residential units are easily available to lenders, investors, and property managers.

The newest addition to the HappyCo operations platform is Happy Force, a virtual maintenance service that connects qualified technicians with residents to address simple maintenance items with the intent of reducing the strain on onsite property teams.

The mission of the annual PropTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the real estate technology industry today. This year’s program attracted more than 1,500 nominations from over 12 different countries throughout the world.

“The traditional inspection process for rentals can be a clunky operation riddled with loopholes, resulting in a lack of sufficient documentation, and often leaving landlords footing the bill for damages caused by tenants. Additionally, for a long time there was nothing in the marketplace to help streamline these functions for landlords,” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “HappyCo has completely transformed and simplified the way inspections are carried out at thousands of multifamily rental properties across the country. Congratulations on being our choice for ‘Residential Property Management Platform of the Year.’”

In 2022, HappyCo reached the 10 million completed inspections milestone and provided condition assessments and reporting for more than 1.5 billion square feet of multifamily and single-family rental homes in the U.S. Over the last year alone, 2.6 million inspections were completed using HappyCo.

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About HappyCo

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 software suite includes market-leading condition assessment and workflow tools with in-unit data on over 3.5 million rental homes. Founded in 2011, the company is privately held with offices in San Francisco, California, and Adelaide, Australia.

About PropTech Breakthrough

Part of Tech Breakthrough, a leading independent market intelligence organization for global technology innovation and leadership, the PropTech Breakthrough Awards program is dedicated to honoring and recognizing the creativity, hard work and success of companies, technologies and products in the larger field of real estate technology. The PropTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough Real Estate Technology companies and products in categories including Financing, Property Management, Short Term & Vacation Rental, Shared Space, Marketplaces, Investment & Crowdfunding, Agent Tools & Services, Property Closing, Insurance, Construction Tech and more. For more information, visit PropTechBreakthrough.com

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