# Happeo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/happeo

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.happeo.com
- Total disclosed funding: $46M
- Latest round: Series B (Jul 7, 2022)
- Investors on record: 7

## About

Happeo Oy specializes in enhancing internal communications and employee engagement through an AI-powered intranet platform that integrates seamlessly with tools like Google Workspace and Microsoft 365.Founded in 2017 and headquartered in Helsinki, Finland, Happeo Oy provides an innovative intranet solution that empowers organizations to improve internal communication and knowledge management. The company was established by Antero Hanhirova, Perttu Ojansuu, and Vesa Sironen, with Perttu Ojansuu serving as CEO. Happeo has raised a total of USD 26.00 mn through multiple funding rounds, the latest being a Series B round amounting to USD 26.00 mn, attracting investors such as EVLI Growth Partners and Endeit Capital. The firm has completed four investment deals to date.Happeo's core offerings revolve around an AI-powered intranet designed to enhance internal communications, knowledge management, and employee engagement across organizations. The platform integrates with popular tools such as Google Workspace and Microsoft 365, creating a centralized workspace for employees to connect and collaborate. It features structured internal communication channels, AI-powered enterprise search, and a governance system for managing knowledge. Happeo serves diverse sectors including education, real estate, technology, and retail, catering to both small and large organizations, particularly in North America and Europe.In the most recent year, 2023, Happeo reported revenue of USD 10,292,881.30, with an EBITDA of USD -3,205,163. The company generates income primarily through a subscription-based model, offering varying levels of access to its intranet platform and features, which support different organizational sizes and needs.Happeo Oy plans to launch new products aimed at enhancing its intranet capabilities, although specific release dates have not been disclosed. The company is targeting expansion into additional international markets, with a focus on strengthening its presence in North America and Europe by the end of 2024. Recent funding, including an undisclosed amount from new investor Lagoon Capital, will be allocated to support these initiatives and facilitate the development of new offerings.

## Funding rounds

- Series B, Jul 7, 2022, $26M — Inkef, Endeit Capital, Vendep, Smartfin, Maki.vc, EVLI Growth Partners
- Series A, May 20, 2020, $12M — DN Capital, Inkef, Vendep, Maki.vc
- Seed, Jul 24, 2018, $8M — DN Capital, Vendep, Maki.vc

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Seed, Series A
- Vendep (https://capitalatlas.ai/funds/vendep) — Seed, Series A, Series B
- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Seed, Series A, Series B
- Inkef (https://capitalatlas.ai/funds/inkef) — Series A, Series B
- Endeit Capital (https://capitalatlas.ai/funds/endeit-capital) — Series B
- Smartfin (https://capitalatlas.ai/funds/smartfin) — Series B
- EVLI Growth Partners (https://capitalatlas.ai/funds/evli-growth-partners) — Series B