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Happay

Bangalore, Karnataka, India

Valuation

$78.1M

2021 Revenue

$26M

Customers

6K

Funding

$21.4M

Avg ACV

$4.3K

Team · 2023

451

Founded

2012

Happay Revenue, Valuation & Funding (2021)

Happay is an Indian fintech company that provides expense management solutions for businesses. Their cloud-based platform allows companies to automate and streamline their expense management processes, including expense reporting, reimbursements, and accounting. The platform provides real-time visibility into employee spending, enabling managers to monitor and control expenses more effectively. Happay also offers a range of features, such as customized spending policies, mobile app access, and integrated payment options, to help businesses manage their expenses more efficiently. The company serves a variety of industries, including healthcare, education, and retail, among others. Happay's goal is to help businesses reduce costs, improve efficiency, and gain greater control over their expense management processes.

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Happay Revenue

In 2021, Happay's revenue reached $26M. Since its launch in 2012, Happay has shown consistent revenue growth.

Happay Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M201220142016201820202021$0$26MSource: GetLatka.com
YearMilestoneSource
2021Happay Hit $26m revenue in April 2021
2012Launched with $0 revenue

Happay Valuation, Funding Rounds

Happay's most recent disclosed valuation is $78.1M.

Happay has raised $21.4M in total funding across 7 rounds, most recently a $2.8M Venture Round round in 2019.

Happay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$5M$0.4$10M$0.6$15M$0.8$20M$1$25M20122013201420152016201720182019Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Venture Round$2.8M--
2018Series B$217.8K--
2017Series B$10.1M--
2015Series A$7.2M--
2015Seed Round$500K--
2013Seed Round$500K--
2013Seed Round$20K--

Founder / CEO

Anshul Rai

CEO

Anshul Rai is listed as CEO at Happay.

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Customers

Happay serves 6K customers.

Happay Employees & Team Size

Happay employs approximately 451 people as of 2026, up from 310 in 2021, including 78 sales reps that carry a quota. It serves 6K customers that rely on its solutions.

Happay Team GrowthReported headcount over time0100200300400500201220142016201820202022202300310310451451Source: GetLatka.com
YearMilestoneSource
2023Reached 451 employees (July 2023)
2021Reached 310 employees (April 2021)

Frequently Asked Questions about Happay

What is Happay's revenue?

Happay generates $26M in revenue.

Who is the CEO of Happay?

The CEO of Happay is Anshul Rai.

How much funding does Happay have?

Happay raised $21.4M across 7 rounds.

How many employees does Happay have?

Happay has 451 employees.

Where is Happay headquarters?

Happay is headquartered in Bangalore, Karnataka, India.

Compare Happay to the industry

Happay operates across multiple industries. Browse revenue, funding, and growth data for Happay in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Happay Revenue 2021: $26M ARR, $78.1M Valuation