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How Happay CEO Anshul Rai grew Happay to $26M revenue and 6K customers in 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 by year$0$6M$12M$18M$24M$30M201220142016201820202021$0$26MSource: GetLatka.com
YearMilestoneQuote
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$5M$10M$15M$20M$25M201220132014201520162017201820192012 cumulative: $0 • 2012 Founded: $02013 cumulative: $20K • 2012 Founded: $0 • 2013 Seed Round: $20K2013 cumulative: $520K • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K2015 cumulative: $1M • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K • 2015 Seed Round: $500K2015 cumulative: $8M • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K • 2015 Seed Round: $500K • 2015 Series A: $7M2017 cumulative: $18M • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K • 2015 Seed Round: $500K • 2015 Series A: $7M • 2017 Series B: $10M2018 cumulative: $19M • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K • 2015 Seed Round: $500K • 2015 Series A: $7M • 2017 Series B: $10M • 2018 Series B: $218K2019 cumulative: $21M • 2012 Founded: $0 • 2013 Seed Round: $20K • 2013 Seed Round: $500K • 2015 Seed Round: $500K • 2015 Series A: $7M • 2017 Series B: $10M • 2018 Series B: $218K • 2019 Venture Round: $3M$21M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
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--

Happay Employees & Team Size

Happay employs approximately 451 people as of 2026, up from 310 in 2021.

Happay has 451 total employees in different roles and functions and 78 sales reps that carry a quota. They have 6K customers that rely on the company's solutions.

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

Founder / CEO

Anshul Rai

Anshul Rai is listed as Founder / CEO at Happay.

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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.

How many employees does Happay have?

Happay has 451 employees.

Where is Happay headquarters?

Happay is headquartered in Bangalore, Karnataka, India.

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Compare Happay to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Data Disclaimer

All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.

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