Lone View Capital has made an undisclosed significant investment in Happy Co, a property operations platform for multifamily housing. The partnership aims to accelerate product innovation and expand the platform's reach, with continued investment in artificial intelligence and customer success.

Founded in 2011, Happy Co has grown from an inspections tool into a broader property operations platform spanning maintenance, asset management and sourcing workflows. Its AI orchestration layer, Joy AI, automates and optimizes tasks for onsite teams. The platform is deployed across more than five million apartment homes.

Happy Co's customers include most of NMHC's top 50 multifamily managers, and the platform has processed more than one billion inspected items to date. Founder and CEO Jindou Lee will continue to lead the company. Doug Ceto, partner at Lone View, praised Happy Co's market-leading position and strong foundation for future growth.

Houlihan Lokey acted as financial adviser and DLA Piper as legal counsel to Happy Co. Ropes & Gray served as legal counsel to Lone View.