Happy Money Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 423

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 14

Happy Money General Information

Description

Developer of a financial platform designed to help individuals get out of debt and build savings for future use. The company's platform helps its members to integrate a package of products and services that includes a loan to refinance credit card debt, support from dedicated member advocates, access to ongoing education, and the consistent application of psychometric research and psychology to drive positive and sustained behavior change along the path to financial wellness, enabling clients to get an easy way to pay off the loan and increase credit score.

Contact Information

Formerly Known As
Payoff, Payoff.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 21515 Hawthorne Boulevard
  • Suite 200
  • Torrance, CA 90503
  • United States
+1 (949)
Primary Industry
Consumer Finance
Other Industries
Financial Software
Vertical(s)
Corporate Office
  • 21515 Hawthorne Boulevard
  • Suite 200
  • Torrance, CA 90503
  • United States
+1 (949)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Happy Money Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private Completed Generating Revenue
9. Merger/Acquisition 14-Aug-2023 Cancelled Generating Revenue
8. Later Stage VC 04-Jan-2024 Completed Generating Revenue
7. Later Stage VC (Series D1) 08-Feb-2022 Completed Generating Revenue
6. Later Stage VC (Series D) 05-Sep-2019 Completed Generating Revenue
5. Later Stage VC 10-Aug-2018 Completed Generating Revenue
4. Later Stage VC (Series C) 15-Jun-2016 Completed Generating Revenue
3. Later Stage VC (Series B) 03-Dec-2014 Completed Generating Revenue
2. Early Stage VC (Series A) 03-Dec-2013 $7M $12.4M Completed Startup
1. Early Stage VC (Series AA) 11-Jan-2012 $5.38M $5.38M Completed Startup
To view Happy Money’s complete valuation and funding history, request access »

Happy Money Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D-1B
Series D-1A
Series D
Series C
Series B
Series AB 24,138,185 $0.000000 $0.29 $0.29 1x $0.29 7.94%
Series AA 25,667,218 $0.000000 $0.29 $0.29 1x $0.29 8.45%
To view Happy Money’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Happy Money Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial platform designed to help individuals get out of debt and build savings for future use. The com
Consumer Finance
Torrance, CA
423 As of 2024

Santa Monica, CA
 

Chicago, IL
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Happy Money Competitors (49)

One of Happy Money’s 49 competitors is Tala, a Private Equity-Backed company based in Santa Monica, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tala Private Equity-Backed Santa Monica, CA
Avant (Financial Software) Private Equity-Backed Chicago, IL
RateSetter Formerly VC-backed London, United Kingdom
Zopa Venture Capital-Backed London, United Kingdom
WeLab Holdings Venture Capital-Backed Shenzhen, China
You’re viewing 5 of 49 competitors. Get the full list »

Happy Money Patents

Happy Money Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220122171-A1 Client server system for financial scoring with cash transactions Pending 15-Oct-2020
US-20210374863-A1 Interactive virtual assistant system Active 18-May-2017
WO-2018213741-A2 Interactive virtual assistant system and method Inactive 18-May-2017
WO-2018213741-A3 Interactive virtual assistant system and method Inactive 18-May-2017
EP-1559646-A1 Measurement of a pressure on a sail Inactive 02-Feb-2004 B63H9/04
To view Happy Money’s complete patent history, request access »

Happy Money Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Happy Money Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alt Option Return Venture Capital Minority
Broadshade Investments Venture Capital Minority
Karmel Capital PE/Buyout Minority
Rational Innovation Venture Capital Minority
Pure Imagination Brands Angel Group Minority
You’re viewing 5 of 14 investors. Get the full list »

Happy Money FAQs

  • When was Happy Money founded?

    Happy Money was founded in 2009.

  • Where is Happy Money headquartered?

    Happy Money is headquartered in Torrance, CA.

  • What is the size of Happy Money?

    Happy Money has 423 total employees.

  • What industry is Happy Money in?

    Happy Money’s primary industry is Consumer Finance.

  • Is Happy Money a private or public company?

    Happy Money is a Private company.

  • What is Happy Money’s current revenue?

    The current revenue for Happy Money is .

  • How much funding has Happy Money raised over time?

    Happy Money has raised $194M.

  • Who are Happy Money’s investors?

    Alt Option Return, Broadshade Investments, Karmel Capital, Rational Innovation, and Pure Imagination Brands are 5 of 14 investors who have invested in Happy Money.

  • Who are Happy Money’s competitors?

    Tala, Avant (Financial Software), RateSetter, Zopa, and WeLab Holdings are some of the 49 competitors of Happy Money.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process