Companies · Other

Happy Money, Inc.

Tustin · Other

Diligence memoA one-page analyst read on Happy Money, Inc. — recommendation, valuation, rhythm, risks.
$123.7M
Total raised · real
8
Rounds
1.1×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Thu Dec 16 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Happy Money, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.83× the median modeled value of Series C Other companies in 2019–2021 (190 peers) — value vs value, same stage and era.
  • Within the normal band (83% of peer median) for its niche.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

Happy Money, Inc. is one of 25015 Other companies tracked from Tustin. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2021-12-16
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeed · 2009-09-16 Raised $1.7M (real) Modeled valuation $31M (est)Seed2009Seed · 2010-10-05 Raised $979K (real) Modeled valuation $18M (est)Seed2010Seed · 2011-04-29 Raised $728K (real) Modeled valuation $14M (est)Seed2011Seed · 2011-12-30 Raised $2.0M (real) Modeled valuation $38M (est)Seed2011Series A · 2013-05-10 Raised $7.0M (real) Modeled valuation $106M (est)Series A2013Series A · 2013-05-10 Raised $4.5M (real) Modeled valuation $69M (est)Series A2013Series A · 2014-06-20 Raised $12M (real) Modeled valuation $182M (est)Series A2014Series C · 2016-05-31 Raised $47M (real) Modeled valuation $802M (est)Series C2016Series C · 2021-12-16 Raised $53M (real) Modeled valuation $674M (est)Series C2021+$979K+$728K+$2.0M+$7.0M+$4.5M+$12M+$47M+$53MCumulative $128M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.7M · 2009
Seed extension$979K · 2010
Seed extension$728K · 2011
Seed extension$2.0M · 2011
Series A$7.0M · 2013
Series A extension$4.5M · 2013
Series A extension$12.0M · 2014
Series C$46.8M · 2016no Series B on file
Series C extension$52.6M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$674.3M
Base estimate est.
$203.2M
Conservative case
$1.5B
Upside case
$350.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $30.7M · 2009-09-162009Seed · modeled $18.2M · 2010-10-05Seed · modeled $13.5M · 2011-04-29Seed · modeled $37.6M · 2011-12-30Series A · modeled $105.9M · 2013-05-10Series A · modeled $68.7M · 2013-05-10Series A · modeled $181.6M · 2014-06-20Series C · modeled $801.8M · 2016-05-31Series C · modeled $674.3M · 2021-12-162021
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$10.1M/yr
Capital velocity
16.8 yr
On record since
2009
First round
9
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 60× above median
This company$123.7M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.1× above median
This company$52.6M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 38× above median
This company$674.3M
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #138 of 190.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Lonnie Ray Williams Jr Trust · Series C Raised $100.0M · modeled $1.7B (est)Ault Life Sciences, Inc. · Series C Raised $100.0M · modeled $1.7B (est)Watchtower Topco, LLC · Series C Raised $99.7M · modeled $1.7B (est)Watchtower Management Holdco, LLC · Series C Raised $99.2M · modeled $1.7B (est)Alphaeon 1 LLC · Series C Raised $96.8M · modeled $1.7B (est)Jushi Acquisition Corp. · Series C Raised $92.3M · modeled $1.6B (est)Celebrands, LLC · Series C Raised $89.0M · modeled $1.5B (est)Dashlane, Inc. · Series C Raised $129.2M · modeled $1.5B (est)HES Facilities Holdings, LLC · Series C Raised $84.3M · modeled $1.4B (est)Surterra Holdings, Inc. · Series C Raised $98.0M · modeled $1.4B (est)Carmax Inc · Series C Raised $98.2M · modeled $1.4B (est)PEX Management Aggregator, LLC · Series C Raised $87.8M · modeled $1.4B (est)Happy Money, Inc. (this company) Raised $123.7M · modeled $674.3M (est)Happy Money, Inc.
CompanyStageRaised · realValue · estvs peer med.
Lonnie Ray Williams Jr TrustSeries C$100.0M$1.7B2.10×
Ault Life Sciences, Inc.Series C$100.0M$1.7B2.10×
Watchtower Topco, LLCSeries C$99.7M$1.7B2.09×
Watchtower Management Holdco, LLCSeries C$99.2M$1.7B2.08×
Alphaeon 1 LLCSeries C$96.8M$1.7B2.03×
Jushi Acquisition Corp.Series C$92.3M$1.6B1.94×
Celebrands, LLCSeries C$89.0M$1.5B1.81×
Dashlane, Inc.Series C$129.2M$1.5B1.78×
HES Facilities Holdings, LLCSeries C$84.3M$1.4B1.77×
Surterra Holdings, Inc.Series C$98.0M$1.4B1.74×
Carmax IncSeries C$98.2M$1.4B1.72×
PEX Management Aggregator, LLCSeries C$87.8M$1.4B1.69×
Happy Money, Inc. this companySeries C$123.7M$674.3M0.83×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.7M2009-09-16$8.3M$30.7M85%
Seed$979K2010-10-05$4.9M$18.2M85%
Seed$728K2011-04-29$3.6M$13.5M85%
Seed$2.0M2011-12-30$10.1M$37.6M85%
Series A$7.0M2013-05-10$31.8M$105.9M85%
Series A$4.5M2013-05-10$20.6M$68.7M85%
Series A$12.0M2014-06-20$54.5M$181.6M85%
Series C$46.8M2016-05-31$311.7M$801.8M85%
Series C$52.6M2021-12-16$350.4M$674.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.7M2009-09-16
    • First recorded raise — entered as Seed.
    • 33 investors on this round.
  2. Seed$979K2010-10-05
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  3. Seed$728K2011-04-29
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  4. Seed$2.0M2011-12-30
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 14 investors on this round.
  5. Series A$7.0M2013-05-10
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 35 investors on this round.
  6. Series A$4.5M2013-05-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • Switched to Rule 06 (was Rule 506(b)).
    • 33 investors on this round.
  7. Series A$12.0M2014-06-20
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 28 investors on this round.
  8. Series C$46.8M2016-05-31
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
    • 56 investors on this round.
  9. Series C$52.6M2021-12-16
    • Raised again after 67 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~18mo cadence
$59.1M
Modeled next size est.range $52.6M$94.5M
1.1×
Last step-up
$10.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Sean Park4 other2021-12
Brian Kaas3 other2021-12
Scott Walchek3 other2021-12
Joe Saunders2 other2021-12
Matt Wilson1 other2021-12
Eden Warner2009-09
Jeff Winner2021-12
Jim Scott Lane2014-06
Joe Scott Saunders2013-05
Josh Scott Resnick2013-05
Kumar Anjali2021-12
Matt Scott Wilson2016-05
Mohamed Scott El-Erian2014-06
Ralph Scott Saunders2013-05
Ralph Scott Saunders, III2013-05
Scott Saunders2009-09
Sean Scott Park2013-05
Tracy Edkins2021-12
Warner Scott Eden2013-05
Registry & provenance

Happy Money, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1488773
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Trov, Inc.Other TechnologySeries C$76.5M$13.4Mnetwork2 shared operators · same stage
Happy Money Holdings, Inc.OtherSeries D+$145.6M$1.5Bnetwork1 shared operator · same sector
Vp plcOtherSeries C$123.5M$571.8Msame sector · same stage
Sitetracker, Inc.OtherSeries C$121.5M$763.9Msame sector · same stage
Hebbia Inc.OtherSeries C$121.1M$744.8Msame sector · same stage
Odyssey Logistics & Technology CorpOtherSeries C$128.5M$685.8Msame sector · same stage
AltSchool, PBCOtherSeries C$118.5M$685.8Msame sector · same stage
RoRa Holdings SPCOtherSeries C$132.0M$652.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Happy Money Holdings, Inc.OtherSeries D+$1.5B96%
Happy Returns, Inc.OtherSeries A$121.1M88%
Happy Head, Inc.OtherSeed$30.4M87%
Happyly, Inc.OtherPre-Seed$6.3M86%
HappyNest, Inc.OtherSeed$18.8M85%
Money to Play, Inc.OtherPre-Seed$23.1M83%
Happy Supplements Inc.OtherSeed$52.7M83%
Happy Medium Creative Goods, Inc.OtherSeed$4.2M83%
Frequently asked
How much funding has Happy Money, Inc. raised?
Happy Money, Inc. has raised approximately $123.7M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Happy Money, Inc.'s estimated valuation?
Provath's modeled valuation for Happy Money, Inc. is approximately $674.3M (modeled range $203.2M–$1.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Happy Money, Inc. at?
Happy Money, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Dec 16.
What does Happy Money, Inc. do and where is it based?
Happy Money, Inc. operates in the Other sector, based in Tustin.
Explore related

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