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Adelaide-founded, San Francisco-based property technology company HappyCo has raised US$52 million ($72 million) to expand its platform, which currently holds data on one in eight professionally managed units in the US and is eyeing the build-to-rent market for growth. Founded in 2011 by Jindou Lee and Andrew Mackenzie-Ross, HappyCo provides workflow software that improves efficiencies and leverages its data to help customers make faster and better decisions, with real-time operational and reporting tools that are utilised by lenders, investors and asset managers.