# Happeo funding: rounds and investors

> Happeo has raised $34M across 2 rounds since 2018. Investors include DN Capital, Vendep Capital and maki.vc. Every round with its source.

Source: https://millionrounds.com/company/happeo (Millionrounds; every figure on the page links to its filing or article)

Finland · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Happeo*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2018, from 2 sources

**$8.0M** Round **$26M** Series B

- **Latest round:** Series B, $26M Jul 2022
- **Step-up i:** 3.3×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022

**$8.0M** Round

**$26M** Series B

- **First round:** Round, $8.0M
- **Biggest round:** $26M
- **Between rounds:** 3.9 years

## The rounds

- **Jul 2022** Series B **$26M** *2 returning* [DN Capital](https://millionrounds.com/fund/dn-capital) [Vendep Capital](https://millionrounds.com/fund/vendep-capital) Source recorded
- **Jul 2018** Round **$8.0M** *3 new* [DN Capital](https://millionrounds.com/fund/dn-capital) [Vendep Capital](https://millionrounds.com/fund/vendep-capital) [maki.vc](https://millionrounds.com/fund/maki-vc) Reported by FinSMEs

## Founders and team

From Happeo's own website: 7 on the team.

- **Adam Cleaver** Director of Technology
- **Emily Stimler** Employee Communications Manager
- **Emma Viane** Operations & Systems Specialist
- **Jonathan Swengler** Director of Internal Communications
- **Kim Martin** Internal Communications Manager
- **Lameshnee Chetty** Operations Director
- **Ronny Bryant** Manager Technology Services

Advisers *Dennis de Bruin*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series B** 2022 [DN Capital](https://millionrounds.com/fund/dn-capital) [Vendep Capital](https://millionrounds.com/fund/vendep-capital) [maki.vc](https://millionrounds.com/fund/maki-vc)

## Everyone who backed them

[DN Capital](https://millionrounds.com/fund/dn-capital) VC firm **2** rounds

[Vendep Capital](https://millionrounds.com/fund/vendep-capital) VC firm **2** rounds

[maki.vc](https://millionrounds.com/fund/maki-vc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=happeo).

## Also claim to have backed them

These 4 firms list Happeo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Inkef](https://millionrounds.com/fund/inkef-capital) VC firm Per its own site

[Endeit Capital](https://millionrounds.com/fund/endeit-capital) VC firm Per its own site

[Smartfin](https://millionrounds.com/fund/smartfin) VC firm Per its own site

[Evli Growth Partners](https://millionrounds.com/fund/evli-growth-partners) VC firm Per its own site

## Quick answers about Happeo

### Who invested in Happeo?

Happeo's investors include DN Capital, Vendep Capital and maki.vc.

### How much has Happeo raised?

Happeo has raised $34M across 2 rounds since 2018.

### When did Happeo last raise?

Happeo's most recent round was a Series B of $26M in Jul 2022.

### What was Happeo's biggest round?

Its most recent round, $26M in Jul 2022, is also its largest on record.

### Who backed Happeo first?

Happeo's first round on record, in Jul 2018, was backed by DN Capital, Vendep Capital and maki.vc.

### What stage is Happeo at?

Happeo's latest named round is a Series B, in Jul 2022.

### Where is Happeo based?

Happeo is based in Finland.

## Companies like Happeo

In the same sector, and raised in the last eighteen months.

[**Quanscient** $17M · May 2026](https://millionrounds.com/company/quanscient)[**Ovido** $2.8M · Jun 2025](https://millionrounds.com/company/ovido)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Nebius Group** $4.2B · Oct 2026](https://millionrounds.com/company/nebius-group)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Daytona** $132M · Oct 2026](https://millionrounds.com/company/daytona)

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