{"id":5331,"date":"2024-09-17T00:00:00","date_gmt":"2024-09-16T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5331"},"modified":"2024-09-13T15:13:59","modified_gmt":"2024-09-13T07:13:59","slug":"daily-markup-1075-happy5-is-gearing-up-to-take-on-the-u-s-with-acquisition-of-sugarokr-and-a-us3-5m-fundraise-in-the-works","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5331","title":{"rendered":"Daily Markup #1075: Happy5 is gearing up to take on the U.S. with acquisition of SugarOKR, and a US$3-5M fundraise in the works"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdO8pgESsgp8GMQysWnPyAYMJGSdjIcmpjsKSsfrn9zqt_PxDzmpNwWjp0TpgFUTOh8hrkvm3Nf6bzRaggFY2lmPu_u1_GAWBrEMFk-v8Dh4Zt4BEyCGXsj4jHFFPPNh-po4kqv6bdH5hU4LOkQPPOfo0jF?key=S3A7wnf3cMFJtN3TiXIypQ\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: Happy5<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Go for global growth<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>500-backed performance management software company <a href=\"https:\/\/www.happy5.co\/\">Happy5<\/a> is expanding their suite of products to help enterprises level up their workforce!<\/li>\n\n\n\n<li>The Indonesia-based company acquired Singapore-based startup SugarOKR, which offers objectives and key results (OKR) tracking software.<\/li>\n\n\n\n<li>The team is already geared up for the next phase \u2014 expanding into new international markets, including the United States by Q4 2024, where SugarOKR already has a foothold. The team aims to onboard 20 U.S. clients by Q2 2025.<\/li>\n\n\n\n<li>This global growth will be fueled by new funding, with talks already ongoing with various VCs. The team is targeting to raise US$3-5M by Q2 2025.<\/li>\n\n\n\n<li>Happy5 is currently profitable with over US$1M in annual recurring revenue, and the team is ready to enhance their offerings to help companies better align their team members around clear, measurable goals while maintaining a strong focus on employee well-being.<\/li>\n\n\n\n<li>Founder &amp; CEO <a href=\"https:\/\/www.linkedin.com\/in\/doni-priliandi-2a05339\/\">Doni Priliandi<\/a> shared, \u201cOur key goal is to secure a VC based in the US as part of the mix. The SugarOKR acquisition will give VCs more confidence with a stronger leadership team and a leg-up from the SugarOKR platform.\u201d<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/3XqVYn0\">TechNode Global<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Go for global growth<\/p>\n","protected":false},"author":5,"featured_media":5332,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[394],"class_list":["post-5331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-happy5"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1075: Happy5 is gearing up to take on the U.S. with acquisition of SugarOKR, and a US$3-5M fundraise in the works - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=5331\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #1075: Happy5 is gearing up to take on the U.S. with acquisition of SugarOKR, and a US$3-5M fundraise in the works - Markup\" \/>\n<meta property=\"og:description\" content=\"Go for global growth\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=5331\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-16T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-13T07:13:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/image-1-12.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"914\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5331#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/image-1-12.jpeg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2024\/09\/image-1-12.jpeg\",\"width\":1600,\"height\":914},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=5331#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=5331\",\"name\":\"Daily Markup #1075: Happy5 is gearing up to take on the U.S. with acquisition of SugarOKR, and a US$3-5M fundraise in the works - 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