(Note - I review pretty harshly, so don't take a low score personally! I don't vote harshly.)
Very catchy. VERY happy. Makes me want to start jumping around and stuff.
To be honest, this kind of music isn't exactly my cup of tea, so feel free to take my opinion with a pinch of salt (lol, two references to food in one sentence, I must be hungry). The happiness seems a bit too much for me without some less energetic breaks - it's like some guy who's always smiling at you, so you start to wonder if he secretly hates you. haha.
Nit picks:
You're using a pretty generic chord progression. Try to change it up a little bit here and there to throw pedants like me off the scent ;-)
I feel like the melody at :45 is a little too quiet under those chords. Also the snare that pops in occasionally to build up (1:20, 2:02) is a bit too loud.
Melody at 1:47 is a little repetitive, but there's an easy way to fix this - take the first four bars normal, but in the second four bars of the melody, tweak the end a little bit. It makes it sound more fresh.
I feel like the choruses are kinda disjointed because they are each led by a different instrument. If you kept it to the same instrument every time (or at least used the same one twice) that would improve the coherence of the song a lot.
Anyway great work to both of you! Looking forward to hearing more :-)