Ackroo

Ottawa, Canada Founded: 2012 • Age: 14 yrs Acquired By Paystone
SaaS-based gift card and loyalty programs are provided for businesses.
Annual revenue - Latest available
Total funding - 10 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Ackroo

Ackroo is a company based in Ottawa (Canada) founded in 2012 was acquired by Paystone in December 2024. Ackroo has completed 6 acquisitions, including Appetite, GGGolf and InterActive DMS. Ackroo offers products and services including Gift Card Program, Loyalty Program, Payment Processing, Petro & C-Store Solutions, and InterActiveDMS. Ackroo operates in a competitive market with competitors including EasyRewardz, Kognitiv, Tillo, LoyaltyOne and O4S, among others.

  • Headquarter Ottawa, Canada
  • Stage Public
  • Sectors
    Retail
    Technology Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $3 M (USD), Post-IPO

    Oct 20, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Appetite

    & 5 more

  • Acquired by
    Paystone

    (Dec 12, 2024)

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Products & Services of Ackroo

Ackroo offers a comprehensive portfolio of products and services, including Gift Card Program, Loyalty Program, Payment Processing, Petro & C-Store Solutions, and InterActiveDMS.

Product name locked
Category locked
Primary

System for selling and managing digital and physical gift cards.

Product name locked
Category locked
Locked

Tools to reward customers and boost repeat business.

Product name locked
Category locked
Locked

Secure platform for accepting various payment methods.

Product name locked
Category locked
Locked

Loyalty tools tailored for convenience stores.

Product name locked
Category locked
Locked

Software for managing automotive dealership operations.

People of Ackroo

Headcount 10-50
Employee Profiles 7
Board Members and Advisors 5
Employee Profiles
People
Iain Smith
Director, Engineering, AckrooPOS
People
Kevin Kennedy
Director, Engineering, AckrooPOS & AckrooMKTG
People
Sam Sorbara
Director, Business Development
People
Paul Hart
CFO

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Board Members and Advisors
people
Wayne O’Connell
Director
people
Kristaps Ronka
Director
people
Sam Cole
Director
people
Jason Donville
Director

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Funding Insights of Ackroo

Investors in Ackroo

Ackroo has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include RBC Royal Bank, Paystone and BDC.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services for small and medium-sized enterprises are provided.
Locked Locked Locked
Commercial banking services are provided to businesses and individuals.
Locked Locked Locked
SME loans are provided to support business exports.
Locked Locked Locked
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Investor details for Ackroo

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ackroo

Ackroo has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Appetite, GGGolf and InterActive DMS.

Investments
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Investment portfolio details for Ackroo

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Customizable gift cards are personalized via an online platform.
Locked Locked 2022 Locked
Offers credit services, background checks, and simplified payment solutions.
Locked Locked 2012 Locked
Mobile wallet-cum-rewards and engagement platform
Locked Locked 2011 Locked
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Complete acquisition details for Ackroo

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Ackroo

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Detailed financials for Ackroo

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  • Profit trends
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Ackroo Comparisons

Ackroo Primary company
Description
SaaS-based gift card and loyalty programs are provided for b...
Location
Ottawa, Canada
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ackroo

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Competitors of Ackroo

Ackroo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EasyRewardz, Kognitiv, Tillo, LoyaltyOne and O4S, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based CRM, loyalty, and conversational commerce solutions are delivered.
Locked Locked Locked
Loyalty program services are provided from Waterloo, Canada.
Locked Locked Locked
Employee rewarding platform
Locked Locked Locked
Coalition loyalty programs are designed for Canada and Brazil.
Locked Locked Locked
Cloud-based rebate automation and loyalty management platform is utilized.
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Detailed competitors of Ackroo

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  • Full company profiles
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Latest news on Ackroo

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Complete news archive for Ackroo

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Ackroo

Ackroo was founded in 2012.

Ackroo is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Founded in 2012 and based in Ottawa, Canada, Ackroo operates in the SaaS sector focused on retail and customer engagement tools. Customized loyalty programs are designed using templates suited to various business types, with integration options via payment terminals or virtual setups on PCs. Gift card solutions are incorporated into business websites to support seamless operations and client retention strategies.

Ackroo's top competitors include EasyRewardz, Kognitiv and Tillo.

Ackroo offers Gift Card Program, Loyalty Program, Payment Processing, Petro & C-Store Solutions, and InterActiveDMS.

Ackroo has made 6 acquisitions, including Appetite, GGGolf, and InterActive DMS.

Ackroo has 4 investors. Key investors include RBC Royal Bank, Paystone, BDC, and Export Development Canada.

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