Ackroo Inc. (TSXV:AKR)

Technology

Ackroo Inc provides AI-based interactive cloud marketing platform for business professionals, merchants, etc.
The company provides software-as-a-service marketing platform to assists small, medium, and large companies in expanding their business activities and increasing revenues through enhanced customer retention and business presence.

The customer-loyalty focused software helps the merchants manage their marketing techniques in an efficient and modern way.

The company caters to the following industrial verticals
• Automotive
• Hospitality
• Petroleum
• Retail

Its technology-enabled services include:
• Gift card program and eGift Card Program
• Loyalty Program
• Email Marketing
• Custom Mobile Apps
• Payment processing solutions
• AckrooPOS – GGGolf
• Interactive DMS

The tech solutions provider claims that businesses need to process gift cards, loyalty reward programs and promotional transactions at the point-of-sale. Ackroo reportedly provides solutions for such issues through its state-of-the-art POS technology and enables the businesses grow their customer base.

The company claims to have achieved several milestones since its inception related to acquisition of related technologies and businesses.

The firm, founded in 2012, is listed for trading on TSX Venture Exchange, a junior trading platform in Canada. The trading symbol is ‘AKR’.

The technology company completed its first acquisition PhotoGIFTCARD & Dealer Rewards in 2015. The next year, it acquired D1 Mobile & Loyalint and OnTab.

By 2016, the marketing software company added three channel partners to its business model.

In 2017, the company acquired KESM/LoyalMark and integrated multiple point-of-sale solutions in its product portfolio.

The Hamilton-based tech firm claims to have industry-leading expertise in offering customized solutions to the retail, petroleum, auto, and hospitality sectors.

The company acquired IQ 724 in 2019 and launched a self-service signup product in partnership with Clover. In addition, it also expanded its service offerings by adding AckrooPAY to the list.

The software firm purchased Win-Win Marketing, BNA Payments and GGGolf in 2020.


In June 2021, Ackroo’s wholly owned subsidiary Ackroo Canada Inc acquired InterActive DMS (IDMS), a cloud-based dealer management software for automotive industry. With this acquisition, Ackroo claims to have increased its customer base by 150 additional clients and enhanced its AckrooPOS business.

IDMS is a quick user-friendly software that can be used car dealers, boat dealers, motorcycle dealers and inventory managing finance companies involved in processing of sales, printing forms, scanning electronic documents and managing custom reports. IDMS claims to have been operating in 46 states of the United States, since 1991.

Contact Information

company address 1250 South Service Road, Unit A3-1 (3rd Floor) Hamilton, ON L8E 5R9

company phone613 599-2396

company websitehttps://ackroo.com/

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