When was Ackroo founded?

Ackroo was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Ackroo located?

Ackroo is headquartered in Ottawa, Canada.

How many employees does Ackroo have?

As of Jul 31, 2026, the latest employee count at Ackroo is 6.

Is Ackroo a funded company?

Ackroo is a funded company, having raised an undisclosed amount across 10 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jun 2012.

When was the latest funding round of Ackroo?

Ackroo's latest funding was a $***** Post IPO round on Oct 20, 2020, with participation from 0 investor.

Where does Ackroo rank among its competitors?

Ackroo ranks 4th amongst 34 active competitors, of which 5 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Easyrewardz, which secured $4M in Apr, 2024.

Who are the top competitors of Ackroo?

Ackroo's top competitors include Kognitiv, Easyrewardz and Eagle Eye Solutions. Among them, Easyrewardz secured the most recent funding round in April, 2024.

Ackroo - 2026 Company Profile, Team, Funding & Competitors

Q: Is Ackroo an acquired company?

Ackroo got acquired by Paystone on Dec 12, 2024.

Company Details

Provider of software for loyalty programs gift cards and payments. This platform enables businesses to manage customer engagement tools including digital and physical gift cards, reward programs, and promotional campaigns. The system integrates with point of sale hardware to process credit, debit, and mobile transactions. It provides reporting features to track sales activity and transaction data. The technology supports various retail, automotive, and service sectors by facilitating customer retention and transaction processing.

Website: ackroo.com
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Key Metrics

Founded Year

2012

Location

Ottawa, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Oct 20, 2020, $*****

Investors

Export Development Canada & 3 more

Ranked

4^th among 34 active competitors

Employee Count

6 as on Jul 31, 2026

Investment & Acquisitions

Simpliconnect & 5 more

Similar Companies

Capillary Technologies & 733 more

Exit Details

Acquired by Paystone (Dec 12, 2024)

View Ackroo's full profile

Ackroo got acquired by Paystone on Dec 12, 2024 at an acquisition amount of $*****.

Click here to take a look at Ackroo's acquisition in detail

Ackroo has raised funding over 10 rounds. Its first funding round was on Jun 2012. Ackroo has 4 institutional investors.

Here is the list of recent funding rounds of Ackroo:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 20, 2020	7600192	Post IPO	6895802	2407497	4436554	4851434
Jun 21, 2019	7242114	Conventional Debt	3580259	1704506	9665659	BDC
Aug 23, 2018	9451758	Conventional Debt	4159146	9046135	3467489	RBC Royal Bank & 1 more

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View details of Ackroo's funding rounds and investors

Ackroo's employee count trend

Ackroo has 6 employees as of Jul 26. Here is Ackroo's employee count trend over the years:

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Top competitors of Ackroo include Kognitiv, Easyrewardz and Eagle Eye Solutions. Here is the list of Top 10 competitors of Ackroo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kognitiv 2009, Waterloo (Canada), Acquired	Provider of loyalty program services	$35M	Aimia, Blindspot & 8 others	65/100
2nd	Easyrewardz 2011, Gurugram (India), Series B	Cloud-based CRM and loyalty platform solutions for managing customer relationships, loyalty programs, and sales interactions	$14.3M	IIFL Finance, Flipkart & 79 others	64/100
3rd	Eagle Eye Solutions 2003, Guildford (United Kingdom), Public	Provider of an AI-powered platform for loyalty and personalized marketing	$1.93M	Herald Investment Management, William Currie Group	55/100
4th	Ackroo 2012, Ottawa (Canada), Acquired	Provider of software for loyalty programs gift cards and payments	-	Export Development Canada, RBC Royal Bank ... & 2 others	51/100
5th	SunTec 1990, Thiruvananthapuram (India), Funding Raised	Provider of pricing, billing, revenue management, and customer experience orchestration solutions	-	-	50/100
6th	Exchange Solutions 1996, Toronto (Canada), Funding Raised	Provider of an AI-powered platform for loyalty programs and personalized offers	-	Clipper Ship Ventures, North Hill Ventures ... & 5 others	50/100
7th	Engage People 2008, Markham (Canada), Funding Raised	Provider of loyalty solutions for businesses	-	BDC, Lovell Minnick Partners	47/100
8th	Joyn 2016, Hasselt (Belgium), Series A	Digital loyalty platform for retail merchants	$2.35M	KBC Bank Ireland, ING Ventures & 4 others	46/100
9th	BrandWallet 2019, Istanbul (Turkey), Unfunded	Crm and loyalty management platform	-	-	43/100
10th	Bond Brand Loyalty 2009, Mississauga (Canada), Funding Raised	Loyalty program software provider for enterprises	-	Mountaingate, Capital Southwest	39/100

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Ackroo has not made any investments yet. Ackroo has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 09, 2022	Acquisition	Simpliconnect	2011	Bloomington (United States)
May 21, 2021	Acquisition	InterActive DMS	1991	Port Charlotte (United States)
Oct 30, 2020	Acquisition	GGGolf	2001	Longueuil (Canada)