CIP backs Akkroo in Series A raise of £1.5m

Conviction Investment Partners (CIP) announce they have completed a Series A capital raise of £1.5m for our EIS qualifying, London based portfolio company,Akkroo. Akkroo is a SaaS enabled Event Lead Capture solution built for B2B organisations that regularly exhibit at trade shows and exhibitions. Akkroo delivers event qualified leads from the show floor directly into existing marketing and CRM systems.Akkroo is growing organically at 2.5x a year in Annual Recurring Revenue and serves over 150 blue chip companies. CIP’s capital injection is expected to boost growth rates in excess of 3x a year as well as facilitate a global expansion.