
Sparkroom
Leader in higher education performance marketing.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
Related Content
In 2007, a company called AgileRay was founded to solve a core problem for businesses: making marketing and lead data more efficient to boost return on investment. This venture would soon become Sparkroom, a platform designed to centralize and analyze marketing efforts. The company developed a lead management optimization platform, offering services like lead capturing, validation, routing, and detailed reporting. This allowed businesses to get a clear picture of their marketing performance and better allocate resources. The initial focus was on the higher education sector, providing marketing services and software to help institutions manage enrollment and recruitment. The Sparkroom platform integrated marketing data and automated processes based on performance. This approach gained traction, and the company operated from its offices in Paramus, New Jersey, and Toronto, Ontario. A significant chapter in Sparkroom's story unfolded in February 2016 when it was acquired by Digital Media Solutions (DMS), a performance marketing company. Previously owned by Nelnet, Sparkroom was set to merge with the DMS team but would retain its name and autonomy. The acquisition was a strategic move to expand Sparkroom's services into new verticals beyond education and enhance its offerings to include broader marketing, operational consulting, and brand strategy.