Acres Technology

Acres Technology

Acres Technology is raising funds on Dealmaker Securities. The company has introduced AI to casino floors and maximized player enjoyment and operator profits. Acres Technology’s AI-powered system collects a thousand times the amount of data as conventional systems, evaluates player experiences in real-time, and maximizes engagement via free meals, cash rewards, and personalized recognition. John Acres founded Acres Technology in June 2007. The current crowdfunding campaign has a minimum target of $10,298.97 and a maximum target of $999,999.40. The campaign proceeds will be used for research and development, payroll, general and administrative expenses, and marketing.

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Investment Overview

Raised this Round: Raised: $66,558

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
11/18/2024
Close Date
04/30/2025
Min. Goal
$10,299
Max. Goal
$999,999
Min. Investment

$772

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.30

Pre-Money Valuation

$332,424,414

Company & Team

Company

Year Founded
2007
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Location
Las Vegas, Nevada
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
John Acres
Title
CEO

Financials

as of December 31, 2023
 Revenue -47% YoY
$6,346,196
 Monthly Burn
$1,200,000
 Runway
1.6 months
Gross Margin
18%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$6,346,196

$12,040,524

COGS

$5,222,204

$7,965,012

Tax

$0

$0

 

 

Net Income

$-9,006,842

$-10,945,340

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,892,509

$727,475

Accounts Receivable

$552,694

$80,949

Total Assets

$23,008,744

$16,410,326

Short-Term Debt

$16,020,094

$7,766,889

Long-Term Debt

$28,874,428

$20,147,255

Total Liabilities

$44,894,522

$27,914,144

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$40,496,727
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 DealMaker Securities $332,424,414 $66,558 Equity - Common Active RegCF
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Add to portfolio
Acres Technology on DealMaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $332,424,414
Price per Share: $3.30

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