Shareroot Ltd (ASX:SRO) has secured a contract with the world's largest system of privately held campgrounds, Kampgrounds of America (KOA).
The 12-month agreement signed with KOA will provide them with access to ShareRoot’s user-generated content platform (UGC) and display widget subscription services.
Established in 1962, Kampgrounds of America boasts almost 500 locations across US and Canada.
Noah Abelson, chief executive officer, said: “Securing this agreement with Kampgrounds of America, as well as two additional contract renewals with flagship US brand names provides continued validation of our product offering and the ShareRoot Group’s ongoing ability to service blue chip clients."
Contract extensions through agency partnerships
The company has also secured two contract renewals with established brands through agency partners.
The brands, both market leaders in their sectors, will extend for a period of 12 months.
The contracts will focus on the core functionality and unique community-building aspects of ShareRoot’s legal rights management UGC platform.
Strong contract momentum
These developments build on the company’s recent momentum of contract wins and renewals, with two important developments occurring in early February.
A new agreement with the North American marketing agency 3Headed Monster and a renewal with StubHub will continue to generate material revenues.