Which companies are using Nextech3D.AI's platforms?

Enterprise customers including Microsoft, Meta, Google, Deloitte, and BNP Paribas are among those buying from the company's three platforms: Eventdex, MapD, and KraftyLabs.

When is Nextech's biggest deal expected to close?

CEO Evan Gappelberg expects to close what he calls the biggest deal in the company's history—a multimillion-dollar contract—in August.

What is changing on the KraftyLabs platform?

The company is building KraftyLabs into an AI-first corporate culture platform with an AI avatar layer set to launch in the coming weeks.

AI Business & IndustryYahoo Finance AIAug 6, 2026Aug 7, 2026, 01:00 JST

Nextech3D.AI lands 160 contracts, 92% margins; biggest deal due August

Send on LINE

3 Key Points

What happened
Nextech3D.AI reported $874,000 in new customer contract value across 160 new contracts, with software gross margins of 92%. Average contract value is up 77%, and the company is increasingly signing three-year deals instead of one-year agreements. Enterprise customers including Microsoft, Meta, Google, Deloitte, and BNP Paribas use its three platforms: Eventdex, MapD, and KraftyLabs.
Why it matters
The shift to longer-term contracts and higher average deal sizes signals stronger revenue visibility and customer confidence in Nextech's AI-powered event technology. The 92% gross margins indicate the software business is highly profitable at scale, which CEO Evan Gappelberg says will significantly accelerate the path to profitability and cash flow.
What to watch
Gappelberg revealed the company is on the verge of signing what he calls the biggest deal in Nextech's history—a multimillion-dollar contract expected to close in August. The company is also launching an AI avatar layer on its KraftyLabs platform in the coming weeks.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

Get news like this every morning, free

FAQ

Which companies are using Nextech3D.AI's platforms?: Enterprise customers including Microsoft, Meta, Google, Deloitte, and BNP Paribas are among those buying from the company's three platforms: Eventdex, MapD, and KraftyLabs.
When is Nextech's biggest deal expected to close?: CEO Evan Gappelberg expects to close what he calls the biggest deal in the company's history—a multimillion-dollar contract—in August.
What is changing on the KraftyLabs platform?: The company is building KraftyLabs into an AI-first corporate culture platform with an AI avatar layer set to launch in the coming weeks.

Yahoo Finance AIRead Original Article

Send on LINE

Get the latest AI Business & Industry news every morning

For example, today's edition would include:

Nvidia unveils Open Agent Safety PlatformITmedia AI＋ · 1h ago
Anthropic ships Claude Sonnet 5.5, 30%+ faster at same priceITmedia AI＋ · 1h ago
Nvidia bets $150 billion on AI buildout and buybacksSemafor Tech · 1h ago

AI-summarized, only the topics you pick: one digest a day via Email, LINE, or Slack.

Subscribe free →

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.