Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg talked with Proactive about the company’s acquisition of KraftyLab, a strategic move he described as “transformational” for the future of the business.
KraftyLab, which generates between $1.1 million and $1.2 million in revenue annually at a 72% gross margin, serves over 400 enterprise clients, including Google, Meta, Microsoft, Netflix, and Oracle.
Proactive: All right, welcome back inside our Proactive newsroom. And joining me now is Evan Gappelberg, the CEO of Nextech3D.ai. Evan, it's good to see you again. How are you?
Evan Gappelberg: I'm very good. Good to see you.
So, the company is out with some pretty significant news today — acquiring KraftyLab. Let's start there. Tell me a bit about KraftyLab. Who are they?
KraftyLab generates over $1 million in annual revenue. They’ve been around since 2017 and serve some of the largest enterprise public companies in the world. This acquisition really sets us up to enter a new phase that could meaningfully transform the future of the company.
The $1.1 million to $1.2 million in revenue with a 72% gross margin is impressive, but the true value lies in their customer list. Google, Meta, Microsoft, Netflix, Oracle, Cisco, Dropbox, Spotify — they have over 400 Fortune 500 and global enterprise clients. These will now become part of Nextech’s portfolio. The brand credibility, enterprise penetration, and procurement access are extraordinarily rare.
When you think about the combined customer footprint across Krafty, Eventdex, and MapD, we’re talking over 1,000 customers worldwide. That’s not just incremental growth — that’s scale. And that’s a big deal for investors.
The technology that KraftyLabs has — how does that fit with what you already offer?
Good question. They live in a parallel universe. We sell into live events — floor plan software, registration, ticketing, AI matchmaking. Krafty sells what's called team-building software to enterprise customers. It's used for smaller group events, often to bring together teams from around the world. That’s why they appeal to large enterprise clients.
Their current average customer spend is around $2,000, which is quite small. But by integrating our full AI event stack — Eventdex registration, MapD interactive floor plan, mobile apps, AI matchmaking, AR navigation — we see an opportunity to increase average order value significantly, even up to $200,000. And these are warm, existing relationships — not cold calls.
How should investors look at this acquisition in terms of growth?
Looking ahead to 2026, we’ll have 1,000 global customers, including the biggest enterprise names. We’ll also have the highest margin revenue we’ve ever had. Add in AI automation and our one-stop AI event ecosystem, and this is the strongest position in our history.
Triple-digit top-line growth in 2026 is essentially guaranteed, even without expansion. With expansion, the numbers get even more exciting. We’re also seeing about 100 new inbound leads each month, worth around $1 million. So, our business has never been stronger.
All right. We'll leave it there. Evan, thanks so much. Good to see you again.
Final word. I want to thank our shareholders who have stayed with us and supported my vision. We’ve spent years building this foundation. 2026 is where scale begins. We're now positioned to move fast, monetize deeply, and grow aggressively. The next chapter starts here, and I couldn't be more excited. Thank you.
Quotes have been lightly edited for style and clarity