Nextech3D.ai to Acquire Krafty Labs, Expanding AI Event Solutions for Enterprise Clients

Executive Summary

• Nextech3D.ai signed a definitive agreement to acquire Krafty Labs for approximately $600,000 cash, with $325,000 payable at closing and the balance financed on a 36‑month note at 7%.
• The acquisition adds over 400 blue‑chip enterprise accounts (including Google, Meta, Oracle, Microsoft, Cisco) and expands Nextech3D.ai’s product suite to include in‑person and hybrid event services.
• Closing is expected in the first week of January 2026, positioning Nextech3D.ai with >1,000 global customers across three platforms and creating significant cross‑sell and margin expansion opportunities.

Key Details

• Deal Terms – Total purchase price ~ $600,000 cash; $325,000 payable at closing; $275,000 financed via a 36‑month note at 7% interest.
• Closing Timeline – Anticipated before January 5 2026, subject to CSE and board approvals and customary closing conditions.
• Krafty Labs Financials – FY‑to‑date revenue $1.1 M with a 72% gross margin; delivers virtual, hybrid, and now in‑person enterprise events.
• Customer Base Expansion – Krafty Labs brings >400 Fortune 500 accounts; combined with Map Dynamics and Eventdex, Nextech3D.ai will serve >1,000 organizations worldwide.
• Synergy Highlights – Potential cross‑sell of registration, ticketing, floor plans, mobile apps, AI matchmaking, and recurring learning programs across HR, employee experience, event, and marketing teams; expected margin improvement through AI automation of delivery.
• Strategic Rationale – Creation of a unified “one‑stop” AI Event Solutions ecosystem to reduce vendor fragmentation and increase recurring product revenue.
• Management Commentary – CEO Evan Gappelberg emphasized the acceleration toward a comprehensive event operating system and highlighted the scalability and growth momentum into 2026.

Notable Quotes

“Event organizers want one partner who can help them sell more, operate faster, and secure the attendee experience. By adding Krafty Labs to Eventdex and Map D‑we're moving even faster toward a truly one‑stop event operating system.” – Evan Gappelberg, CEO

“We believe Krafty Labs meaningfully accelerates our vision to build a global AI Event Solutions platform… positioned for scale, revenue growth, and strong momentum into 2026.” – Evan Gappelberg, CEO