Nextech3D.ai Closes Krafty Labs Acquisition Expanding into a Comprehensive End-to-End AI-Powered Live Events and Experiential Engagement Platform

Executive Summary

• Nextech3D.ai completed the acquisition of Krafty Labs for $650,000 cash, with CEO Evan Gappelberg contributing an additional $321,917.
• Krafty Labs generated approximately $1.2 M in 2025 revenue with a 73% gross margin ($876k gross profit), providing an immediately accretive operating business to Nextech3D.ai.
• Post‑acquisition, Nextech3D.ai plans to roll out >100 new experiential offerings each quarter (≈400% catalog expansion in 2026) and accelerate a subscription‑based revenue model.

Key Details

• Transaction Value: $650,000 cash; CEO invested $321,917.
• Revenue & Profitability of Krafty Labs (2025): $1.2 M revenue; 73% gross margin; $876k gross profit.
• Customer Base Expansion: Acquisition adds a diversified list of blue‑chip enterprise customers, enhancing cross‑selling opportunities across Nextech3D.ai’s AI‑powered event platform.
• Product Integration: Krafty Labs’ capabilities (AI‑driven registration, badging, lead retrieval, mobile apps, interactive floor plans, matchmaking, team‑building programs) now integrated into a unified end‑to‑end AI event ecosystem.
• Growth Plan: Target of ~100+ new experiences per quarter in 2026, representing a potential 400% increase in the experiential catalog.
• Automation Strategy: Leverage AI to automate experience onboarding and deployment, standardize quality controls, and reduce time‑to‑market.
• Leadership Retention: Founder, COO, and CTO of Krafty Labs retained as senior leaders within Nextech3D.ai.
• Subscription Model Expansion: Krafty Labs’ new annual AI‑powered subscription offering will be accelerated using Nextech3D.ai’s enterprise sales network and platform infrastructure.
• Market Context: Global live events market valued at ~US$1.1 trillion in 2023, projected CAGR >13% through 2030 (Grand View Research).

Notable Quotes

“With Krafty Labs, we see a clear opportunity to move from a curated experience model to a true global platform… By automating onboarding, we expect to scale from roughly 100 experiences today to a marketplace that can support thousands of creators worldwide.” – Evan Gappelberg, CEO & Director