Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce the company has expanded its technology into new event market verticals while implementing a 20%–30% enterprise price increase across select offerings. Management believes these strategic moves will help drive revenue growth, improve operating efficiency, and support the company’s path toward sustained profitability.
Gappelberg explained that Nextech3D.ai operates a unified, AI-driven Events Operating System that integrates event registration, ticketing, interactive mapping, engagement analytics, and AI automation for in-person, virtual, and hybrid events. By broadening the platform’s reach, the company believes it can significantly expand its total addressable market within the global events industry while leveraging its existing AI infrastructure.
Historically, Nextech3D.ai’s Map Dynamics (Map D) platform focused primarily on indoor trade shows and convention-center-based events. The company has now extended its AI-powered event technology platform into additional verticals including outdoor fairs and expos, music festivals, state-run events, and community-based gatherings.
In parallel with this market expansion, Nextech3D.ai has implemented a 20%–30% enterprise price increase across select offerings. Management said the pricing adjustment reflects the increasing value delivered by its AI-enabled, enterprise-grade event platform. Because the company’s technology infrastructure is already built and operating at scale, Nextech3D.ai expects the incremental revenue generated from the pricing changes to require minimal additional operating expense.
While the company notes that no assurances can be provided, management believes the pricing strategy may contribute to improved operating performance and accelerate Nextech3D.ai’s progress toward profitability as revenue continues to scale.
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