If you are looking for an AI first small cap with customers including Google, Microsoft, Netflix, Meta, Oracle and other major enterprises, Nextech3D.ai just delivered a significant operating update: 160 new customer contracts worth approximately $874,000 from January through early August 2026, compared with 18 contracts worth approximately $55,470 during the same period in 2025. That represents approximately 1,476% growth in new contract value, while average contract value increased 77% to approximately $5,464 and software gross margins remained approximately 92%. Behind those numbers is a growing enterprise event technology business. Major organizations are looking for more automation, AI intelligence and better data across their event operations.
WHAT YOU NEED TO KNOW
- Nearly 9X More Contracts: Nextech3D.ai went from 18 new customer contracts during the comparable 2025 period to 160 in 2026, with new contract value increasing from approximately $55,470 to approximately $874,000.
- 92% Margins: Software gross margins are approximately 92%. Gappelberg says every new customer, deployment and enterprise relationship strengthens the economics of the business and gives Nextech3D.ai greater flexibility to invest in sales, marketing and growth.
- Enterprise Breadth: Customers include General Dynamics, BNP Paribas, LEGO, Bloomberg, Deloitte, Fidelity, Google, ServiceNow, PwC, AbbVie and Dana Farber Cancer Institute, among others.
- Rising Tickets: Average contract value increased 77% to approximately $5,464. Management attributes the increase to adding products and capturing a larger share of customer spending.
- CEO Conviction: Gappelberg says he now owns more than 30 million shares and recently purchased another 250,000 shares on the open market.
STRATEGIC IMPLICATIONS
Nextech3D.ai is pursuing a land and expand enterprise software strategy: win major customers, deepen those relationships and capture a larger share of their event spending over time. The company operates Eventdex, MapD and KraftyLab, giving it multiple products through which it can expand within existing accounts.
That strategy is already showing up in average contract value. When asked whether the 77% increase was being driven by adding products rather than simply raising prices, Gappelberg agreed and pointed to the company’s effort to capture a larger share of customer spending.
Management believes there is considerably more room to expand those relationships. Gappelberg said Nextech3D.ai is working toward relationships worth $10,000, $25,000, $50,000 and potentially $100,000. He also said some opportunities currently being pursued are multi million dollar, multi year deals involving 50 or 60 events.
The scale of large enterprise customers creates the opportunity. Gappelberg cited Oracle as an example, saying he had been told the company puts on approximately 4,000 events annually. His point was not that Nextech3D.ai currently handles those events, but that capturing a portion of event activity within a major global organization could create a meaningful relationship.
Nextech3D.ai is also building its sales organization around that opportunity. Management expects six additional enterprise salespeople by the end of 2026, with each expected to carry responsibility for more than $1 million in annual revenue. Gappelberg says the company’s approximately 92% gross margins provide flexibility to recruit experienced salespeople, offer competitive compensation and continue investing in growth.
Contract duration is changing as well. Gappelberg said Nextech3D.ai is moving from the annual contracts that historically characterized the business toward three year agreements, creating a longer term base of customer relationships while the company continues adding and expanding accounts.
CEO Evan Gappelberg:
“What excites me actually isn’t one number. It’s the pattern. When you’re building a great technology company, like Nextech, customers vote with their wallets. And so, this year, we’ve signed, as you said, 160 new customer contracts, compared to just 18 during the same period last year. Contract value grew from $55,000 to $874,000. Average deal size is up 77%. Those aren’t isolated metrics, they’re signals that the market is responding to what we’re building.”
Later in the interview, Gappelberg said he had purchased another 250,000 shares and now owns more than 30 million shares, adding that the purchase was based on what he believes the company can become over the next two, three, five and ten years.
INVESTOR TAKEAWAY
Nextech3D.ai is showing measurable progress across the operating metrics that matter to its enterprise software strategy: 160 new customer contracts, approximately $874,000 in new contract value, average contract value up 77% and software gross margins of approximately 92%.
The company already has relationships with major organizations across technology, financial services, healthcare and professional services. Management’s strategy is now focused on increasing the value of those relationships by adding products, supporting more events and capturing a larger share of customer spending.
Gappelberg believes average contract values can continue moving substantially higher, discussing opportunities ranging from $10,000 and $25,000 through $50,000 and $100,000, while revealing that some deals currently being pursued are multi million dollar, multi year opportunities.
Management is also targeting six additional enterprise sales hires by year end 2026, with each expected to carry responsibility for more than $1 million in annual revenue. At the same time, Nextech3D.ai is moving contracts toward three year terms.
With approximately 92% gross margins, larger average contract values, longer contract terms and major enterprise relationships already in place, Nextech3D.ai’s next phase is focused on turning those relationships into larger and deeper engagements.
Last modified: August 11, 2026
