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Nextech3D.ai rolls out AI-powered event platform - ICYMI
Proactiveinvestors NAยท 2025-07-26 14:46
Core Insights - Nextech3D.AI has launched a mobile version of its Map D platform, integrating AI capabilities into event technology [1][3] - The new app supports AI matchmaking, cryptocurrency payments, and will soon include attendee registration and QR scanning [1][4][6] Company Developments - The mobile app positions Map D as a leading AI event technology suite, marking a significant step in Nextech's strategy to become an AI-first company [3][5] - The platform has transitioned from a basic interactive map service to a comprehensive mobile solution, resulting in three new deals and increased interest from clients [5][6] Industry Context - The event industry is valued at approximately $50 billion, and the new app aims to capture a larger share of this market [6] - Currently, the platform serves a niche market with nonprofits but is expanding its reach with the new capabilities [7] Financial Performance - The Map D platform boasts over 90% gross profit margin, indicating a highly profitable business model [8] - The platform currently supports over 500 annual events, with more than 50,000 exhibitors and over 1 million attendees, with expectations for growth in 2025 and beyond due to AI upgrades [8]