Evan Gappelberg
Chief Executive Officer
Technology, Augmented Reality
New York, NY, USA
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Evan Gappelberg is the Chief Executive Officer of NexTech AR, one of the leaders in the quickly growing augmented reality market, and an accomplished entrepreneur with an expertise in creating, funding, and running start-ups.
Evan’s LinkedIn page states:
I founded Nextech in January 2018, with a back of the napkin idea that AR / 3D was Going be a Mega-trend and then raised $3 mill to see if I was right. We went public in October 2018 with big plans – In 2019 reality hit when both Apple & Google took me to the side and explained that sadly I was a bit early to the AR party🙃… so we hard pivoted and purchased a few ecommerce sites and a virtual event platform in 2019/2020. Timing is EVERYTHING!!😁…2020 turned out to be a 1 in 100 year storm ☔️ in which our ecommerce + virtual events business grew exponentially along with our stock price growing 40X with our market cap topping out at $700 million!…But we always kept our eye on the prize!!… In August of 2021, we placed our largest bet on AI by acquiring AI startup Threedy.ai for $10 million.
Fast forward to summer of 2022, with AI becoming our secret sauce and a clear path to 3D profits and scale, we divested ourselves of the legacy ecommerce business and doubled down on AI…sensing something magical about AI – we went all in!!
Timing is EVERYTHING! … in 2024 we are the future of ecommerce- leveraging our AI-powered software to scale the production of 3D models for ecommerce …today we are a war hardened, battle tested amazing team… purpose built for what we’re currently pursuing-GREATNESS😀!!
We operate 3- bleeding 🩸 edge technology companies that are publicly traded focused on; AI, 3D and Spatial computing.
After 5 years & 10 acquisitions we have not only acquired pivotal tech but also talented like minded people. Through these acquisitions we have incubated, invested and commercialized exciting new technologies. Our success formula; build a dream team around the technology & create pure play transformative technology companies which we operate or we spin – out as a pubco to shareholders while retaining a control block.
Our portfolio of technology companies:
1. Nextech3D.ai is the engine driving the 2D-3D ecommerce revolution with a $100 billion TAM. ( NEXCF/ NTAR)
2. ARWY is disrupting the indoor AR navigation market with a $44 billion TAM.
(OTC:ARWYF / CSE: ARWY) a spatial computing platform.
3. Toggle3D.ai is disrupting the CAD-3D market with a point and click all-in-one 3D design studio with a $160billion TAM. ( CSE: TGGL/ OTC: TGGL)
While the dream began in 2018, persévérance, luck & good timing have perpetuated my dream for launching companies with disruptive technologies like AI, AR & 3D… stay tuned for more!!
Evan Gappelberg is also featured on our premiere Features Page.