Business
CXAI Acquires EngineRoom to Triple Annualized Revenue Run-Rate and Accelerate Commercialization of Agentic AI SKY Platform
CXAI Acquires EngineRoom to Triple Annualized Revenue Run-Rate and Accelerate Commercialization of Agentic AI SKY Platform
About this update from Cxapp Inc.
Acquisition Expected to Increase Annualized Revenue Run-Rate to More Than $12 Million, Add Approximately $1.6 Million of Adjusted EBITDA and Expand CXAI's Reach Across Enterprise and Mid-Market Customers PALO ALTO, CA / ACCESS Newswire / June 3, 2026 / CXApp Inc. (Nasdaq:CXAI) ("CXAI"), an enterprise agentic AI platform company, today announced the acquisition of EngineRoom, an AI-powered data-driven growth intelligence platform focused on customer acquisition intelligence, attribution analytics, workflow automation, operational reporting and business optimization.The acquisition is expected to increase CXAI's annualized revenue run-rate from approximately $4 million to more than $12 million while adding approximately $1.6 million of adjusted EBITDA and significantly expanding the Company's recurring revenue base.EngineRoom is expected to generate approximately $8.1 million of annualized revenue, with approximately 94% recurring revenue and approximately $1.6 million of adjusted EBITDA. In addition, EngineRoom brings more than 50 customer relationships across a diverse base of mid-market organizations, creating an established platform through which CXAI can accelerate commercialization of Agentic AI SKY platform and future AI-powered solutions.WHY THIS COMBINATION MATTERSScaleThe acquisition immediately expands CXAI's revenue scale, profitability and recurring revenue base, creating a stronger foundation from which to accelerate growth and investment in future AI initiatives.DistributionEngineRoom's customer relationships, mid-market presence and expertise across the Google ecosystem provide CXAI with an established channel through which to deploy SKY and future AI solutions without building distribution from the ground up.AI MonetizationCXAI serves as an agentic operating layer that helps organizations improve productivity, automate workflows and optimize operational performance. EngineRoom extends those capabilities through growth intelligence solutions that improve customer acquisition, marketing effectiveness and business performance.Together, the platforms create opportunities to expand solutions across both customer bases, accelerate adoption of CXAI SKY and develop industry-specific AI solutions designed to address the needs of underserved markets globally.COMPLEMENTARY PLATFORMS CREATE A BROADER AI OPPORTUNITYCXAI and EngineRoom bring highly compl...