What Happened

CXApp Inc. (CXAI) acquired EngineRoom, an AI-powered growth intelligence platform, on June 3, 2026, for $12M. The deal triples CXAI's annualized revenue run-rate to over $12M and adds $1.6M in adjusted EBITDA.

Who Is Affected

CXAI's enterprise customers and EngineRoom's mid-market clients are directly impacted. CXAI gains access to EngineRoom's 50+ customer relationships, while EngineRoom customers gain access to CXAI's SKY platform.

Market Impact

• Expands CXAI's recurring revenue base with EngineRoom's 94% recurring revenue.
• Creates cross-selling opportunities for SKY and EngineRoom's growth intelligence solutions.
• Establishes a foundation for industry-specific AI solutions in underserved markets.

What to Watch

Monitor CXAI's integration of EngineRoom's Google ecosystem expertise and the development of vertical AI solutions for industries like healthcare, financial services, and education.