CXApp posted Q2 revenue of $1.7 million, up 79% sequentially and up about 42% year over year.
Annual recurring revenue rose to about $11.5 million; net revenue retention was 99.3%.
Cash EBITDA loss narrowed to about $2.68 million; total assets increased to about $36 million.
EngineRoom acquisition adds mid-market scale
EngineRoom acquisition added more than $8 million annual revenue, about $1.6 million adjusted EBITDA, about 94% recurring revenue, and over 50 mid-market customers.
CEO Khurram Sheikh said EngineRoom expands mid-market distribution as CXAI 2.0 moves into production across enterprise clients.
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