Naboo, a Paris-based event-tech company,
has closed a $70 million Series B funding round led by Lightspeed Venture Partners, with participation from existing investors Notion Capital, ISAI, and
Ternel. The round follows the company’s €20 million Series A announced in January 2025
and comes after its expansion into the North American market.
The funding comes as the corporate events
market undergoes structural change. The increasing use of AI, alongside the
continued growth of customer- and partner-focused events such as conferences
and product launches, has positioned corporate events as a strategic area of
spend for many organisations rather than a discretionary cost.
Founded in 2022, Naboo offers an
all-in-one platform for booking, managing, and running corporate events across
the MICE segment, centralising venue sourcing, catering, activities, and
transportation. The platform combines software with operational support to
provide transparent pricing, instant quotes, and coordinated event management
as an alternative to traditional agency-based models.
The company has expanded across Europe and
into North America and reports growing adoption among large international
organisations, including Meta, Google, Microsoft, Amazon, HubSpot, Figma, and
ElevenLabs, for both internal and client-facing events.
Maxime Eduardo, CEO and co-founder of
Naboo, said the company’s objective is to equip large organisations with a
global infrastructure that brings together procurement efficiency, compliance,
and automation.
With the new funding, Naboo plans to move
beyond its core events offering and develop a broader procurement platform
focused on so-called “tail-spend” categories.
The company says the capital will
support the development of an AI-based booking agent to complement its
concierge service, the rollout of a corporate payment card integrated into
clients’ existing systems, and the use of AI to manage tenders for events of
different sizes with the aim of improving cost efficiency.
Naboo is also exploring expansion into adjacent procurement areas
characterised by fragmented spending, complex supply chains, multiple payment
flows, and compliance requirements.