Naboo plans to expand beyond corporate events into broader procurement use cases, using AI to automate booking, payments, and tender management, while exploring adjacent categories with complex spending, compliance, and supply chain requirements.
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.