Naboo raises $70M for an AI-powered event procurement platform
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Naboo raises $70M for an AI-powered event procurement platform
"Paris-headquartered Naboo has raised a $70m in Series B as it accelerates its ambition to become the operating layer for how large companies plan, book, and control corporate events. The round is led by Lightspeed Venture Partners , the same investor that backed in 2023, and lands just a year after Naboo closed a €20m Series A. Naboo positions itself as an AI-powered procurement platform for corporate events, covering everything from venue booking and travel to supplier coordination and budget control."
"Founded in 2022, Naboo built its name on simplifying how companies organise and run corporate events, from booking venues and catering to logistics and attendee management, using an all-in-one platform that brings speed and transparency to a typically fragmented process. By folding AI into what is traditionally a fragmented, manual process, the company says it has become Europe's leading purchasing platform for corporate events, a corner of the broader $400bn global events market that has long resisted software consolidation."
"Naboo's pitch is that events should be treated like any other strategic spend, measurable, optimised, and governed through a single platform. That logic has resonated with large enterprises, particularly in the UK, which has become Naboo's biggest market outside France following the opening of its London office in 2025. With fresh capital in hand, Naboo is now stepping more decisively onto the global stage."
Naboo raised $70m in a Series B led by Lightspeed Venture Partners, a year after a €20m Series A. The platform combines venue booking, travel, supplier coordination, budget control, and attendee management into an AI-powered procurement tool for corporate events. Founded in 2022, Naboo automates previously manual, fragmented processes to bring speed, transparency, and governance to event spend. Naboo targets enterprise procurement by treating events as strategic, measurable, optimisable spend. The company has grown rapidly across Europe, with the UK as its biggest market outside France, and is opening a US hub as part of broader international expansion.
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