Naboo Banks $70M to Turn Corporate Event Booking Into a Bigger Beast
Paris startup Naboo scores major Series B to expand its corporate event marketplace beyond offsites and into broader procurement.
French startup Naboo just locked down $70 million in Series B funding. Lightspeed led the round, with Notion Capital, ISAI, and Ternel jumping in.
The Paris-based company runs an online marketplace for corporate event bookings. Think team offsites, company retreats, and all those post-pandemic "let's actually meet in person" gatherings that enterprises are suddenly obsessed with.
But Naboo isn't stopping at event bookings. The company plans to push into broader corporate procurement territory, wielding AI to automate the tedious stuff—booking logistics, payment processing, and the general administrative nightmare that comes with organizing anything at scale.
It's a classic land-and-expand play. Get companies hooked on easy event booking, then become the go-to platform for all their procurement headaches. Smart move in a market where nobody loves their current procurement tools.