Naboo raises $70M from Lightspeed to build global AI-powered events procurement platform

• Naboo raises $70M led by Lightspeed Venture Partners, with participation from existing investors Notion Capital, ISAI and Ternel. 

• After becoming market leader in Europe following last year’s successful UK launch, Naboo is accelerating its international expansion with new office in New York  

• The UK has become Naboo’s biggest market outside of France with opening of London office in 2025 

• Objective: to provide large enterprises across the globe with a global AI-powered infrastructure to manage and optimize all events-related spending. 

• Next step: to expand its AI procurement platform beyond events to cover companies’ ‘tail spend’ (Class C spending).

A second major funding round in a year for European market leader which has revolutionised its sector via AI 

Headquartered in Paris, Naboo is a platform for booking, managing and running corporate events (MICE) that has reinvented the corporate events industry through AI, establishing itself as a market leader across Europe in just three years. One year after announcing a €20M Series A funding round (January 2025) and expanding into the North American market, Naboo has now completed a new $70M Series B round led by prominent US VC fund Lightspeed Venture Partners, with participation from the company’s existing investors: Notion Capital, ISAI, and Ternel. 

Lightspeed Venture Partners is a US-headquartered investment firm known for identifying companies at an early stage which are poised to redefine their industries via implementing innovative technology. Among its most notable European investments is prominent French AI company, Mistral AI, which Lightspeed has backed since 2023. 

A high-growth player in a $400 billion global market 

In just three years, Naboo has become one of the most dynamic players in the global corporate events market, estimated at $400 billion. Outside of France, the UK has become Naboo’s largest market following the highly successful launch of its London office in 2025, with the pioneering business already securing major clients such as KPMG and HSBC.  

The wider global corporate events market is undergoing a major transformation due to AI, driven by the growth of customer and partner-oriented events (e.g. conferences, product launches), a strategic expenditure for many corporations across the globe. 

Naboo has achieved to-date: 

• $150M in business volume 

• 3x year-over-year growth over the last 3 years 

• 0% churn among its corporate clients 

• Over 90% success rate on major account tenders 

A strong market ‘pull’ signal: Naboo has observed a continuous flow of world-renowned companies organically using its platform (including Meta, Google, Microsoft, Amazon, HubSpot, Figma, ElevenLabs…) who view Naboo as the perfect solution to solve their most demanding client and internal corporate event requirements.  

International ambition continues, opening of New York office 

Driven by its leading position in Europe achieved following the successful launch in the UK and rapid traction in the United States (achieving more than 10% of its turnover in just 5 months), Naboo is launching a new North American hub located in New York following last year’s launch in Montreal. 

This new US base will allow Naboo to rapidly scale the US go-to-market strategy, support the international deployments of existing customers, and accelerate the strengthening of the local partner ecosystem in the US. 

With this new funding, Naboo accelerates its transformation from leader in the events market to global ‘tail-spend’ procurement platform 

This new funding round will enable Naboo to accelerate several strategic projects: 

• Book independently and instantly with a specialised AI agent, in addition to Naboo’s concierge service 

• Centralise and simplify all payments via its new corporate payment card integrated into clients’ existing workflows and tech ecosystem 

• Optimise savings with specialised AI to manage tenders for each event, regardless of size, with savings of up to 30% of clients’ budgets  

• Expansion to adjacent procurement categories: fragmented spending and supply chains, numerous payments, strict compliance requirements… many adjacent categories could benefit from Naboo’s AI-powered infrastructure 

To deliver the above strategy, Naboo is recruiting in Paris, Hamburg, Barcelona, Montreal and New York: 

To support this exciting new growth phase, Naboo is announcing a strategic hiring plan in 2026 with key openings in: 

• Key accounts managers all hubs 

• AI and Data engineers in the Paris hub, the epicentre of Naboo’s R&D 

• Experienced leaders in crucial positions such as Chief Operating Officer, HR Director, Engineering Director, Marketing Director  

These recruitments will support Naboo’s goal of tripling its revenue in 2026 and exceeding one billion in business volume in 2027. 

Maxime Eduardo, CEO and co-founder of Naboo
“This $70M Series B gives us the means to define the global standard for AI-powered event procurement. Our mission is clear: to provide large enterprises with an infrastructure that combines purchasing performance, compliance and automation on a global scale. New York marks a new and exciting milestone for Naboo: we are accelerating in the United States and rapidly scaling a global platform.” 

Antoine Moyroud, Lightspeed Venture Partners
“AI is redefining how teams work: less fragmented coordination, better decision-making, and higher expectations. Naboo has already achieved this level of execution internally thanks to the AI tools developed at the heart of its platform. The next step is to put these tools directly into the hands of Naboo’s clients, giving them unique access to cutting-edge AI technology to help transform their operations. 

Event-driven procurement is an incredibly demanding area. Between vague requests, multiple providers, and compliance constraints to common issues with execution and payments; few areas involve such complexity. By delivering tangible value through the latest AI, Naboo has built a truly unique platform, capable of extending to other fragmented spending areas by large corporations, paving the way for the digitalization of vast service markets previously inaccessible to new software. 

For us, the investment was a no-brainer. Over the past twelve months, Naboo has demonstrated that it is one of those rare companies capable of transforming complex AI into real-world execution, and more importantly, into measurable value for its customers.” 

Itxaso del Palacio, General Partner at Notion Capital
“ Event planning is one of those categories where AI can have an immediate, end-to-end impact. From sourcing and negotiating with suppliers to automating attendee communication, AI removes significant friction from a historically manual process. Incumbent solutions are outdated, lack automation, and are simply not built to keep pace with today’s AI-driven workflows. Naboo is exceptionally well-positioned to lead this shift, and the strong market pull they’re experiencing clearly reflects both the urgency of the problem and the appetite for a modern, intelligent solution.” 

About  Naboo :       
Founded in 2022 by Maxime Eduardo, Antoine Servant, Lucien Bredin, and Jean-Louis Villeminot, Naboo is a leading platform to book, manage, and run corporate events (MICE). With 180 employees across 8 countries, Naboo already works with a quarter of the CAC 40 under exclusive contracts, as well as with global giants such as Google, Siemens, Meta, and Microsoft. Backed by exponential growth (over €100M in 2025) and an expanding international presence, Naboo is reinventing event management for large corporations. Naboo has raised €100M over the past three years, notably from ISAI (FR), Notion (UK), and Ternel (FR), and in 2026 from Lightspeed Venture Partners. 

Naboo Press Contacts FRANCE:
Alter’Com – Groupe Mascaret Partners
*Estelle Monraisse
+33 6 60 41 81 52 – [email protected] 

*Clara Baude
+33 6 69 37 37 13 – [email protected] 

Naboo Press Contact UK & US:
14 :46 Consulting
*Tom Sutton
+44 7796 474940 – [email protected]