Naboo raises $70M led by Lightspeed to build the world’s AI-powered event procurement platform
Paris — 10 February 2026 — Naboo, an AI-powered corporate events (MICE) procurement platform, today announces a $70M Series B round led by Lightspeed Venture Partners, with participation from its existing investors Notion Capital, ISAI and Ternel. Less than a year after a €20M Series A (February 2025), this funding will accelerate the build-out of a global infrastructure enabling large enterprises to manage, standardise, automate and optimise their entire event spend.
The announcement also coincides with the opening of a New York office — Naboo’s new North American hub after Montreal — continuing the European expansion launched in 2025 with Hamburg and Barcelona.
An ambition: making event procurement a global, measurable and automated infrastructure
Event procurement is one of the most complex spend categories to industrialise for large organisations: requirements that often evolve, multiple suppliers, strict compliance constraints, delivery and execution challenges, and numerous payments. Naboo positions itself as a category-defining platform, transforming this complexity into a standardised, traceable and AI-optimised operating model.
The goal: provide organisations with a global infrastructure that combines:
- Procurement performance (control, tenders, measurable savings)
- Compliance (processes, approvals, internal policies, supplier requirements)
- Automation (workflows, execution, payment, reporting)
- Governance (consolidated visibility, oversight, global standards)
Lightspeed leading: a landmark investment in AI applied to complex spend
Lightspeed Venture Partners, an international investment firm recognised for identifying early the companies poised to redefine their category, is leading this round. Naboo therefore joins a portfolio of highly ambitious technology companies at a time when AI is becoming a decisive criterion for execution and differentiation in enterprise software.
Traction and metrics: hyper-growth in a $400bn global market
The global corporate events market is estimated at $400bn and is undergoing a profound transformation driven by the rise of client and partner-facing events (conferences, product launches, brand events), which have become strategic for many corporates.
Naboo reports today:
- $150M in transaction volume
- 3x YoY growth, every year for the past three years
- 0% churn among corporate customers
- >90% win rate in large enterprise RFPs
The platform also shows a strong market “pull”: leading international companies spontaneously come to Naboo to book both internal events and customer events (Meta, Google, Microsoft, Amazon, HubSpot, Figma, ElevenLabs…).
International expansion: New York opening and scaling the US go-to-market
Building on its leadership position in Europe and rapid traction in the United States (more than 10% of revenue in five months), Naboo is establishing its North American hub in New York, following Montreal.
This footprint has three operational objectives:
- Scale the go-to-market approach in the United States
- Support international roll-outs for large enterprise customers already signed
- Build the local partner and delivery ecosystem
Product roadmap: AI agent, integrated payments, AI-driven RFPs, then expansion into other fragmented spend categories
This Series B will fund four core strategic priorities.
1) Self-serve booking via a specialised AI agent
Deploy an AI agent capable of booking near-instantly, autonomously, alongside Naboo’s concierge service.
2) Payment centralisation via an integrated corporate card
Simplify and industrialise payments through a corporate card integrated into workflows and connected to customers’ ecosystems (ERP, P2P, HRIS).
3) Savings optimisation via AI dedicated to tenders
Accelerate tendering for each event, with savings that can reach up to 30% of the budget depending on the case.
4) Extending the AI foundation to other procurement categories
Extend the infrastructure to other spend categories that are distributed, fragmented, difficult to govern, and subject to strict compliance.
2026 hiring: strengthening AI/Data, Enterprise, and leadership
To support this acceleration, Naboo is hiring in Paris, Hamburg, Barcelona, Montreal and New York, including:
- AI & Data roles at Naboo’s Paris hub (centralised R&D)
- Enterprise sales teams across the hubs
- Leadership positions (People/HR, Operations, Engineering, Marketing…)
Stated goal: triple revenues in 2026 and exceed $1bn in transaction volume in 2027.
Quotes
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 offer large enterprises an infrastructure that combines procurement performance, compliance and automation at international scale. New York marks a new milestone: we are accelerating in the United States and industrialising a global solution that is already winning over the world’s leading companies.”
Antoine Moyroud, Lightspeed Venture Partners:
“AI is redefining how teams work: less coordination, more decision-making, higher expectations. Naboo has already reached this level of execution internally through AI tools built at the core of its platform. The next step is to put them directly into customers’ hands, giving them access to best-in-class AI tooling and multiplying their capacity to act.
Event procurement is the most demanding test. Between unclear briefs, multiple vendors, compliance constraints, execution and payments, few domains concentrate so much complexity. By already delivering tangible value through AI, Naboo has built a unique foundation that can expand to other fragmented spend categories within large enterprises and open the way to the digitisation of vast service markets that have historically been out of reach for software.
For us, the investment was an obvious choice. Over the past twelve months, Naboo has proven it is one of the rare companies capable of turning AI into real execution — and, above all, into value that is directly measurable for customers.”
About Naboo
Founded in 2022 by Maxime Eduardo, Antoine Servant, Lucien Bredin and Jean-Louis Villeminot, Naboo is a category-leading platform to book, manage and oversee corporate events (MICE). With 180 employees across eight countries, Naboo works with a quarter of the CAC40 under exclusive contracts, and with global companies such as Google, Siemens, Meta and Microsoft. Naboo has raised $100M over the past three years, notably from Notion (UK), ISAI and Ternel (France), and in 2026 from Lightspeed Venture Partners (US).