Naboo raises $70M led by Lightspeed to build the world's AI-powered event procurement platform
Paris — February 10, 2026 — Naboo, an AI-powered corporate events (MICE) procurement platform, announced a $70M Series B led by Lightspeed Venture Partners, with participation from Notion Capital, ISAI and Ternel. Less than a year after a €20M Series A (February 2025), the funding accelerates global infrastructure for large enterprises to manage, standardize, automate and optimize their event spend.
The company is also opening a New York office — its North American hub following Montreal — building on European expansion into Hamburg and Barcelona in 2025.
An ambition: making event procurement a global, measurable and automated infrastructure
Event procurement is one of the hardest spend categories for large enterprises to scale. Requirements shift constantly, multiple vendors need coordination, compliance is strict, execution is high-stakes, and payments are fragmented across systems. Naboo turns that complexity into a standardized, traceable, AI-optimized operating model.
The platform combines:
- Procurement performance — control, competitive sourcing/RFPs, measurable savings
- Compliance — processes, approvals, internal policies, supplier requirements
- Automation — workflows, execution, payments, reporting
- Governance — consolidated visibility, oversight, global standards
Lightspeed leading: a landmark investment in AI applied to complex spend
Lightspeed Venture Partners leads the round. Naboo joins its portfolio at a point where AI is becoming a decisive driver of execution and differentiation in enterprise software.
Traction and metrics: hypergrowth in a $400B global market
The global corporate events market is worth $400B and is being reshaped by the rise of customer- and partner-facing events — conferences, product launches, brand events — which have become strategic for most large companies.
Naboo's current metrics:
- $150M in transaction volume
- 3x YoY growth for three consecutive years
- 0% churn among corporate customers
- >90% win rate in large enterprise RFPs
Leading global companies — Meta, Google, Microsoft, Amazon, HubSpot, Figma, ElevenLabs — book both internal and customer events on the platform.
International expansion: New York opening and scaling the U.S. go-to-market
Naboo is establishing its North American hub in New York, following Montreal. The U.S. already generates more than 10% of revenue in five months.
The New York office will:
- Scale go-to-market in the United States
- Support international rollouts 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
Series B funding targets four strategic priorities.
1) Self-serve booking via a specialized AI agent
Deploy an AI agent for near-instant self-serve booking alongside Naboo's concierge service.
2) Payments consolidation via an integrated corporate card
Integrate a corporate card into workflows and connect it to ERP, P2P, HRIS systems.
3) Savings optimization via AI dedicated to sourcing and RFPs
Accelerate sourcing for each event. Savings can reach up to 30% of the budget depending on the situation.
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
Naboo is hiring across Paris, Hamburg, Barcelona, Montreal and New York for:
- AI & Data roles at the Paris hub
- Enterprise sales teams across locations
- Leadership roles in People/HR, Operations, Engineering, and Marketing
The company targets triple revenue in 2026 and $1B 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 to give large enterprises an infrastructure that combines procurement performance, compliance, and automation at international scale. New York is a major milestone — we're accelerating in the U.S. and scaling a global solution already being adopted by some of the world's best companies."
Antoine Moyroud, Lightspeed Venture Partners:
"AI is redefining how teams work: less coordination, more decisions, higher expectations. Naboo has already reached that level of execution internally through AI tools built into its platform. The next step is to put them directly into customers' hands.
Event procurement is the toughest test. Between unclear briefs, multiple vendors, compliance constraints, execution, and payments, few domains concentrate this much complexity. By delivering tangible value with AI, Naboo has built a foundation that can expand into other fragmented enterprise spend categories and unlock the digitization of services markets historically out of reach for software.
The investment was obvious. Over the past twelve months, Naboo has proven it's one of the rare companies able to turn AI into real execution — and into measurable value 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 and global companies including Google, Siemens, Meta and Microsoft. The company has raised $100M over three years from Notion (UK), ISAI and Ternel (France), and Lightspeed Venture Partners (U.S.) in 2026.