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.
Key takeaways
- The press release February announcement is Naboo's $70M Series B, led by Lightspeed Venture Partners, to scale its AI-powered corporate event procurement platform for large enterprises.
- Naboo says its platform helps teams source, manage and track corporate events with more control over procurement, compliance, automation, payments and reporting.
- The company is opening a New York office as its North American hub, following Montreal, and plans to support U.S. growth and international rollouts from there.
- According to the release, Naboo works with global companies including Meta, Google, Microsoft, Amazon, HubSpot, Figma and ElevenLabs, and reports 0% churn among corporate customers.
- The funding will also support AI-driven sourcing and RFPs, integrated payments and expansion into other fragmented procurement categories.
What is Naboo trying to build with this February funding announcement?
Naboo is trying to build a global operating layer for corporate events, one that helps teams source venues and suppliers, manage the full booking flow, and track spend and activity in one place. The point is not just to move faster. It is to make event procurement measurable, repeatable, and easier to govern across markets.
Event procurement is one of the hardest spend categories for large enterprises to scale. Requirements change from one program to the next, multiple vendors need coordination, compliance is strict, execution is high-stakes, and payments are often split across systems. Naboo turns that complexity into a structured operating model built around Source, Manage, and Track.
The platform combines:
- Source: competitive sourcing, venue and supplier selection, and clearer control over event requests
- Manage: workflows, approvals, execution, and payment handling tied to the booking process
- Track: consolidated visibility, reporting, and oversight across teams and regions
Who led Naboo's Series B in February?
Lightspeed Venture Partners led Naboo's Series B in February. The round marked a new step for the corporate event booking platform, which helps teams Source venues, Manage bookings, and Track activity across their event programs.
What traction does Naboo claim in the press release?
The press release says Naboo has reached $150M in transaction volume, with 3x year-over-year growth for three straight years, 0% churn among corporate customers, and a >90% win rate in large enterprise RFPs.
It also places that traction in the context of a large corporate events market that is being reshaped by customer- and partner-facing gatherings, including conferences, product launches, and brand events.
Leading global companies, including Meta, Google, Microsoft, Amazon, HubSpot, Figma, and ElevenLabs, use the platform for both internal and customer events.
What does Naboo's New York office mean for U.S. customers?
Naboo's New York office gives U.S. customers a local hub for sourcing, managing, and tracking corporate events, while supporting the company's wider North American expansion after Montreal.
For planners, that means closer support for U.S. rollouts, faster coordination with enterprise teams already in place, and a stronger local network of partners and delivery contacts.
The New York office will:
- Scale Naboo's go-to-market in the United States
- Support international rollouts for large enterprise customers already signed
- Build the local partner and delivery network
What product changes did Naboo say the funding will support?
The funding will support four priorities: faster self-serve booking, tighter payment workflows, AI-assisted sourcing, and a broader move into other fragmented spend categories.
1) Self-serve booking via a specialized AI agent
Naboo said it will deploy an AI agent to help planners book faster on their own, while keeping its concierge service in place for more complex requests.
2) Payments consolidation via an integrated corporate card
The company plans to add a corporate card to its workflows and connect payment activity with ERP, P2P, and HRIS systems.
3) Savings optimization via AI dedicated to sourcing and RFPs
Naboo also said it will speed up sourcing for each event with AI designed for RFPs and venue selection.
4) Extending the AI foundation to other procurement categories
Finally, the company plans to extend that foundation into 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."
What did Naboo announce in February, and why does it matter for corporate event planners?
Naboo announced a Series B round in February, led by Lightspeed, alongside a New York expansion, and that matters because it signals more capacity behind the tools planners use to source, manage, and track corporate events. For teams booking offsites, board meetings, client dinners, and multi-city gatherings, the message is simple: Naboo is putting more weight behind the parts of the workflow that slow planners down most, from finding the right venue to keeping every request and approval in one place.
The funding announcement is also a signal about where the company is focusing. A New York presence puts Naboo closer to one of the busiest corporate travel and events markets in the United States, where planners often need fast access to meeting spaces, private dining rooms, and business-stay friendly properties near Midtown, Downtown, and the Financial District. That matters when the brief is not just "find a venue," but "find a venue that works for a team arriving on different flights, staying two nights, and meeting clients the next morning."
For planners, the practical takeaway is not the financing itself. It is what the press release says about the company's direction:
- more support for sourcing event spaces and stays
- more attention to enterprise workflows
- more presence in the U.S. market, starting with New York
If you are tracking Naboo because of the February announcement, the useful read is this: the company is positioning itself as a corporate event booking platform built for source, manage, and track, with a stronger footprint where international business travel and group meetings are concentrated. That makes the release relevant not only to investors, but to planners who need a supplier that can handle repeat bookings, tighter timelines, and cross-border coordination without adding more manual work.
What does Naboo do for corporate event teams today?
Naboo helps corporate event teams source venues, manage the booking process, and track activity in one place, so planners can move from search to confirmation without juggling scattered emails and spreadsheets. In practical terms, that means teams can find spaces for board meetings, offsites, dinners, and group gatherings, keep the details of each request organized, and follow what is happening across their event pipeline.
For a planner, the value starts with Source. Instead of starting from scratch for every brief, teams can look for suitable event spaces and business-stay options, then compare what fits the format, location, and timing of the gathering. That matters whether the plan is a private dinner in central London, a leadership session near King's Cross, or a multi-day team stay in the City.
Manage is where the work gets easier for the people handling approvals, guest details, and supplier communication. Naboo gives event teams a way to keep the booking process structured, so the right people stay aligned and nothing gets lost between the first request and the final confirmation. For busy planners, that is often the difference between a smooth process and a last-minute scramble.
Track closes the loop. Corporate event teams need visibility into what has been requested, what has been confirmed, and what still needs attention. Naboo supports that operational view, which helps teams stay on top of multiple events at once and keep internal stakeholders informed.
That is the current product story in planner terms: Source the right options, Manage the workflow, and Track the status. For companies running recurring meetings, offsites, and hospitality-led gatherings, that structure is what makes the platform useful today.
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.
How Naboo helps you book press release february
Every venue here is bookable through Naboo, the corporate event platform. You send one brief, then compare proposals from a network of 170,000+ venues and suppliers, with transparent quotes side by side. A dedicated event manager handles sourcing, contracting and on-site logistics, so the planning stays in one place instead of scattered emails and spreadsheets.
Teams that run events on Naboo save up to 15% on average, and the platform has managed €500M+ in event procurement. You get AI venue suggestions matched to your brief, standardized proposal comparison, and real-time tracking through the event app.