NABOO RAISES $70M FROM LIGHTSPEED TO BUILD GLOBAL AI-POWERED EVENTS PROCUREMENT PLATFORM AND RAPIDLY SCALE IN THE US
Paris, February 10th, 2026
Naboo raises $70M led by Lightspeed Venture Partners, with participation from existing investors Notion Capital, ISAI and Ternel.
fter becoming the market leader in Europe, Naboo is accelerating its international expansion with new base in New York following opening of Montreal office in 2025
Naboo is experiencing rapid initial traction in the US with major world-renowned customers already secured
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. Lightspeed invests primarily in AI companies such as Anthropic
A high-growth player in a $400 billion global market to accelerate US go-to-market strategy
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, Naboo has cemented its position as the European leader in the corporate events market, helped by the highly successful launch of the business in the UK, and now has its sights firmly set on the lucrative US market.
With rapid traction in the US (achieving more than 10% of its turnover in just 5 months alongside securing major clients such as Google, Microsoft, JP Morgan, Hubspot, Figma and CocaCola), 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.
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.
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."
About Naboo
Founded in 2022 by Maxime Eduardo, Antoine Servant, Lucien Bredin, and Jean-Louis Villeminot, Naboo is a leading AI Procurement solution, specialised in corporate events (MICE). With a global team of 200+ employees across eight countries, Naboo serves a quarter of the CAC 40 under exclusive contracts, alongside industry giants such as Google, Siemens, Meta, and Microsoft. Driven by exponential growth—surpassing $120M in 2025—and a rapidly expanding international footprint, the company is reinventing event management for large-scale enterprises. To date, Naboo has raised $100M from premier investors including ISAI and Ternel (FR), Notion (UK, most recently securing backing from Lightspeed Venture Partners in 2026.
Naboo Press Contacts FRANCE: Alter’Com – Groupe Mascaret Partners *Estelle Monraisse +33 6 60 41 81 52 – estelle@altercom-conseil.fr *Clara Baude +33 6 69 37 37 13 – clara.baude@mascaret.eu
Naboo Press Contact UK & US: 14 :46 Consulting *Tom Sutton +44 7796 474940 – tsutton@1446.co.uk