Naboo, a French event-tech company, has announced the closing of a $70 million Series B funding round led by Lightspeed Venture Partners, with participation from existing investors Notion Capital, ISAI, and Ternel.

Centralized platform for events

Founded in 2022, Naboo offers an all-in-one platform for booking, managing, and running corporate events, centralizing venue sourcing, catering, activities, and transportation. The platform combines software with operational support to provide transparent pricing, instant quotes, and coordinated event management.

AI integration and future plans

Naboo plans to use the new funding to develop an AI-based booking agent, integrate a corporate payment card into clients’ existing systems, and use AI to manage tenders for events of different sizes, with the aim of improving cost efficiency. The company is also exploring expansion into adjacent procurement areas characterized by fragmented spending, complex supply chains, multiple payment flows, and compliance requirements.