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France: Corporate offsite booking platform Naboo has raised $70 million in a Series B funding round led by Lightspeed Venture Partners, with participation from existing investors Notion Capital, ISAI and Ternel.
The Paris-headquartered company said the funding will support international expansion and the development of its AI-powered platform for managing corporate events spending, with plans to extend into wider procurement categories.
Naboo operates a platform for booking and managing meetings, incentives, conferences and exhibitions (MICE), using AI to support supplier sourcing, payments and spend optimisation. The company said it has become a market leader in Europe within three years and is now accelerating growth in North America, including the opening of a new office in New York.
The UK has become Naboo’s largest market outside France following the launch of its London office in 2025, with the company securing enterprise clients across professional services and financial sectors.
Naboo said the latest funding round follows a €20 million Series A in January 2025 and will be used to scale its AI capabilities.
Highlights:
Naboo raises $70m in Series B funding led by Lightspeed Venture Partners
Funding will support international expansion and development of Naboo’s AI-powered events procurement platform
The UK is now Naboo’s largest market outside France following its London launch in 2025
