Planning corporate events has always been messy. You contact multiple vendors, negotiate pricing without any real benchmarks, and spend weeks coordinating logistics that should take hours. Naboo, a French startup launched in 2022, built a platform specifically to fix this. And in February 2026, it raised a $70 million Series B led by Lightspeed Venture Partners, one of the most active VC firms in enterprise software.
That kind of backing at this stage says a lot about where the corporate events management market is heading.
What Naboo Actually Does:
Naboo gives businesses a single platform to search, book, and manage corporate events, from team offsites and conferences to product launches. Users can book venues, catering, transportation, hotels, and ticketing in one place with instant pricing. The company took direct inspiration from consumer platforms like Airbnb and Amazon, bringing that same ease of use into a B2B context where things have traditionally been slow and fragmented.
For large enterprises, the platform goes a step further. Naboo has signed multi-year contracts with 30 large corporates, giving those companies a centralized way to manage event spend across their entire organization. Procurement teams get full visibility into where budget is going, which is a real operational win for businesses running dozens of events per year.
The Numbers Behind the Growth:
Naboo reported just under $20 million in revenue in 2025, coming from both its booking platform commissions and enterprise contracts. Revenues have tripled every year for the past three years. That kind of consistent growth rate over multiple years is the detail worth paying attention to here.
The startup is active in eight countries. The UK is its second-largest market, accounting for up to 30% of revenues. The US launch last year has also delivered strong early results. Cofounder Maxime Eduardo described it as “spectacular growth,” and given the trajectory so far, the US expansion looks well-timed.
The business is close to profitability, with operations already in the black. Most current costs are tied to R&D. The company still had €15 million left from its €20 million Series A when it closed the Series B, which tells you the team has been disciplined about how it deploys capital.
Where the $70 Million Goes:
The new funding is focused on R&D, specifically AI. Naboo is building AI agents that can handle bookings autonomously and AI-powered analytics to optimize cost savings for clients. For enterprise procurement teams managing event spend management across large organizations, that kind of automation reduces manual work significantly.
The company currently has 200 employees and plans to hire another 100 across all markets this year. That growth is split across geographies, which fits the international expansion push. Existing investors Notion Capital, ISAI, and Ternel also participated in the round, alongside Lightspeed.
Why This Matters for Operators:
The corporate events planning space has been underserved by software for a long time. Most companies still rely on a mix of spreadsheets, email chains, and manual vendor negotiations to organize events. Naboo addresses a real, recurring cost center for businesses of all sizes.
For startup operators and founders specifically, this is a useful example of a company solving an unsexy but high-frequency enterprise problem and building serious revenue doing it. The B2B event booking workflow is not glamorous, but it touches every company that runs offsites, client events, or internal gatherings regularly.
The platform also has a clear land-and-expand path. You can start as a small business booking a single event and grow into a multi-year enterprise contract as your needs scale.
Takeaways Worth Noting:
Naboo has grown by applying consumer-grade UX to a space that B2B software largely ignored. The $70 million raise, the multi-year enterprise contracts, and the near-profitability at this stage all point to a business with solid fundamentals. If you work in operations, procurement, or run a company that spends regularly on corporate events, the platform is worth exploring as a way to consolidate spend and cut planning time.
The AI agent roadmap is the next development to follow. Automated booking and spend analytics for enterprise clients could meaningfully reduce the manual overhead that still exists in large-scale event management today.
