Paris-based corporate events procurement platform Naboo secured $70 million in Series B funding on Tuesday, February 10, 2026, led by Lightspeed Venture Partners. The investment round included participation from existing investors Notion Capital, ISAI, and Ternel, according to a press release issued by ISAI.
The funding follows a €20 million Series A round closed in January 2025, and signals continued expansion for the company, which opened an office in Montreal in 2025 and recently established a new base in New York. Naboo aims to become a global, AI-powered infrastructure for managing and optimizing corporate event spending.
Founded in 2022, Naboo has rapidly established itself as a market leader in Europe, offering an all-in-one platform for booking venues, coordinating suppliers, and controlling budgets for corporate events, also known as MICE (Meetings, Incentives, Conferences, and Exhibitions). The company’s AI-driven approach is designed to streamline a traditionally fragmented and manual process, bringing speed and transparency to event procurement.
Lightspeed Venture Partners, the lead investor in this round, previously backed French AI company Mistral AI in 2023, demonstrating a continued interest in innovative technology companies. According to Naboo, the new capital will be used to expand its AI procurement platform beyond events to encompass companies’ “tail spend,” or Class C spending.
Naboo’s traction in the US market is already significant, with the company reporting that it has secured major world-renowned customers. The UK has emerged as Naboo’s largest market outside of France, following the opening of its London office in 2025.
The corporate events market represents a $400 billion global industry, and Naboo is positioning itself to treat events as a strategic spend, measurable, optimized, and governed through a single platform.
