Paris-based Naboo, an AI-powered corporate events procurement platform, has announced a $70 million Series B investment round led by Lightspeed Venture Partners, with participation from its existing investors Notion Capital, ISAI and Ternel.
Less than a year after a €20 million Series A, this funding will accelerate “the build-out of a global infrastructure that enables large enterprises to manage, standardize, automate and optimize their entire event spend.”
The announcement also coincides with the opening of a New York office — Naboo’s new North American hub following Montreal — building on the company’s European expansion launched in 2025 with Hamburg and Barcelona.
Maxime Eduardo, CEO and Co-founder of Naboo, said: “This $70m Series B gives us the means to define the global standard for AI-powered event procurement.
“Our mission is clear: to give large enterprises an infrastructure that combines procurement performance, compliance, and automation at international scale. New York is a major milestone — we’re accelerating in the U.S. and scaling a global solution that’s already being adopted by some of the world’s best companies.”
Antoine Moyroud of Lightspeed Venture Partners: “AI is redefining how teams work: less coordination, more decisions, higher expectations. Naboo has already reached that level of execution internally through AI tools built at the core of its platform. The next step is to put them directly into customers’ hands — giving them access to best-in-class AI tooling and multiplying their ability to act.
“Event procurement is the toughest test. Between unclear briefs, multiple vendors, compliance constraints, execution, and payments, few domains concentrate this much complexity.
“By already delivering tangible value with AI, Naboo has built a unique foundation that can expand into other fragmented enterprise spend categories and unlock the digitization of massive services markets that have historically been out of reach for software.
“For us, the investment was obvious. Over the past twelve months, Naboo has proven it’s one of the rare companies able to turn AI into real execution — and, above all, into value that is directly measurable for customers.”