Naboo Secures €20M Series A Funding to Expand Corporate Events Platform
French startup Naboo, a corporate events specialist, has raised €20 million in Series A funding led by Notion Capital. Founded two years ago, Naboo offers a comprehensive platform that streamlines the booking of accommodations, transportation, activities, and catering for internal meetings and corporate retreats. Their technology also provides event management tools and spend visibility for procurement teams.
In a recent LinkedIn post, Naboo announced plans to extend its services beyond Europe and introduce a white-label platform tailored to businesses’ travel policies. The company reported a fourfold increase in booking volumes in 2024 and expanded into new markets, including the United Kingdom.
Notion Capital’s general partner, Itxaso del Palacio, expressed enthusiasm about the partnership, stating, “We are incredibly excited to partner with Maxime and the rest of the founding team to build a global category leader in the event management space.” Del Palacio praised Naboo’s ambition, execution speed, and initial traction, highlighting the need to automate event planning workflows.
Co-founder Maxime Eduardo outlined two major transformations for Naboo: evolving from a transactional marketplace to a SaaS-enabled platform offering a comprehensive software suite, and expanding focus from France to all of Europe, positioning Naboo as an international company.
This significant investment will enable Naboo to enhance its corporate event management solutions and accelerate its international growth.
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