Naboo accelerates growth with major Series B round
Paris-based EventTech scale-up Naboo has raised a substantial €58.7 million Series B round, coming just a year after securing a €20 million Series A. The new funding underscores strong investor confidence in the company’s vision to modernize how corporate and professional events are sourced, booked and managed across Europe.
Naboo operates a digital marketplace and management platform that connects companies with a curated network of venues, experiences and service providers. By digitizing traditionally fragmented workflows, the startup aims to simplify event planning, centralize budget control and improve compliance for HR, marketing and operations teams.
Scaling an EventTech platform across Europe
The fresh capital will be used to deepen Naboo‘s product capabilities, expand its supplier network and accelerate international go-to-market efforts. Priority areas include enhancing its SaaS platform, improving automation for bookings and approvals, and integrating richer data analytics so clients can track spend, engagement and ROI on events in real time.
The company targets mid-sized and large enterprises that increasingly rely on offsites, team-building experiences and hybrid gatherings to support workplace culture and employee retention. As organizations adopt more flexible work models, demand has grown for tools that can manage distributed events while keeping costs and policies under control.
Riding structural shifts in the events industry
Following the disruption of the pandemic, the corporate events sector has been reshaped by remote work, hybrid meetings and tighter scrutiny on travel budgets. Platforms like Naboo aim to give finance and HR leaders visibility over thousands of bookings that previously happened in silos via email and spreadsheets.
With this latest round, Naboo positions itself as a key European player in the fast-evolving EventTech ecosystem, competing with both traditional agencies and newer digital-first providers. The company’s rapid funding trajectory suggests that investors see significant room for consolidation and technological upgrading in how companies organize experiences for their teams and clients.