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- Naboo
Naboo Funding, Investors & Competitors
Naboo has raised $101M across 4 funding rounds, most recently a $70M Series B in February 2026.
Last Naboo funding round
$70M
Series B · Feb 2026
Cumulative funding Naboo raised
$101M
across 4 funding rounds
Key investors in Naboo
Isai
Notion Capital
CapHorn Invest
MAIF Avenir
Ternel
Lightspeed Venture Partners
Kima Ventures
Better Angle
About Naboo
Naboo is a Mumbai-based digital platform for booking corporate offsites in India. It aggregates venues, catering from vendors like Pepperfry, activities such as team-building games, transportation via Ola, and enables instant reservations for events accommodating 10 to 500 participants in cities like Bangalore and Goa.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Naboo Funding History
Naboo has raised a total of $101M across 4 funding rounds.
Naboo's first fundraising round was a $2M pre-seed round in June 2022. The most recent completed round was a $70M Series B in February 2026.
Naboo funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Series B | Lightspeed Venture Partners (lead); Isai; Notion Capital; Ternel | $70M | Naboo is a Paris-based startup that streamlines corporate event planning through a digital procurement platform. The company provides contracts and commission fees on its booking platform, serving enterprises across eight countries including the UK (its second-largest market at 30% of revenues) and the US, where it launched in 2025 and experienced significant growth. The company raised a $70 million Series B round led by Lightspeed Venture Partners in February 2026, joined by existing investors Notion Capital, ISAI, and new backer Ternel, with less than 20% of shares sold. According to cofounder Maxime Eduardo, Naboo secured just under $20 million in revenues in 2025, having tripled revenues year-over-year for three consecutive years. The business is nearly profitable with most costs in R&D functions, and the company maintained €15 million of the €20 million raised in its prior Series A. Beyond financial metrics, Naboo reported tripling year-over-year growth, reaching $150 million in business volume, and achieving zero client churn. The company currently operates with a 200-person team and plans to hire an additional 100 employees across geographies. Series B funding will support scaling AI capabilities, including autonomous booking agents and AI-powered cost analytics optimization. |
| Jan 2025 | Series A | Notion Capital (lead); Isai; Ternel | $21M | Naboo is a Paris-based AI-powered corporate events and procurement platform founded in 2022. The platform specializes in booking, managing, and running MICE (meetings, incentives, conferences, and events) for large enterprises, with capabilities spanning vendor selection, compliance, and automated procurement workflows. By January 2025, the company had established itself as a market leader in Europe after just three years of operation. Naboo raised a €20 million Series A funding round in January 2025 led by Notion Capital, with participation from existing investors ISAI and Ternel. One year later in February 2026, Naboo raised a $70 million Series B led by Lightspeed Venture Partners, at which point the company was valued at approximately $150 million. Operating metrics disclosed for the Series B period (February 2026) include $150 million in business volume, 3x year-over-year growth over the prior three years, 0% churn among corporate clients, and a success rate exceeding 90% on major account tenders. The company had secured major customers including Google, Microsoft, JPMorgan, HubSpot, Figma, and Coca-Cola, and employed 180 people across eight locations. Naboo's strategy emphasized expansion beyond pure event management into broader enterprise procurement, particularly in tail-spend categories characterized by fragmented spending and multiple supplier payments. |
| Feb 2024 | Seed | Isai (lead); CapHorn Invest; Better Angle; Kima Ventures; MAIF Avenir | $8M | Naboo operates a concierge-style corporate event booking platform that serves as an all-in-one marketplace for venues, accommodation, and catering, targeting large enterprises. The platform centralizes event spendings, enabling budget control and oversight for clients including 10% of French CAC40 public companies such as Google, Société Générale, Veolia, Arkema, Thales, and Qonto. Naboo reported revenue of €10 million in 2024 with booking volumes reaching €60 million, reflecting a 17% average take-rate split between providers and clients. |
| Jun 2022 | Pre-seed | CapHorn Invest (lead); MAIF Avenir (lead) | $2M | - |
Who has invested in Naboo?
8 investors have backed Naboo across its funding rounds, including Isai, Notion Capital, CapHorn Invest, MAIF Avenir, Ternel and Lightspeed Venture Partners.
Lead investors include Lightspeed Venture Partners, Notion Capital, Isai, CapHorn Invest and MAIF Avenir.
Naboo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Feb 2024 | ||
| 2 | Lead | Jun 2022 | ||
| 2 | Lead | Jan 2025 | ||
| 2 | Participant | Jan 2025 | ||
| 2 | Lead | Jun 2022 | ||
| 1 | Lead | Feb 2026 | ||
This data is available for Pro users. Sign up to see all 8 Naboo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Naboo
Naboo has acquired 1 company to date.
Last acquisition by Naboo was on November 8th 2024. Naboo acquired BizMeeting for undisclosed valuation.
Latest Acquisitions by Naboo
| Description | BizMeeting is an online platform for booking seminars and professional meetings in France, referencing 20,000 venues including hotels, conference centers, and museums. Paris-based, it offers an open site for general users and a dedicated platform for repeat corporate clients. |
| HQ Country | |
| HQ City | Lille |
| Deal Date | 8 Nov 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Naboo acquisitions and their M&A valuation multiples. Start Free Trial | |
Naboo Competitors
Naboo competitors include listed companies like Live Nation, CTS Eventim, Sphere Entertainment and Maoyan Entertainment, and private ones like Fever and Mentimeter.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $25B | $1.8B | $39B | 1.6x | ||
| Publicly listed | $3.5B | $622M | $6.3B | 1.3x | ||
| Publicly listed | $1.2B | $451M | $5.2B | 4.2x | ||
| Private | - | - | $2B | - | ||
| Publicly listed | $691M | $124M | $596M | 0.1x | ||
| Private | $60M | - | $384M | 6.4x |
Naboo Public Comps
Naboo is still privately-owned, but its public comps include Live Nation, Liberty Media, Aramark, Informa, Madison Air, Rentokil Initial, Sodexo, Liberty Live Holdings, ISS World and CTS Eventim.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $25B | $1.8B | 1.7x | 1.6x | 23.5x | 16.7x | |||
| $4.5B | $1.4B | 6.2x | 5.9x | 20.1x | 23.3x | |||
| $19B | $1.2B | 1.1x | 1.0x | 16.8x | 13.4x | |||
| $5.4B | $701M | 3.8x | 3.6x | 29.3x | 11.7x | |||
| $3.5B | $697M | 4.2x | 3.9x | 21.1x | 14.6x | |||
| $6.9B | $1.2B | 2.1x | 2.1x | 12.6x | 9.7x | |||
| $28B | $1.7B | 0.5x | 0.5x | 8.4x | 9.7x | |||
| $382M | ($45M) | 27.6x | 25.4x | (236.5x) | (732.7x) | |||
This data is available for Pro users. Sign up to see all Naboo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Naboo
| When was Naboo founded? | Naboo was founded in 2021. |
| Where is Naboo headquartered? | Naboo is headquartered in Paris, France. |
| Is Naboo publicly listed? | No, Naboo is a private, VC-backed company. |
| How much funding has Naboo raised? | Naboo has raised $101M across 4 funding rounds. |
| What was Naboo's last funding round? | Naboo's last funding round was a $70M Series B in February 2026, led by Lightspeed Venture Partners. |
| Who are Naboo's investors? | Naboo's investors include Isai, CapHorn Invest, Notion Capital, Ternel, MAIF Avenir, Lightspeed Venture Partners, Better Angle and Kima Ventures. |
| Which companies are comparable to Naboo? | Companies comparable to Naboo include Live Nation, CTS Eventim, Sphere Entertainment, Fever, Maoyan Entertainment and Mentimeter. |
| How many companies has Naboo acquired? | Naboo has acquired 1 company, including BizMeeting. |
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