Naboo has raised $70 million in a Series B funding round, led by Lightspeed Venture Partners, to further develop its AI-powered corporate event planning platform. This investment comes just a year after Naboo closed a €20 million Series A round, demonstrating the company’s rapid growth and potential in the corporate events industry.
Naboo aims to become the operating layer for large companies to plan, book, and control corporate events, covering a wide range of services including venue booking, travel, supplier coordination, and budget control. Founded in 2022, Naboo has established itself as a key player in simplifying corporate event organization and management. With this new funding, Naboo will continue to accelerate its ambition to transform AI event planning into a comprehensive corporate procurement platform.
The successful funding round and Naboo‘s growing presence in the corporate events industry are expected to have a significant impact on how companies manage their events. As Naboo continues to develop its platform, it is likely to become a leading solution for large companies looking to streamline their event planning and procurement processes. With the support of Lightspeed Venture Partners and other investors, Naboo is poised for further growth and expansion in the corporate events market.
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