Naboo secures 20 million euros and plans expansion into Germany

Record financing in the event tech sector: Naboo secures €20 million in the industry's largest Series A round and plans to expand to Germany.

Berlin, January 30, 2025 - Paris-based startup Naboo has closed a €20 million Series A financing round. The investment, led by Notion Capital with participation from existing investors ISAI and Kernel, marks the largest financing round in the event tech sector and underlines the company's rapid growth. Naboo already organizes 10% of events for French listed companies (CAC 40).

Expansion into Germany and other European markets

With the fresh funding, Naboo plans to roll out its service in Germany, the Netherlands, Spain and Italy. The company aims to replace fragmented national booking systems with a standardized platform. Well-known German companies such as Allianz, DHL, BayWa and Porsche are already using Naboo's solutions.

Luxury concierge service for corporate events

Naboo's platform combines event curation, booking and organization in one system. The service covers all aspects of event planning, including venues, catering, transportation and team building activities. Companies benefit from a "white glove" approach that optimizes business dinners, seminars and retreats.

Naboo combines automation with a first-class service and sets new standards in efficiency, compliance and user-friendliness.

Itxaso del Palacio, General Partner at Notion Capital

Artificial intelligence drives the platform

The AI-supported platform automates time-consuming tasks and optimizes the booking process in real time. Companies receive centralized control and analysis of their MICE spend, including automated invoicing and payment processing as well as CO₂ accounting to comply with the Corporate Sustainability Reporting Directive (CSRD).

"MICE spend is often scattered across different departments, which makes centralized control difficult," explains Laure Pechalmbec, Purchasing Category Manager at ARKEMA. "With Naboo, we gain visibility and control, which enables annual savings in the millions."

The shift to remote working means that team-building activities and face-to-face meetings are becoming increasingly important. Companies are increasingly relying on sustainable retreats to strengthen employee loyalty and team dynamics.

Our goal is to make corporate events as easy as booking a hotel - with maximum comfort and minimum effort

Maxime Eduardo, CEO of Naboo

After a strong growth phase with a gross booking volume of 60 million euros in 2024, Naboo is aiming for the 100 million euro mark in 2025. At the beginning of 2024 we reported on a successful round for Naboo.