Naboo, a Paris, France-based provider of software solutions for B2B events, raised €20M in Series A funding.
The round was led by Notion Capital.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Maxime Eduardo, Naboo provides a software solution designed to simplify the booking and organization of B2B events worldwide. The platform includes an event booking tool, an app for event management, and a solution to centralize, track, and optimize event spending for procurement and finance directors. In two years, Naboo has facilitated over €60M in event bookings, with a primary focus on Europe, supported by a team of more than 100 dedicated professionals.
The company raised its first round in April 2022 to build the platform, its second funding in November 2023 for platform enhancement, also making close to €15m annualised volumes. In 2024, the gross booking volumes almost quadrupled to €60m. Having announced €7.5m in Feb 2024, this latest round indicates its potential to further grow over the course of 2025.
The company intends to hit more than €100m booking volumes, after a full year in the UK and plans to open in other markets on the back of the recent deals in France, the UK, Belgium, the Netherlands, Germany, Spain and Italy.
FinSMEs
29/01/2025