Naboo Raises $21M to Simplify Corporate Event Planning

Planning a corporate event can feel like a nightmare. From hunting for the perfect venue to coordinating catering and transport, the process is often a headache. Enter Naboo, a French startup that’s making this ordeal a whole lot easier. Think of it as an Airbnb for business retreats, but with extras like catering, activities, and transport bundled in.

Naboo isn’t just a marketplace—it’s also a powerful SaaS platform tailored for large-scale corporate gatherings, known as MICE events (Meetings, Incentives, Conferences, and Exhibitions). Big companies can use it to set budgets, manage approvals, and track spending, making corporate event planning a breeze.

And it’s working. Since its launch, Naboo’s booking volume has skyrocketed from €15 million to €60 million in just a year. With clients like Google, Société Générale, and Veolia, the platform is clearly hitting the mark.

Fresh off a $21 million Series A funding round led by Notion Capital, Naboo has big plans. The company wants to automate manual tasks handled by its team of 140 and expand internationally, starting with the U.K., where it’s already gaining traction.

For companies tired of juggling vendors and spreadsheets, Naboo might just be the game-changer they’ve been waiting for.

Naboo Raises $21M to Simplify Corporate Event Planning
https://www.99newz.com/posts/naboo-corporate-event-platform-3103
Author
99newz.com
Published at
2024-12-16
License
CC BY-NC-SA 4.0