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France-based corporate offsite booking platform Naboo has successfully raised €7.5 million in funding to fuel its expansion across Europe and bolster its technological capabilities.
The funding round, spearheaded by investors ISAI, Kima Ventures, and Better Angle, along with existing partners CapHorn and Maif Avenir, marks a significant milestone for the Paris-based startup.
Naboo, established in 2022, aims to revolutionize the French corporate seminar industry by providing instant bookings at transparent prices. Unlike its competitors, Naboo offers an all-inclusive solution that allows users to book accommodations, workspaces, catering, activities, and transportation seamlessly.
With a network of over 3000 partners and a portfolio of more than 500 venues, all vetted and certified by its team, Naboo has attracted both domestic and international clients, including industry giants like EDF, Google, and Airbus.
In response to the growing trend of remote and hybrid work models, Naboo is focused on simplifying the booking process and delivering personalized experiences tailored to specific teams through the utilization of data and AI technologies.
Maxime Eduardo, co-founder and CEO of Naboo, expressed excitement about the company’s progress, noting that over half of the CAC 40 companies have already utilized Naboo for their seminars.
“What astonishes us the most is how quickly Naboo catches on among its clients once a team books a seminar. What really draws them in is the combination of ultra-customisation and the immediacy of booking, an experience that we alone offer today.
“They’ve never encountered anything like it, turning them into our most vocal advocates. This significant edge is made possible by AI and data, areas where we’ve decided to invest heavily with this funding round,” added Eduardo.
Naboo previously closed a pre-seed funding round of €1.96 million / $2.1 million.
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By Ravi Kumar
