Naboo provides $ 21 million for the order platform for a concierge style corporate event

If you’ve tried to order a space for a company event, you will know how heavy it can be. Multiple vendors should contact, wait for quotes, appreciate them, see if you can get a good thing and then confirm. Thus, companies may have a shortcut on AirbnB or Booking.com on a short path, or can work with an agency.

Location in other services such as French Startup Naboo, catering, activities and transport, a company that is in an airbnb-esque market for corporate retreat in packages, which is trying to bring more visibility.

The company also offers Saas component This serves as a platform for all mouse events (sessions, incentives, conferences and exhibitions short, large-scale counts of people). The platform manages to determine the purchasing policies, testing the procurement policies, invoices and fees.

In one market in a market, it helps to sell the company’s platform to large corporate clients in a market. Society Safe companies see if they could set and see if there are too much, looking for platforms centralizing all costs around a specific category.

The strategy is working: Naboo, in the volume of reservations in 2024, about 2024 euros to 60 million euros, he said to four million euros. Now this is a market place, so most of this order value is caught by residential and catering partners, but the company has more than 17% – 10% -12% of providers need to reduce 10% -12% %. NABOO earned the income around 10 million euros in 2024.

The company has 10% of French public companies listed in the CAC40 index and has 10 agreements that order more than 1 million euros a year. Some customers include Google, Société Générale, Veolia, Arkema, Thales and Himto.

Recently, 20 million euros (about $ 21 million) in the beginning were a round by a number of Afion capital. Note that a round comes only 11 months later seed.

With the new money, the starting is currently wants to automate some manual assignments managed by project managers. Its list has 20 freelancers, including 140 people.

The company intends to expand the product to other countries that are already inhabited by the product. The country represents 10% of Naboo’s revenues and probably goes well.