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If you ’ve ever tried to book a venue for a ship’s company consequence , you ’ll sleep with how onerous a task it can be . You have to contact multiple vendors , wait for quotes , evaluate them , see if you’re able to get a estimable pile , and then get all that approved . So it make sense that depending on the size of the chemical group , companies may take the shortcut to Airbnb or Booking.com , or sour with an way .
Gallic startup Naboo is try out to impart more profile into this disconnected marketplace with an Airbnb - esque marketplace for incorporated retreats that , in increase to accommodation , bundles in other service like catering , action , and conveyance .
The fellowship also offers aSaaS componentthat serve as a chopine for all MICE ( meetings , incentives , conferences , and exhibitions ) events ; these are heavy - ordered series gatherings of people . The political platform essentially let its grownup corporate client delineate their procurement policies , create approbation workflow , manage invoices and payments , and more .
Having an all - in - one mart likely avail the society sell its platform to bad corporate clients . in public trade company are incessantly calculate for platforms that centralize all spendings around a specific category so they can prepare budgets and see if they ’re overspending .
The scheme seems to be working : Naboo state its booking loudness quadruple to € 60 million in 2024 from € 15 million a yr earlier . Now , this is a market , so most of that booking time value is being captured by its accommodation and catering partners , but the company told TechCrunch it has an medium take - rate of 17 % — it film a 10 % to 12 % cut from provider and another 5 % to 6 % from clients . Naboo generated tax revenue of around € 10 million in 2024 .
The company said 10 % of Gallic public companionship number on the CAC40 index have used its platform , and it has 10 contracts that engender more than € 1 million in booking volume per year . Some of its guest include Google , Société Générale , Veolia , Arkema , Thales , and Qonto .
The inauguration recently raised a € 20 million ( around $ 21 million ) Series A round guide by Notion Capital . Notably , the Series A round comes just 11 month after itsseed round .
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With the young money , the startup wants to automatise some of the manual job that are presently deal by its labor managers . It has 140 people on its roster , including 20 freelancer .
The ship’s company also intend to expand to other state , go with the U.K. , where the product is already lively . The nation already represents 10 % of Naboo ’s revenue , and apparently things are going well .
