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Story

Naboo rebrands, claims its AI cuts corporate event costs by 12%

AI summary

Paris-based Naboo, which books and manages corporate events, announced a rebrand on Tuesday and now pitches itself to procurement and finance teams as well as event organisers. The company says it handles more than $300 million of corporate events a year and that its AI saves clients 12% per event on average, though it did not say how those savings are measured. Naboo says background AI agents handle parts of supplier sourcing, requirements analysis and repetitive admin, and negotiate quotes with suppliers straight away.

In-depth insight

It illustrates how AI agents are moving into back-office procurement and negotiation, though the savings figure remains unaudited.

NabooLightspeed Venture PartnersVertice

Original · 2 min readRead the original
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