Navan stock

Navan Stock

Operations, Productivity And Communication

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Founded: 2015Funding to Date: $1.31B
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Navan (Formerly TripActions) is the creator of a corporate travel management and payments platform that utilizes real-time data to maintain traveler safety and manage costs. The company excels in providing modern alternatives for travel, corporate card, and expense management, all of which are enhanced by robust technology and superior service. Navan's platform leverages artificial intelligence-driven technologies for seamless travel booking and itinerary management, thereby saving both time and money for travelers.

Investors include:
Andreessen Horowitz logo
Lightspeed Venture Partners logo
Further Key Investors:

Lufthansa Group, TeleSoft Partners, Akkadian Ventures, Summit Peak Investments, Zeev Ventures, Group 11, Frontline Ventures, Creandum, Lee Fixel, Oren Zeev, Sixty Degree Capital, Premji Invest (US), Greenoaks Capital Partners, Raaid Hossain, i-Qu & Co, Vista Equity Partners, Elad Gil, Spur Capital Partners, CLF Partners, Greenspring Associates, Deutsche Bank Ventures, Mary Wilderotter, MicroVentures, Base Partners, Addition.

Management Team

Ariel CohenChief Executive Officer & Co-Founder
Ilan TwigCo-Founder, Chief Technology Officer & Board Member
Grant McgrailChief Revenue Officer
Nina HeroldChief Operating Officer
Michael GorenDirector of Sales Department
Raaid HossainAdvisor
Amy ButteChief Financial Officer
Howard Baik JDGeneral Counsel & Corporate Secretary
Michael RiegelChief Executive Officer EMEA
Jannik WässaExecutive Vice President of Strategy & Operations
Michael SindicichChief Executive Officer of Navan Expense.

Board Members

Arif JanmohamedBoard Member
Neil MehtaBoard Member
Oren ZeevBoard Member
Mary Wilderotter JDBoard Member
Sandesh PatnamBoard Member
Lee FixelBoard Member
Adam BainBoard Member
Dovi FrancesBoard Member
Daniel RoseBoard Member
Benjamin HorowitzBoard Member
Elad Gil Ph.DBoard Member
David GeorgeBoard Member

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Navan in the News

Source: CNBC$9.2 billion fintech Navan appoints ex-NYSE exec as CFO ahead of anticipated IPO

WATCH LIVE Key Points Navan has hired a former New York Stock Exchange executive as its new chief financial officer, ahead of the anticipated IPO of the $9.2 billion travel and expense management platform. Amy Butte, who was NYSE's CFO between 200...

Source: Tech StartupsUnicorn travel tech startup Navan eyes IPO as it nears profitability this year

Unicorn travel tech startup Navan eyes IPO as it nears profitability this year

Source: CNBC$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says

The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.

Source: FinovateExpensify Travel Goes Head-to-Head with Navan

Expensify partnered with Spotana to launch Expensify Travel, a business travel booking platform based on Spotanas Travel-as-a-Service offering.

Source: News.BloomberglawCoatue Management Raises $3 Billion for Structured Equity Bets

Philippe Laffont’s Coatue Management raised about $3 billion for a structured equity fund that allows closely held companies to avoid raising money at lower valuations, a person with knowledge of the matter said.

Source: TechCrunchBrex takes a swipe at Concur with an expansion into travel

In yet another example of how competitive the spend management space has become, Brex announced today that it has expanded into travel. Besides seeking to snag market share from incumbents such as Concur, Brex is also taking on startups such as Navan (formerl…

Source: Business WireAirwallex partners with TripActions to support its global expenses andreimbursements

SAN FRANCISCO--(BUSINESS WIRE)--Global fintech Airwallex is pleased to announce that it has been chosen by TripActions as the partner of choice for its global cross-border payments and FX needs to support TripActions Liquid, its corporate card and expense man…

Source: TechCrunchTripActions secures $400M in credit facilities from Goldman Sachs, SVB

Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank (SVB).  Specifically, TripActions has secured a warehouse debt facility from…

Source: Business WireVeryfi Technology Enables TripActions to Eliminate Expense Reporting

SAN MATEO, Calif.--(BUSINESS WIRE)-- #AIML--Veryfi announced that TripActions is using the company’s technology to eliminate the time that is spent by employees filling out expense reports.

Source: TechCrunchTripActions reportedly files to go public at $12 billion valuation

TripActions is said to have filed confidentially to go public in the third quarter of next year at a $12 billion valuation. Citing an unnamed source, Business Insider broke the news on Wednesday that the company had filed confidential paperwork with the U.S. …