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Navan (Formerly TripActions) stock

Navan (Formerly TripActions) Stock

Operations, Productivity And Communication
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Founded: 2015Funding to Date: $1B
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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
Coatue Management 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, Base Partners, Addition, Discovery Ventures (Berlin).

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Management Team

Ariel CohenCo-Founder, Board Member & Chief Executive Officer
Ilan TwigCo-Founder, Board Member & Chief Technology Officer
Ram BartovChief Accounting Officer
Kim HuffmanChief Information Officer
Meagen EisenbergChief Marketing Officer
Grant McgrailChief Revenue Officer
Ryan O'neilDirector, Product - Customer Success
Whitnee HawthorneChief Customer Officer
Daniel FinkelChief Commercial Officer
Nina HeroldChief Product & Operations Officer
Shaka SenghorHead of Diversity, Equality and Inclusion
Michael GorenSales Development Manager

Board Members

Ariel CohenBoard Member
Arif JanmohamedBoard Member
Benjamin A. HorowitzBoard Member
Ilan TwigBoard Member
Mary Agnes A. WilderotterBoard Member
Neil MehtaBoard Member
Oren ZeevBoard Member

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Navan (Formerly TripActions) in the News

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. …

Source: BloombergTravel Firm TripActions Is Nearing a Confidential IPO Filing, Sources Say

TripActions, a travel startup, is close to filing confidentially for an initial public offering, according to people familiar with the matter, as people get back on planes and trains following the easing of the Covid-19 pandemic.