Sell Navan (Formerly TripActions) Stock"

2015
Enterprise Software
$1.31B
navan.com

Investors Include:

Andreessen HorowitzLightspeed Venture Partners

Further Key Investors:

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

A business payment and travel management platform that utilizes real-time data to ensure passenger safety and expense management. The platform offers an online booking tool with extensive inventory and international travel agency partnerships, improving the traveler experience and generating cost savings. With OpenAI integration throughout the product infrastructure and the virtual assistant, Ava, Navan is the first travel company to utilize generative AI technology.

Management Team
Ariel Cohen
Ilan Twig
Ram Bartov
Kim Huffman
Meagen Eisenberg
Grant Mcgrail
Ryan O'neil
Whitnee Hawthorne
Daniel Finkel
Nina Herold
Shaka Senghor
Michael Goren
Board Members
Ariel Cohen
Arif Janmohamed
Benjamin A. Horowitz
Ilan Twig
Mary Agnes A. Wilderotter
Neil Mehta
Oren Zeev
News
TechCrunch

Brex 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…

Business Wire

Airwallex 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…

TechCrunch

TripActions 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…

Business Wire

Veryfi 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.

TechCrunch

TripActions 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. …

Bloomberg

Travel 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.