What is Navan?
Corporate travel, expense, and payments platform for business travelers and finance teams.
- Category
- Travel and expense
- Headquarters
- Palo Alto, CA
- Founded
- 2015
- Employees
- ~3,000
- Total funding
- ~$2.2B disclosed
- Status
- Public: Nasdaq NAVN
What is Navan?
Navan is a corporate travel and expense platform that combines booking, corporate cards, expense automation, payments, and travel support.
Navan began as TripActions and rebranded in 2023 to emphasize a single app for business travel and spend management. Its platform lets employees book flights, hotels, rail, and cars while finance teams enforce policy, issue cards, reconcile expenses, and track spend.
The company went public in October 2025 after years as a highly valued private travel-tech company. Its IPO followed a rebound in corporate travel and a strategic push to bundle travel management with expense automation and payments revenue.
Sources:NavanNavan Wikipedia
What does Navan offer?
Navan offers travel booking, expense management, corporate cards, payments, policy controls, analytics, support, and meetings tools.
- Navan Travel· Travel management
- Navan Expense· Expense automation
- Navan Corporate Card· Payments
- Policy controls· Finance operations
- Travel support· Service
- Spend analytics· Reporting
- Meetings and groups· Travel
Sources:Navan productsNavan expense
How does Navan make money?
Navan makes money through corporate travel management fees, SaaS-style expense subscriptions, interchange on card spend, booking economics, and enterprise contracts.
Navan sells to companies rather than consumers. Public pricing is largely quote-based, with packages varying by travel volume, expense needs, service level, and global support requirements; the company also monetizes payments through corporate-card interchange.
Growth comes from attaching expense and card products to travel customers, increasing managed travel volume, and winning larger enterprise accounts from legacy travel management companies. The bundle is designed to give finance teams lower leakage and faster reconciliation while giving employees a consumer-grade booking experience.
Sources:Navan pricingNavan products
Who leads Navan?
Navan is led by co-founder and CEO Ariel Cohen, with co-founder Ilan Twig and CFO Amy Butte among the key public-company operators.
- Ariel CohenCo-founder and CEOCo-founder - since 2015Leads company strategy, travel-tech positioning, and investor narrative.
- Ilan TwigCo-founder and Chief Technology OfficerCo-founder - since 2015Leads product architecture and engineering.
- Amy ButteChief Financial OfficerAppointed 2024Former NYSE executive brought in as Navan prepared for public markets.
- Nina HeroldChief Product OfficerExecutive leadershipOwns product strategy across travel, expense, and payments.
How do you contact Navan's leadership?
Navan publishes company contact channels, but verified personal executive addresses are not public. Executive emails below are format-following only and should be verified before use.
first.last@navan.com (format-following; verify before use)Sources:Navan contactNavan newsroom
How much funding has Navan raised?
Navan raised roughly $2.2 billion in disclosed private funding before going public in October 2025.
Navan's major private financing included early venture rounds after its 2015 founding; a $154 million Series C in 2018 led by Andreessen Horowitz; a $250 million Series D in 2019; a $155 million Series E in 2020 during the pandemic travel shock; a $275 million Series F in 2021; and a $300 million Series G in October 2022 at a $9.2 billion valuation.
The company then rebranded from TripActions to Navan in 2023, appointed public-company finance leadership in 2024, and listed on Nasdaq in October 2025 under NAVN. Its public-market valuation replaced the private-round valuation as the relevant status marker by June 2026.
How did Navan get here?
Navan evolved from TripActions into a public travel-and-expense platform.
- 2015Founded as TripActionsAriel Cohen and Ilan Twig founded the company in Palo Alto.
- 2019Unicorn growthRaised major growth capital as managed business travel moved online.
- 2020Pandemic resetCorporate travel collapsed, forcing the company to expand expense and payments.
- 2022Series GRaised $300M at a $9.2B valuation.
- 2023Rebranded to NavanUnified travel, expense, and card products under a new brand.
- 2025IPOWent public on Nasdaq under NAVN.
Sources:Navan WikipediaNavan newsroom
Who are Navan's competitors?
Navan competes with legacy travel management companies, expense platforms, and corporate card products.
- SAP ConcurIncumbent enterprise travel and expense suite with deep ERP integration.
- TravelPerkTravel management platform focused on SMB and mid-market customers.
- RampSpend-management platform that competes on cards, expenses, procurement, and travel.
- BrexCorporate card and spend platform with travel and expense capabilities.
- American Express Global Business TravelLarge enterprise travel management company with global service coverage.
Sources:Navan productsSAP Concur
Navan — frequently asked questions
