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Founded Year



Line of Credit | Alive

Total Raised




Last Raised

$300M | 1 yr ago

About Navan

Navan provides travel, expense, and corporate card management services for businesses. It allows users to book, view, and manage their business travel and expenses, provides corporate cards, and more. It was formerly known as TripActions. The company was founded in 2015 and is based in Palo Alto, California.

Headquarters Location

3045 Park Boulevard

Palo Alto, California, 94306,

United States



Navan's Product Videos


ESPs containing Navan

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Payments Tech

The expense management software market aims to streamline and automate the management of employee expenses within an organization. These solutions simplify the process of submitting, approving, and reimbursing expenses, while also providing tools for expense tracking, policy enforcement, and reporting. Solutions typically include features like receipt scanning, expense categorization, mobile apps,…

Navan named as Leader among 15 other companies, including Brex, SAP Concur, and Pleo.

Navan's Products & Differentiators

    Virtual cards for travel payments

    TripActions Liquid is a centralized billing solution that streamlines the payment process from reservation through reconciliation. Instead of using personal funds for travel, employees can pay with a virtual corporate card when booking travel on TripActions. At the end of each billing cycle, finance teams get one consolidated statement that details each traveler’s spend, making reconciliation fast and easy.


Expert Collections containing Navan

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Navan is included in 5 Expert Collections, including HR Tech.


HR Tech

4,043 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.


Unicorns- Billion Dollar Startups

1,228 items


Travel Technology (Travel Tech)

2,715 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.


Tech IPO Pipeline

825 items


SMB Fintech

355 items

Navan Patents

Navan has filed 9 patents.

The 3 most popular patent topics include:

  • online travel agencies
  • videotelephony
  • teleconferencing
patents chart

Application Date

Grant Date


Related Topics




Graphical user interface elements, Identifiers, URI schemes, Domain name system, Mobile computers


Application Date


Grant Date



Related Topics

Graphical user interface elements, Identifiers, URI schemes, Domain name system, Mobile computers



Latest Navan News

Navan Lays Off 145 Employees to Accelerate Move to Profitability

Dec 6, 2023

By PYMNTS  | December 5, 2023  | Corporate travel and expense management startup  Navan  has laid off 145 people. The layoffs — 5% of the company’s staff — are part of a restructuring, TechCrunch reported  Tuesday (Dec. 5). “We are refocusing efforts to move faster toward profitability as we enter the next phase of the company,” a Navan spokesperson told the media outlet. “As such, we have made the difficult decision to reduce the size of our global workforce by 5% to increase operational efficiencies as we continue to reinvent travel and expense through innovation.” The company has recorded strong growth over the past three years, the spokesperson said, per the report. Navan filed confidentially to go public sometime this year but shifted the target date to April 2024, the report said. “I think eventually we will be a public company,” Navan CEO and Co-Founder  Ariel Cohen  told TechCrunch, adding that the company is growing fast but that the market is not right at this time. Companies sometimes lay off staff as they are planning to go public, aiming to make cost reductions that are viewed favorably by public markets, the report said. The news of the layoffs comes about a month after Navan and  Citi  launched a new  travel and expense system  for Citi Commercial Bank (CCB) cardholders. The system aims to provide a seamless digital experience for CCB cardholders and will initially be available to U.S.-based clients. “Before Navan Connect, banks were limited to offering their customers disparate travel and payment solutions,” Cohen said when announcing the system. “Today, Navan and Citi are helping to make travel and expense management easy for Citi Commercial Bank clients.” In another recent development in this space,  spend management  solution  Spendesk  announced a new integration with global travel management platform  TravelPerk  in November, saying business travel and smart spend management “go perfectly hand in hand.” During the same month,  expense management  platform  Fyle  partnered with tax, audit and consulting services firm  Sensiba  to automate and deliver expense reporting and credit card reconciliation solutions. This partnership enables artificial intelligence (AI) expense management to provide spend insights and more control to finance leaders. Recommended

Navan Frequently Asked Questions (FAQ)

  • When was Navan founded?

    Navan was founded in 2015.

  • Where is Navan's headquarters?

    Navan's headquarters is located at 3045 Park Boulevard, Palo Alto.

  • What is Navan's latest funding round?

    Navan's latest funding round is Line of Credit.

  • How much did Navan raise?

    Navan raised a total of $1.644B.

  • Who are the investors of Navan?

    Investors of Navan include Silicon Valley Bank, Goldman Sachs, Group 11, Andreessen Horowitz, Coatue and 13 more.

  • Who are Navan's competitors?

    Competitors of Navan include Travelport, Center, Travelstop, TravelPerk, TroopTravel and 7 more.

  • What products does Navan offer?

    Navan's products include Virtual cards for travel payments and 4 more.


Compare Navan to Competitors

TravelPerk Logo

TravelPerk develops an automated business travel management platform. It allows its users to have access to a single booking platform that integrates all major airline, hotel, car rental, and train websites to manage itineraries, payment methods, and travel policies. The company was founded in 2015 and is based in Barcelona, Spain.

Ramp Logo

Ramp offers credit cards for small and medium-sized businesses (SMBs). It provides companies with higher card limits, saving opportunities, automated expense management, receipt matching, and accounting integration. The company provides its services to startups, enterprises, and other entities. It was founded in 2019 and is based in New York, New York.

Mesh Logo

Mesh offers a platform for companies to oversee and manage employee expenses, and for employees to track and manage how and where they spend money. It offers integrations with QuickBooks, Slack, NetSuite, Xero, and G Suite from Google. The company was founded in 2018 and is based in New York, New York.

Spotnana Logo

Spotnana is a company that focuses on modernizing the infrastructure of the travel industry. The company offers a travel-as-a-service platform that simplifies travel and makes it more affordable for corporations, while also enabling operational efficiency, new revenue sources, and innovation for its partners in the travel industry. It was founded in 2020 and is based in New York, New York.

Brex Logo

Brex operates as a financial solutions company. It offers a corporate credit card, expense management solutions, financial modeling, bill payment, business account, and more. The company provides its services to startups and scaling businesses. It was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.

Tripgrid Logo

Tripgrid offers a flexible project-based workspace. It helps businesses to automate and streamline travel workflows, such as travel documents and reports, data normalization, and cost reconciliation. The company was founded in 2016 and is based in Portland, Oregon.


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