Navan, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Navan, Inc. - overview
Established
2015
Location
Palo Alto, CA, US
Primary Industry
Software
About
Navan, Inc. , formerly known as TripActions, is a US-based corporate travel management platform that specializes in optimizing travel and expense management processes for businesses through intelligent solutions. Founded in 2015 in Palo Alto, US, Navan, Inc. , formerly known as TripActions, operates as a provider of business travel solutions.
In January 2026, Navan, Inc. raised USD 3. 42 million in PIPE funding from Lunate. The firm was co-founded by Ilan Twig and Ariel Cohen.
Navan offers a comprehensive corporate travel management platform that facilitates a streamlined travel booking experience for businesses. Its services include a robust travel booking system with access to a wide range of travel options and an automated expense management solution. The platform allows employees to book, modify, or cancel trips while ensuring compliance with company policies. Additionally, it provides analytics tools to help organizations understand spending patterns.
Navan serves a diverse clientele across various industries including technology, finance, healthcare, and retail, operating in key markets such as the United States, United Kingdom, Germany, France, and Spain. Navan generates revenue primarily through subscription-based services and transaction fees from travel bookings. The company employs a tiered pricing structure, allowing businesses to choose plans that align with their travel needs and budget. Revenue is derived from booking fees and premium services for high-value clients, supplemented by an effective rewards program that incentivizes cost-effective travel bookings.
Current Investors
Lunate, Lightspeed Venture Partners, Group 11
Primary Industry
Software
Sub Industries
Travel & Tourism, Web Applications, Analytics & Performance Software, Application Integration Software
Website
www.navan.com
Verticals
Artificial Intelligence, Cloud Computing, E-commerce, FinTech, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Navan, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Navan, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.