Navan

Company Overview

Snapshot

Founded in March 2015 by Ariel Cohen and Ilan Twig, Navan operates with over 3,000 employees. The company has raised a total of $1.99 billion across 15 funding rounds from 15 investors. Navan went public on NASDAQ in October 2025, raising $923 million in its Initial Public Offering.

Business overview

Navan is a corporate travel management company that provides end-to-end solutions for businesses' travel and expense needs. Its platform offers real-time data and analytics, customizable options, and personalized support to help clients manage their travel expenses more efficiently and cost-effectively. The company operates within the Fintech & Insurtech sector, serving enterprises with its cloud-based platform and mobile interfaces.

Strategic signal

Navan's strategic partnerships in May 2026, including selections by Criteo and Schindler to modernize global travel management, alongside a partnership with Simplot to improve global travel access, indicate a strong focus on expanding its enterprise client base and enhancing its platform's reach and capabilities. These collaborations demonstrate continued market validation and a forward trajectory in securing significant corporate accounts.

Company Intelligence Q&A

When did Navan go public?

Navan went public on NASDAQ in October 2025, raising $923 million in its Initial Public Offering at a valuation of $6.21 billion.

What was Navan's valuation at its IPO?

Navan achieved a valuation of $6.21 billion at its Initial Public Offering in October 2025, which was a decrease from its $9.2 billion valuation in its October 2022 financing round.

Which companies recently selected Navan for travel management?

In May 2026, Criteo selected Navan to modernize its global travel management, and Schindler also chose Navan to elevate its global travel operations.

What new integrations has Navan recently announced?

In May 2026, Navan strengthened its European train offering with Swedish Rail integration and unlocked savings for travelers with its first SAS NDC Direct Connect.

What was a significant acquisition by Navan in 2022?

In February 2022, Navan acquired the German TMC Comtravo, expanding its presence and capabilities in the European market.