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Navan acquires BoomPop to enhance event services

PUBLIC · NAVNSep 09, 2026about 2 hours ago

Acquiring Company

Navan

Acquired Company

BoomPop

Palo AltoSan FranciscoInformation TechnologyFinancial ServicesSoftwareFinanceTravelLendingSoftwareEventsArtificial IntelligenceEvent Management

Description

Navan has acquired BoomPop, an AI-driven events platform that facilitates end-to-end event management. This acquisition aims to enhance Navan's offerings in the meetings and events sector. BoomPop is known for its rapid growth and innovative solutions since its inception in 2023. The integration is expected to provide significant value to Navan's business travel and expense management services.

Company Information

Company

Navan

Location

Palo Alto, California, United States

About

Navan is a $9.2 billion travel and expense management platform founded by entrepreneur Ariel Cohen, helping employees at companies manage their expenses and travel bookings. It competes with the likes of SAP Concur, American Express, TravelPerk, Brex, and Ramp.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired BoomPop?

BoomPop was acquired by Navan, based in Palo Alto. The deal was reported on September 9, 2026. Navan is a $9.2 billion travel and expense management platform founded by entrepreneur Ariel Cohen, helping employees at companies manage their expenses and travel bookings. Navan is publicly traded (NAVN) and operates in Information Technology.

When did Navan acquire BoomPop?

Navan's acquisition of BoomPop was reported on September 9, 2026. Navan has acquired BoomPop, an AI-driven events platform that facilitates end-to-end event management. This acquisition aims to enhance Navan's offerings in the meetings and events sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BoomPop do?

BoomPop is a San Francisco-based provider of an AI-powered platform for company events. The platform automates event discovery, booking, and planning, catering to both event professionals and casual planners. It is privately held, operating in Software, and is based in San Francisco.

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