Navan

Connecticut, United States · Finance, Financial Services, Information Technology · 3,400 employees

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.

Funding history

Funding Round — $400.0M — Dec 2022
Funding Round — $275.0M — Oct 2021
Funding Round — $362.0M — Oct 2021
Funding Round — $210.9M — Jul 2019
Funding Round — $152.4M — Nov 2018

Recent signals

Jul 11, 2026: Acquired Navan to acquire Brazilian firm Smartrips
Jun 24, 2026: Navan Partners with Enbridge to Enhance Travel Booking Experience and Achieve CAD $2 Million Annual Savings.
Jun 18, 2026: Acquired Navan acquires Smartrips to enhance travel in Brazil
Jan 28, 2026: SEC 8-K (5.02): On January 28, 2026, Navan, Inc.'s Board of Directors increased its size from nine to ten members and elected Shai Weiss as a Class III director, effective immediately. Mr. Weiss's term is set to continue until the 2028 annual meeting of stockholders or until his earlier death, resignation, or removal. In addition to his role as a director, Mr. Weiss has been appointed to the Board's Audit Committee. He brings significant expertise in the travel, technology, and financial sectors, having held relevant executive positions from January 2019 to December 2025, further strengthening the Board's capabilities.
Jan 23, 2026: Navan Elevates Erika White to Chief Marketing Officer
Nov 03, 2025: NAVAN, INC. Enters into Exchange Agreement Ahead of IPO
Nov 04, 2024: Breeze Airways Expands Business Travel Across the U.S. with Navan Partnership
Dec 08, 2022: Raised $400.0M

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