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
- Debt Financing — $400.0M — Dec 2022
- Venture - Series Unknown — $275.0M — Oct 2021
- Venture - Series Unknown — $362.0M — Oct 2021
- Venture - Series Unknown — $210.9M — Jul 2019
- Venture - Series Unknown — $152.4M — Nov 2018
Recent signals
- Jun 24, 2026: Navan Partners with Enbridge to Enhance Travel Booking Experience and Achieve CAD $2 Million Annual Savings.
- Jun 18, 2026: 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 in Debt Financing
- Oct 26, 2021: Raised $275.0M in Venture - Series Unknown
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