Fundz

Tripactions Secures $400M In Credit Facilities From Goldman Sachs, Svb

PUBLIC · NAVNDec 08, 2022

Amount Raised

$400 Million

Round Type

Debt Financing

Palo AltoInformation TechnologyFinancial ServicesSoftwareFinanceTravelLending

Description

Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank (SVB).

Quick answer

Navan raised $400 Million in a Debt Financing round, dated December 8, 2022. Navan is based in Palo Alto, California, United States.

How much did Navan raise?
Navan raised $400 Million in a Debt Financing round on December 8, 2022.
What does Navan do?
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.
Where is Navan based and how big is it?
Navan is based in Palo Alto, California, United States. Fundz records about 2,314 employees.
Who are the decision-makers at Navan?
Fundz holds 1 contact at Navan, including the Head of Talent Acquisition, Israel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Navan that raised within 45 days of this round, from Fundz verified event records.

  • Bitwave raised $15M (Series A) on December 6, 2022.
  • Blackthorn raised an undisclosed amount (Funding Round) on November 17, 2022.
  • Architect raised $5M (Funding Round) on January 20, 2023.
  • Monarch raised $1M (Seed) on January 13, 2023.
  • Stonehill raised $160M (Funding Round) on January 10, 2023.
  • Streamex Corp. raised $1.8M (Seed) on January 10, 2023.

Who to call at Navan, and when

A new round usually means Navan is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Navan, from your own LinkedIn network

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Company Information

Company

Navan

Location

260 California Avenue

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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Related People

1 contact
Verified contactsYael N., Head of Talent Acquisition, Israel hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Navan raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.