Navan
Founded Year
2015Stage
Line of Credit | AliveTotal Raised
$1.644BValuation
$0000Last Raised
$300M | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-18 points in the past 30 days
About Navan
Navan specializes in business travel solutions and expense management within the corporate services sector. The company offers an integrated platform that simplifies travel booking and automates expense management, providing real-time visibility and control over corporate spending. Navan's platform is designed to serve various sectors, including small businesses, startups, and large enterprises, by offering customizable travel programs and expense management tools. Navan was formerly known as TripActions. It was founded in 2015 and is based in Palo Alto, California.
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Navan's Product Videos
Navan's Products & Differentiators
Virtual cards for travel payments
TripActions Liquid is a centralized billing solution that streamlines the payment process from reservation through reconciliation. Instead of using personal funds for travel, employees can pay with a virtual corporate card when booking travel on TripActions. At the end of each billing cycle, finance teams get one consolidated statement that details each traveler’s spend, making reconciliation fast and easy.
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Research containing Navan
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Navan in 7 CB Insights research briefs, most recently on Jan 3, 2024.
Oct 26, 2023
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Expert Collections containing Navan
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Navan is included in 5 Expert Collections, including HR Tech.
HR Tech
5,755 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,249 items
Travel Technology (Travel Tech)
2,715 items
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Tech IPO Pipeline
825 items
SMB Fintech
355 items
Navan Patents
Navan has filed 12 patents.
The 3 most popular patent topics include:
- identifiers
- biological databases
- network protocols
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
7/7/2021 | 8/8/2023 | Graphical user interface elements, Identifiers, URI schemes, Domain name system, Mobile computers | Grant |
Application Date | 7/7/2021 |
|---|---|
Grant Date | 8/8/2023 |
Title | |
Related Topics | Graphical user interface elements, Identifiers, URI schemes, Domain name system, Mobile computers |
Status | Grant |
Latest Navan News
Oct 22, 2024
By PYMNTS | October 22, 2024 | Brex has revamped its partnership program designed for accounting, bookkeeping and outsourced and fractional CFO firms. The Brex Accounting Partnership Program now includes new product experiences, services and dedicated programs for accounting professionals, the company said in a blog post . “We made it a priority to recommit to our accounting partnership program and help make it a growth accelerator for firms,” Pedro Franceschi , CEO and co-founder of Brex, said in the post. “This upgraded experience will extend the power of our spend and accounting solutions at scale and enable partner firms to serve their clients more efficiently.” The Brex financial operations platform includes a comprehensive range of tools that auto-syncs data to the client’s enterprise resource planning (ERP) system of choice; an interface called Brex ProAccess that helps accounting firms manage all their Brex clients in one place; and an integration ecosystem that includes thousands of ERP, human resources information system (HRIS) and other integrations, according to the post. Other key features for Brex accounting partners include multi-entity capabilities, multicurrency support, direct data access, premium integrations and artificial intelligence (AI)-powered accounting features, the post said. The revamped partnership program also offers accounting firms custom onboarding offers for their clients, streamlined account management across all their Brex customers and a listing on Brex’s accounting directory, per the post. “Brex has already transformed financial operations for tens of thousands of businesses, offering a comprehensive suite of products for banking, corporate cards, spend management, bill pay and travel,” the post said. “Now, we’re reaffirming our commitment to the backbone of financial operational excellence: accounting firms.” The launch of this revamped program comes about 10 months after Brex laid off about 20% of its workforce as part of a restructuring that Franceschi said aimed to make Brex “a high-velocity company.” Franceschi said when announcing the move in January that there is a “massive opportunity ahead” for the company’s spend management solutions but that the Brex organization grew too quickly and was not moving as quickly as it did in the past. On Oct. 15, the company teamed up with Navan to launch a new joint offering for enterprises that streamlines travel payments into one workflow when using the Navan travel management platform. In September, Brex launched an embedded payments solution designed to make it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. Recommended
Navan Frequently Asked Questions (FAQ)
When was Navan founded?
Navan was founded in 2015.
Where is Navan's headquarters?
Navan's headquarters is located at 3045 Park Boulevard, Palo Alto.
What is Navan's latest funding round?
Navan's latest funding round is Line of Credit.
How much did Navan raise?
Navan raised a total of $1.644B.
Who are the investors of Navan?
Investors of Navan include Goldman Sachs, SVB Financial Group, Group 11, Andreessen Horowitz, Premji Invest and 14 more.
Who are Navan's competitors?
Competitors of Navan include Airbase, Inbanx, Center, Brex, WegoPro and 7 more.
What products does Navan offer?
Navan's products include Virtual cards for travel payments and 4 more.
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Compare Navan to Competitors
TravelPerk is a SaaS business travel platform that specializes in corporate travel management. The company offers an all-in-one platform for booking, organizing, and controlling business travel, with features such as travel policy automation, expense management, and 24/7 customer support. TravelPerk primarily serves sectors that require robust travel management solutions, including finance teams and travel managers within various organizations. It was founded in 2015 and is based in Barcelona, Spain.
Ramp specializes in spend management solutions within the financial technology sector. The company offers a suite of products that include corporate cards, expense management, and accounts payable automation designed to streamline finance operations and improve efficiency for businesses. Ramp's platform also provides features such as automated procurement, vendor management, and working capital solutions, catering to a diverse range of customer needs from startups to large enterprises. It was founded in 2019 and is based in New York, New York.
Brex is a financial technology company that specializes in AI-powered spend management for businesses. The company offers corporate credit cards, automated expense management, and bill payment software, as well as banking and treasury services that include high-yield deposits and FDIC-insured accounts. Brex primarily serves startups, mid-size companies, and enterprises, providing them with tools to control and track company spending in real-time. Brex was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.
Moss is a spend management platform that operates in the financial technology sector. The company provides solutions for corporate credit card issuance, expense management, and accounts payable automation, designed to streamline financial processes and enhance control over company spending. Moss's platform is tailored to the needs of modern SMB finance teams, offering features such as real-time budget tracking, receipt capture, and seamless integrations with accounting software. Moss was formerly known as Vanta. It was founded in 2019 and is based in Berlin, Germany.
Ekuaibao, now known as Hesai, is a provider of agile financial management solutions within the financial technology sector. The company offers a comprehensive suite of financial management services, including expense control, electronic invoicing, direct bank-enterprise integration, and financial data analytics. Hesai's products are designed to streamline financial processes, enhance transparency, and improve efficiency for businesses. It was founded in 2014 and is based in Beijing, Beijing.
Cloud Helios is a company that focuses on providing SaaS solutions for financial cost control, electronic archives, and corporate consumption. The company offers a range of services including invoice management, expense management, cost auditing, payment management, accounting management, data analysis, and risk control. It primarily serves sectors such as manufacturing, new energy, retail, medical, education, and chemical industries. It was founded in 2016 and is based in Shanghai, Shanghai.
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