Navan, Inc. delivers an innovative, AI-powered software platform engineered to simplify the complex landscape of corporate travel and expense management. This advanced ...
Navan, Inc. (formerly TripActions) is a technology company specializing in corporate travel and expense management. Founded in 2015 by Ariel Cohen and Ilan Twig, the company is headquartered in Palo Alto, California. Navan offers a comprehensive platform that integrates travel booking, corporate payments, and expense reporting, catering to finance, HR, travel managers, and other departments. As of the latest data, the company has approximately 3,700 employees and reported strong revenue growth, with LTM revenue of $613 million and LTM gross booking volume of $7.6 billion. The company went public in October 2025 and is listed on NASDAQ. Navan's solutions aim to streamline the entire business travel process, from policy enforcement to reconciliation, and are used by a wide range of organizations. The company emphasizes innovation and AI to deliver value to both clients and their vendors. Financially, Navan has shown increasing revenue but also negative profitability metrics, reflecting investment in growth. Key financial indicators include a gross profit margin of 72.1%, but a net profit margin of -46.7%, indicating significant operating losses. The company's market cap is approximately $6.95 billion, and it has a strong balance sheet with a current ratio of 4.275 and low debt levels. Leadership includes CEO Ariel Cohen and CTO Ilan Twig, who previously co-founded StreamOnce. The company rebranded to Navan in February 2023, reflecting its expanded focus from travel to broader expense management. With a commitment to innovation, Navan continues to expand its offerings and market presence.
