Navan

Navan

Travel and expense management solution for enterprises

About Navan

Simplify's Rating
Why Navan is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$1.7B

Headquarters

Palo Alto, California

Founded

2015

Overview

Company Does Not Provide H1B Sponsorship

Navan provides a travel and expense management platform tailored for enterprises. The platform enables users to efficiently book, view, and manage their business travel and expenses through a cloud-based and mobile interface. It incorporates AI technology to streamline processes and offers features like Navan Rewards, which incentivizes employees to make cost-effective travel choices by providing rewards for saving on travel costs. Additionally, the Navan card integrates expense management directly into the travel booking experience. Unlike many competitors, Navan focuses on creating a supportive environment for its employees, emphasizing diversity, equity, and inclusion. The company's goal is to enhance human connections, improve operational efficiency for businesses, and empower better decision-making through data and insights.

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven analytics optimize travel itineraries for cost savings.
  • Expansion of 5G enhances mobile solutions for real-time travel management.
  • Navan's eco-friendly options align with the trend towards sustainable travel.

What critics are saying

  • Wyndham and Katanox partnership increases competition in travel management.
  • Amex GBT and CWT merger could challenge Navan's market position.
  • Mastercard's Middle Market Accelerator may attract clients away from Navan.

What makes Navan unique

  • Navan combines cloud, mobile, and AI for travel and expense management.
  • Navan Rewards incentivizes cost-effective travel decisions with rewards.
  • Navan Connect supports transactions with nearly 250 global banks.

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Funding

Total Funding

$1741.2M

Above

Industry Average

Funded Over

9 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Flexible Vacation: Take time off when you need it, just work with your manager.

Healthcare: Medical, dental, and vision for you and your family.

Commuter benefits: Pre-tax transit dollars, $70 a month to ease your commute.

Parental leave: All parents (birthing and non-birthing) are eligible for paid leave.

Health and Wellness: Annual wellness stipend and access to a full spectrum of resources.

Fuel for Connection: We provide in-office snacks and lunches*, fostering community and in-person connections.

Pet Friendly: Pet insurance with preferred rates and dog friendly offices*.

401k: We care about your future and offer a 401k retirement plan program and company match.

IATAN: Employees can register and receive access to thousands of travel related discounts.

Connectivity Allowance: We support our employees ability to work seamlessly and confidently while from home and offer a bi-weekly stipend

Learning & Development: Annual Learning and Development allowance to propel professional growth

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
PhocusWire
Mar 13th, 2025
Wyndham Looks To Katanox To Save Distribution And Payment Costs

Wyndham Hotels Resorts is rolling out a combined distribution, payments and commission settlement technology platform across its portfolio. The company, which has more than 9,000 properties under franchise, is working with Katanox to drive cost savings and operational efficiencies as well as better control for franchisees with the technology

PhocusWire
Feb 19th, 2025
Uk Regulator Reconsidering Block On Amex Gbt'S Acquisition Of Cwt

One obstacle to American Express Global Business Travel's acquisition of CWT appears to be clearing, as the United Kingdom's Competition and Markets Authority has reversed its position that the merger would weaken competition.In a supplementary interim report of its investigation of the $570 million mega-TMC merger published on Tuesday, the CMA said its further analysis and review of evidence submitted by Amex GBT and CWT show that CWT is "a materially weaker competitor" than it had previously assessed, citing its "financial difficulties" and that "its financial position is unlikely to improve, and it potentially faces a trajectory of losing more business than it will gain.". Get a dose of digital travel in your inbox each day

PYMNTS
Feb 18th, 2025
Mastercard Debuts Accelerator For Middle-Market Companies

Mastercard has unveiled a tool to help financial providers service their middle-market customers. The company’s Middle Market Accelerator, announced Tuesday (Feb. 18), combines Mastercard’s digital payments technology with services to provide transparency, automation and security, Mastercard said in a news release. “There is an untapped opportunity to support the growth and digitization of middle-market companies, specifically the lower-middle market, which is broadly defined as companies with annual revenues between $10 million and $100 million, or with roughly 50-250 employees,” the release said

PYMNTS
Oct 22nd, 2024
Brex Launches Revamped Partnership Program For Accounting Firms

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.”

PhocusWire
Oct 18th, 2024
Phocuswire'S Weekly Travel Tech News Briefs: Sabre, Navan, Amtrav And More

Here's our roundup of the people, product and partner news from the global travel industry this week.Sabre Hospitality, Lotte Hotels ResortsSabre Hospitality is now. the primary reservation platform for Lotte Hotels Resorts, a hotel group. in Korea

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