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About
Navan provides a travel and expense management solution tailored for enterprises. Its platform enables users to efficiently book, view, and manage business travel and expenses through a cloud-based and mobile interface. The system incorporates AI to streamline processes and offers features like Navan Rewards, which incentivizes employees to save on travel costs by providing rewards for cost-effective decisions. Additionally, the Navan card integrates expense management directly into the travel booking experience. Unlike many competitors, Navan focuses on balancing business needs with modern standards while promoting diversity and inclusion within its workforce. The company's goal is to enhance human connections, improve operational efficiency for businesses, and facilitate better decision-making through data insights.
Company Stage
Debt Financing
Employees
1,001-5,000
Industries
Data & Analytics, Enterprise Software, Fintech
Total Funding
$1B
Headquarters
Palo Alto, California
Founded
2015
Simplify's Take
What believers are saying
- Navan's acquisition of Tripeur expands its presence in the Indian market.
- The partnership with Rho enhances Navan's financial tools for corporate clients.
- Navan's expansion in Europe increases its global footprint and market reach.
What critics are saying
- Brex's enhanced program may attract Navan's potential clients.
- Integration challenges may arise from Navan's acquisition of Tripeur in India.
- Competition in Europe may hinder Navan Connect's market penetration.
What makes Navan unique
- Navan integrates AI to optimize travel and expense management for enterprises.
- Navan Rewards incentivizes cost-effective travel decisions, enhancing user engagement.
- Navan Connect supports global transactions, offering seamless expense management across regions.
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6 month growth
↑ 10%1 year growth
↑ 19%2 year growth
↑ 34%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
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