# Navan

> Navan (formerly TripActions) is a Palo Alto-based travel and expense platform that combines corporate travel booking, company cards, and automated expense reporting into a single product. Founded in 2015 by Ariel Cohen and Ilan Twig, it built its reputation by replacing legacy tools like SAP Concur with a consumer-grade interface, and has since leaned heavily into agentic AI through its assistant Ava and the Navan Cognition platform. The company went public on Nasdaq in October 2025 under the ticker NAVN.

- **Founded:** 2015
- **Headquarters:** Palo Alto, California, United States
- **Founders:** Ariel Cohen (Co-founder & CEO), Ilan Twig (Co-founder & CTO)
- **Team size:** ~3,400 employees
- **Products:** Navan Travel, Navan Expense, Navan Connect, Ava, Navan Cognition
- **Notable:** Rebranded from TripActions to Navan in February 2023, Reached a $9.2B private valuation at its 2022 Series G, IPO on Nasdaq (NAVN) in October 2025, raising about $923M

## Products & services

- **Navan Travel** — Corporate travel booking with global inventory, dynamic in-app policies, and 24/7 support, all built into one platform.
- **Navan Expense** — Automated expense management that links card data to trips, auto-categorizes spend, scans receipts, and reconciles transactions.
- **Navan Connect** — Card-link technology that supports existing corporate cards from 250+ banks so companies keep their card program and add automated expense tracking.
- **Ava** — Navan's AI travel and expense assistant - an orchestrated set of specialist agents that resolve support requests, handle disruptions, enforce policy, and analyze spend.
- **Navan Cognition** — An agentic AI framework built on a unified data foundation capturing 130+ data elements, coordinating hundreds of specialist AI agents in real time.

## Achievements

- Rebranded from TripActions to Navan in February 2023
- Reached a $9.2B private valuation at its 2022 Series G
- IPO on Nasdaq (NAVN) in October 2025, raising about $923M
- Surpassed 10,000 customers and $7.6B in gross bookings
- Named an IDC T&E Leader for Enterprise Companies and a Built In Best Place to Work

## Latest updates

- **2025-10** — Navan completed its IPO on the Nasdaq Global Select Market under ticker NAVN, raising approximately $923M at roughly a $6.2B valuation.
- **2025-09** — Navan filed its S-1 for an initial public offering.
- **2025** — Navan unveiled Navan Cognition, an agentic AI framework coordinating hundreds of specialist AI agents.

## Links

- Website: https://navan.com
- LinkedIn: https://www.linkedin.com/company/navan
- Twitter/X: https://twitter.com/tripactions
- YouTube: https://www.youtube.com/@Navan
- Instagram: https://www.instagram.com/navantravel/
- Facebook: https://www.facebook.com/TripActions/

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Profile page: https://yespress.io/navan
Published by YesPress — https://yespress.io
Last updated: 2026-06-02