# TripActions

> TripActions, renamed Navan in February 2023, combines business travel booking, expense management, corporate payments, and traveler support. It serves companies and their employees globally, using policy controls, booking incentives, and automation to connect traveler convenience with finance oversight.

- **Founded:** 2015
- **Headquarters:** Palo Alto, United States
- **Founders:** Ariel Cohen (Co-founder and CEO), Ilan Twig (Co-founder and CTO)
- **Products:** Navan Travel, Navan Expense / TripActions Liquid, Navan Rewards, Navan Connect, Ava
- **Notable:** Renamed TripActions to Navan and unified travel, cards, and expense in February 2023., Completed Nasdaq IPO in October 2025; ticker NAVN., Reported first full year of positive operating cash flow and free cash flow in FY2026.

## Products & services

- **Navan Travel** — Flights, hotels, rental cars, and rail booking with company policies, reporting, self-service changes, and 24/7 support.
- **Navan Expense / TripActions Liquid** — Expense capture, reconciliation, reimbursements, and corporate payments; Liquid launched February 25, 2020.
- **Navan Rewards** — Navan-funded incentives for eligible cost-conscious hotel bookings, redeemable toward personal hotel stays.
- **Navan Connect** — Links eligible existing Visa and Mastercard corporate cards to expense management without replacing the issuer relationship.
- **Ava** — AI travel support agent; Navan reported it handled approximately 60% of customer interactions in Q2 FY2027.
- **Navan Edge** — AI travel assistant aimed at frequent travelers, with personalized trip assistance and restaurant discovery through OpenTable.
- **Meetings and Events / BoomPop** — Group travel and event planning; Navan acquired BoomPop in September 2026.

## Achievements

- Renamed TripActions to Navan and unified travel, cards, and expense in February 2023.
- Completed Nasdaq IPO in October 2025; ticker NAVN.
- Reported first full year of positive operating cash flow and free cash flow in FY2026.
- Reported $9.1 billion gross booking volume for FY2026.

## Latest updates

- **2026-09** — Q2 FY2027 revenue reached $233 million, up 35% year over year, with a $29 million GAAP net loss.
- **2026-09** — Acquired AI event-planning platform BoomPop; acquisition price was not stated in the announcement.
- **2026-09** — Company said Ava handled about 60% of customer interactions during Q2 FY2027.
- **2026-09** — Navan reported co-founder Ilan Twig ranked second in Skift’s 2026 travel-builder power ranking.

## Links

- Website: https://navan.com/
- LinkedIn: https://www.linkedin.com/company/navan/
- Twitter/X: https://x.com/Navan
- YouTube: https://www.youtube.com/@GetNavan
- Instagram: https://www.instagram.com/getnavan/
- Facebook: https://www.facebook.com/GetNavan
- TikTok: https://www.tiktok.com/@navan

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Profile page: https://yespress.io/tripactions
Published by YesPress — https://yespress.io
Last updated: 2026-10-24