Navan Labs Ltd.

navan.com

Formerly TripActions

High-Tech Company
Public Company

(NASDAQ GS: NAVN)

TECH VERTICALS

FinTech, PayTech, Travel Tech Artificial Intelligence, B2B, Budget Management, Cloud, Data Analytics, Enterprise Applications, Generative AI, Tourism

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	2015
Number of Employees	3,000
Employees in Israel	150
Reg. Number:	abCDe

DESCRIPTION

Navan provides an all‑in‑one corporate travel platform that seamlessly combines flight, hotel, and ground transportation booking with expense management and corporate card functionality. Navan’s cloud-native, AI-powered platform streamlines travel booking, enforces expense policies, and automates reimbursements within 24-48 hours – serving thousands of companies including Unilever, Adobe, Netflix, Zoom, and Shopify. Navan integrates gen-AI features (like its “Ava” assistant) to personalize travel choices and accelerate approvals, while offering 24/7 support and policy compliance monitoring to help companies reduce travel costs by approximately 30%.

TECHNOLOGY

Travel Management, Expense Management, Generative AI assistant, Compliance Monitoring, Advanced Analytics.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Accounting Teams, Executive Assistants, Finance Teams, Travel Managers, Travelers, Small Businesses and Enterprises in various industries: Energy and Utilities, Financial Services, Food and Beverage, Health and Wellness, Industrial and Manufacturing, Media and Entertainment, Professional Services, Real Estate and Construction, Retail and E-Commerce, Software.

	BUSINESS MODEL
	B2B

Patents

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Publication ID/Number

Patent Title

Status

Initial Filing Date

US20250156847

Methods and systems for controlling usage of a payment card in accordance with a corporate travel policy

Pending

Nov. 21, 2024

Grant Date
Jurisdictional Coverage	EP CA WO US
Technology Classification	G06Q10/02 Reservations, e.g. for tickets, services or events
Description	A method for managing payment card usage in line with corporate travel policies involves issuing a deactivated payment card to a user for a business trip. The system receives a charge request from an external platform and checks if it aligns with the user's scheduled trip and corporate travel policies before authorizing the charge.
Expiration Date
Publication Date
Rejection Date
Web Link	https://patents.google.com/patent/US20250156847A1/
Remarks

WO2024081965

Training a machine-learning model for constraint-compliance prediction using an action-based loss function

Pending

Oct. 16, 2023

Grant Date
Jurisdictional Coverage	WO
Technology Classification	G06N5/01
Description	An online system trains a constraint prediction machine-learning model using an action-based loss function that combines the accuracy of predicting compliance with constraints and a score based on user actions. This trained model can then be applied to future interaction data from third-party systems to assess compliance with those constraints.
Expiration Date
Publication Date
Rejection Date
Web Link	https://patents.google.com/patent/WO2024081965A1/
Remarks

US20210240724

Methods and systems for dynamically updating a user interface displaying air tickets available for purchase

Pending

Jan. 28, 2021

Grant Date
Jurisdictional Coverage	US
Technology Classification	G06Q50/40 Business processes related to the transportation industry
Description	A method for displaying and updating a user interface for air ticket listings involves a computing device receiving search results with fare listings and associated unstructured data. It assigns initial quality ratings to the results and analyzes structured data on amenities. The device then modifies quality ratings and displays the categorized results based on these ratings.
Expiration Date
Publication Date
Rejection Date
Web Link	https://patents.google.com/patent/US20210240724A1/
Remarks

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

CONTACT INFO

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Main Address: Palo Alto, United States

Address	3045 Park Blvd.
City	Palo Alto
State/Province	CA
Country	United States
Zip	94306

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tel Aviv, Israel

Address	114 Yigal Alon St., WeWork
City	Tel Aviv
Country	Israel
Zip	6744320

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Dallas, United States

Address	3401 Olympus Blvd Suite 525 Coppell
City	Dallas
Country	United States
Zip	75019

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: San Francisco, United States

Address	181 Fremont Street Floor 22–24
City	San Francisco
State/Province	CA
Country	United States
Zip	94105

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: New York, United States

Address	115 W 18th Street 6th Fl.
City	New York
State/Province	NY
Country	United States
Zip	10011

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Austin, United States

Address	501 Congress 4th & 5th fl.
City	Austin
State/Province	TX
Country	United States
Zip	78701

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Salt Lake City, United States

Address	460 West 50 North Floors 4–5
City	Salt Lake City
State/Province	UT
Country	United States
Zip	84101

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Amsterdam, The Netherlands

Address	Mindspace Dam, Nieuwezijds Voorburgwal 162
City	Amsterdam
Country	The Netherlands
Zip	1012 SJ

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: London, United Kingdom

Address	81–87 High Holborn, 6th Fl.
City	London
Country	United Kingdom
Zip	WC1V 6DF

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Paris, France

Address	FlexOffice, 35 Rue de Monceau
City	Paris
Country	France
Zip	75008

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Berlin, Germany

Address	Jägerstrasse 32
City	Berlin
Country	Germany
Zip	10117

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Munich, Germany

Address	Mindspace, Rosental 7
City	Munich
Country	Germany
Zip	80331

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Barcelona, Spain

Address	Calle Álaba no. 98-100
City	Barcelona
Country	Spain
Zip	08018

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Lisbon, Portugal

Address	Maleo Offices Mouzinho, R. Mouzinho da Silveira 10
City	Lisbon
Country	Portugal
Zip	1250-008

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Bangalore, India

Address	Navan Labs India Pvt. Ltd. WeWork Prestige Central, Suite 07-102, 36 Infantry Road, Tasker Town, Shivaji Nagar
City	Bangalore
Country	India
Zip	560001

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Singapore, Singapore

Address	71 Robinson Rd., 15th Fl.
City	Singapore
Country	Singapore
Zip	068895

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Sydney, NSW, Australia

Address	1 Sussex Street Suite 04–121
City	Sydney, NSW
Country	Australia
Zip	NSW 2000

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Ariel Cohen	CEO & Co-Founder	StreamOnce (a Jive Software company) (CEO)
Mr. Ilan Twig	CTO & Co-Founder	Whitemaps (VP, R&D)
Ms. Amy Butte	CFO
Ms. Nina Herold	COO & Co-Founder
Mr. Michael Sindicich	President
Mr. Grant McGrail	CRO
Jannik Neumann Wässa	EVP, Strategy & Operations
Mr. Dan Koren	GM, VP Product AI	8fig (CPO)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Founding Partner, Zeev Ventures
abC Defghij	Board Member	General Partner & Co-Founder, Andreessen Horowitz (a16z)
abC Defghij	Board Member	Partner, Lightspeed Venture Partners
abC Defghij	Board Member	Managing Partner, Premji Invest
abC Defghij	Board Member	Former VP & General Manager International & Commercial Operations, Airbnb
abC Defghij	Board Member	CFO, Dialpad

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Oct. 30, 2025	IPO	NASDAQ GS	abCDe	abCDe	A total of a $923m was raised in the IPO, with $750m raised by the company, and existing shareholders sold $173m worth of shares.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Secondary Deal

Oct. 30, 2025

Revenue Growth

abCDe

Debt Financing

Dec. 08, 2022

Revenue Growth

abCDe

Seventh Round

Oct. 12, 2022

Revenue Growth

abCDe

Sixth Round

Oct. 13, 2021

Revenue Growth

abCDe

Fifth Round

Jan. 21, 2021

Revenue Growth

abCDe

Debt Financing

Jun. 16, 2020

Revenue Growth

abCDe

Debt Financing

Feb. 25, 2020

Revenue Growth

abCDe

Fourth Round - Extended

Jan. 21, 2020

Revenue Growth

abCDe

Fourth Round

Jun. 27, 2019

Revenue Growth

abCDe

Third Round

Nov. 08, 2018

Revenue Growth

abCDe

Second Round

Mar. 07, 2018

Initial Revenues

abCDe

First Round - Extended

Oct. 04, 2017

Initial Revenues

abCDe

First Round

Dec. 01, 2016

Initial Revenues

abCDe

Seed

Dec. 01, 2015

Seed

abCDe

	Acquisitions made by Navan

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Enterp...	Feb. 08, 2022	abCDe
abC Defghij	N/A	May. 05, 2021	abCDe

Last Updated:	abCDe
IVC Number:	abCDe