
Navan
Founded Year
2015Stage
Line of Credit | AliveTotal Raised
$1.644BValuation
$0000Last Raised
$300M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-5 points in the past 30 days
About Navan
Navan is a corporate travel management and expense management platform operating in the business travel sector. The company provides services for booking business travel and managing expenses, including tools for travel booking automation and expense report automation. Navan serves sectors such as energy and utilities, industrial and manufacturing, professional services, real estate and construction, retail and e-commerce, and technology and software. Navan was formerly known as TripActions. It was founded in 2015 and is based in Palo Alto, California.
Loading...
Navan's Product Videos


ESPs containing Navan
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The spend management platforms market helps businesses control and optimize their expenditures through integrated software solutions, including corporate cards, expense management systems, procurement software, accounts payable automation, and budget tracking tools. These platforms use APIs, cloud-based infrastructure, and AI-powered analytics to provide real-time visibility into spending patterns…
Navan named as Leader among 15 other companies, including Coupa, Ramp, and Pleo.
Navan's Products & Differentiators
Virtual cards for travel payments
TripActions Liquid is a centralized billing solution that streamlines the payment process from reservation through reconciliation. Instead of using personal funds for travel, employees can pay with a virtual corporate card when booking travel on TripActions. At the end of each billing cycle, finance teams get one consolidated statement that details each traveler’s spend, making reconciliation fast and easy.
Loading...
Research containing Navan
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Navan in 5 CB Insights research briefs, most recently on Jan 3, 2024.

Oct 26, 2023
The CFO tech stack market map
Oct 18, 2022
The Transcript from Yardstiq: Is Okta an M&A target?Expert Collections containing Navan
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Navan is included in 5 Expert Collections, including HR Tech.
HR Tech
5,785 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,276 items
Travel Technology (Travel Tech)
2,715 items
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Tech IPO Pipeline
825 items
SMB Fintech
355 items
Navan Patents
Navan has filed 16 patents.
The 3 most popular patent topics include:
- identifiers
- biological databases
- data management

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
7/7/2021 | 8/8/2023 | Graphical user interface elements, Identifiers, URI schemes, Domain name system, Diagrams | Grant |
Application Date | 7/7/2021 |
---|---|
Grant Date | 8/8/2023 |
Title | |
Related Topics | Graphical user interface elements, Identifiers, URI schemes, Domain name system, Diagrams |
Status | Grant |
Latest Navan News
Jul 2, 2025
By PYMNTS | July 2, 2025 | Highlights Navan built its own AI platform, Navan Cognition, to eliminate critical hallucinations and ensure Ava, its virtual travel agent, could operate autonomously and reliably. Ava can do the work equivalent of hundreds of human agents, and in two years, it did not commit any critical hallucinations. Navan Cognition uses a modular, multi-agent architecture with built-in supervisors, API validation, and domain-specific reasoning to maintain accuracy and compliance in real-world deployments. When Navan , a business travel and expense management company, set out to build its artificial intelligence-powered virtual travel agent called Ava , it faced the challenge of making sure the system didn’t hallucinate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions . Δ In corporate settings, even one AI-generated error — like offering a refund that violates fare rules or showing the wrong flight details — could lead to customer dissatisfaction, financial loss or regulatory penalties. To overcome that, Navan built Navan Cognition , a platform with multiple layers of agents, AI supervisors, chain-of-thought and reasoning tools, as well as rule-based and large language model-driven assessments. These multiple backstops double-check the responses to a customer’s questions to ensure accuracy. Navan used this platform to power Ava, which handles thousands of customer queries daily. For two years, it did not have any unauthorized upgrades or mismatches between costs and statements, according to Navan. Ava initially handled tasks equivalent to those done by dozens of human agents, and then later expanded to work done by hundreds of workers. “Our goal is to set a new standard for business-ready AI,” Navan co-founder and Chief Technology Officer Ilan Twig told PYMNTS. Ava is not just an AI chatbot; it’s also an agent. “Ava actually takes action, whether that’s canceling or changing a flight, issuing refunds, booking seats or upgrading classes,” Twig said. “Ava can even understand when a user gets frustrated and transfers the chat automatically to a human travel agent even if Ava could handle the interaction by itself.” Smarter AI travel assistants will increasingly be crucial to ensuring customer satisfaction, especially as business travel revives. According to the Global Business Travel Association , nearly half of travel buyers expect their companies to take more business trips this year, and 57% also see increased travel spending in 2025. But Twig said Navan Cognition can be used for use cases beyond travel. “We’ve built things like automatic scheduled personal mailing lists, allowing the user to request daily reports on any given subject,” he said. “This mailing list is ‘conversational,’ which means the user can not only read the news but also can natively continue the conversation over any part of the content that interests them.” “We’re experimenting with even more applications, and honestly, we’re just scratching the surface,” Twig added.
Navan Frequently Asked Questions (FAQ)
When was Navan founded?
Navan was founded in 2015.
Where is Navan's headquarters?
Navan's headquarters is located at 3045 Park Boulevard, Palo Alto.
What is Navan's latest funding round?
Navan's latest funding round is Line of Credit.
How much did Navan raise?
Navan raised a total of $1.644B.
Who are the investors of Navan?
Investors of Navan include Goldman Sachs, Silicon Valley Bank, Group 11, Andreessen Horowitz, Coatue and 14 more.
Who are Navan's competitors?
Competitors of Navan include Center, TravelPerk, Brex, Airbase, Inbanx and 7 more.
What products does Navan offer?
Navan's products include Virtual cards for travel payments and 4 more.
Loading...
Compare Navan to Competitors

TravelPerk is a business travel management platform that provides services for corporate travel. The company offers solutions for booking flights, hotels, trains, and car rentals, along with features for managing travel policies, approvals, and expenses. TravelPerk serves the corporate travel management sector with tools for travelers, travel managers, and finance teams. It was founded in 2015 and is based in Barcelona, Spain.
BizAway operates in business travel management within the corporate travel industry. The company provides a platform for booking and managing business trips, which includes travel policy automation, cost control, and invoicing. It serves the corporate sector and offers services for business travelers, travel managers, and accountants. It was founded in 2015 and is based in Spilimbergo, Italy.
Spotnana focuses on modernizing the infrastructure of the travel industry. The company offers a travel-as-a-service platform that simplifies travel and makes it more affordable for corporations, while also enabling operational efficiency, new revenue sources, and innovation for its partners in the travel industry. It was founded in 2020 and is based in New York, New York.

Brex provides spend management solutions across various sectors. The company offers products including corporate cards, expense management, travel, bill pay, and banking services aimed at assisting businesses in managing spending and financial processes. Brex serves startups, mid-size companies, and enterprises with its range of financial products. Brex was formerly known as Veyond. It was founded in 2017 and is based in Salt Lake City, Utah.

Ramp develops a financial operations platform. The company offers a suite of services including corporate cards, expense management, accounts payable solutions, and accounting automation. Its platform serves startups, small businesses, mid-market companies, and enterprises across various sectors. The company was founded in 2019 and is based in New York, New York.

Itilite provides corporate travel management, expense management, and corporate card solutions within the business travel industry. The company offers a platform for booking travel, managing expenses, and utilizing corporate cards, aimed at making these processes more efficient. Itilite's solutions cater to various sectors including manufacturing, staffing and recruiting, and transportation & logistics. It was founded in 2017 and is based in Bengaluru, India.
Loading...