Navan
Software that companies use to book and manage employee business travel, issue corporate cards and process expenses. The company was formerly named TripActions.
Enterprise softwareCorporate travel and expense management softwarePalo Alto, United States
FoundersSince 2015
- Valuation
- $6.7B
- Total raised
- $1.5B
- Last round · Mar 2025
- Revolving credit facility
- Founded
- 2015
- Employees
- 3,700
- Quarters in VP50
- 14
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Nov 8, 2018 | $1.2B | $154M | Andreessen Horowitz |
| Series D | Jun 27, 2019 | $4.0B | $250M | Andreessen Horowitz |
| Series E | Jan 21, 2021 | $5.0B | $155M | Addition, Andreessen Horowitz, and Elad Gil |
| Series F | Oct 13, 2021 | $7.3B | $275M | Greenoaks |
| Series G | Oct 12, 2022 | $9.2B | $300M | Coatue |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: no place
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: #37
- Q2 2025: #44
- Q3 2025: #46
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #18, in Q4 2021.
Funding rounds
DateRound · leadRaisedValuation
Feb 24, 2025Term loan · VCP Capital Markets, LLC$130M—
Feb 2025SAFE financing$155M—
Team
Ariel CohenCo-founder, Chairperson, CEO
Ilan TwigCo-founder, CTO- Aurélien NolfCFO
- Michael SindicichPresident
