Navan - About the company
Navan is a series G company based in Palo Alto (United States), founded in 2015 by and . It operates as a SaaS-based corporate travel and expense management solution for businesses. Navan has raised $1.28B in funding from investors like a16z, Greenoaks and Lightspeed Venture Partners. The company has 397 active competitors, including 75 funded and 62 that have exited. Its top competitors include companies like Ramp, Brex and Marqeta.
Company Details
SaaS-based corporate travel and expense management solution for businesses. It provides reward points to business travelers with the airline loyalty program. The platform offers an online booking tool, inventory management, payments, automated expense management and reports, customer reviews, program management, reporting, and more. Its app is available for iOS and Android devices.
- Website
- Social
- Email ID
- @navan.com
- Phone Number
- +1
Key Metrics
Founded Year
2015
Location
Palo Alto, United States
Stage
Series G
Total Funding
in 14 rounds
Latest Funding Round
Ranked
1st among
Annual Revenue
as on Mar 31, 2024
Employee Count
as on Dec 31, 2021
Investment & Acquisitions
Similar Companies
Ramp &
Legal entities associated with Navan
Navan is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 152282399 United States, Active | Feb 05, 2019 | - | - | - |
CIN: 073842172 Australia, Active | May 01, 1996 | - | - | - |
Dec 22, 2015 | $3.52M (as on Mar 31, 2024) | - | ||
CIN: 5684088 United States, Deadpooled | Feb 11, 2015 | - | - | - |
CIN: 473424780 United States, Active | Dec 31, 2014 | - | 847 (as on Dec 31, 2021) | - |
CIN: HRB 169481 Germany, Active | Aug 06, 2015 | - | 70 (as on Dec 31, 2018) | - |
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Navan's funding and investors
Navan has raised a total funding of $1.28B over 14 rounds. Its first funding round was on Apr 03, 2015. Its latest funding round was a Conventional Debt round on Dec 08, 2022 for $400M. 2 investors participated in its latest round, which includes Goldman Sachs, Greenspring Associates, Comerica and SVB.
Navan has 21 institutional investors including a16z, Greenoaks and Lightspeed Venture Partners. Elad Gil and 1 other are Angel Investors in Navan.
Here is the list of recent funding rounds of Navan:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Dec 08, 2022 | $400M | Conventional Debt | 7747857 | 1590488 | |
Oct 12, 2022 | $154M | Series G | 1568334 | 5529091 | a16z, Premji Invest, and |
Oct 12, 2022 | $150M | Conventional Debt | 8527006 | 9485007 |
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Navan's founders and board of directors
The founders of Navan are and . is the CEO of Navan.
Here are the details of Navan's key team members:
- : Co-Founder & CEO of Navan and founder of , and StreamOnce. Contact Info:
- : Co-Founder of Navan and founder of , StreamOnce and . Contact Info:
View details of
Navan's employee count trend
Navan has 847 employees as of Dec 21. The total employee count is 60.0% more than what it was in Dec 20. Here is Navan's employee count trend over the years:
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Navan's Competitors and alternates
Top competitors of Navan include Ramp, Brex and Marqeta. Here is the list of Top 10 competitors of Navan, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st |  Navan 2015, Palo Alto (United States), Series G | SaaS-based corporate travel and expense management solution for businesses | $1.28B | Goldman Sachs, Greenspring Associates听&补尘辫;听 | 83/100 |
2nd |  Ramp 2019, New York City (United States), Series D | Provider of a spend management and accounts payable solutions | $1.41B | Goldman Sachs, Citi听&补尘辫;听 | 82/100 |
3rd | Brex 2017, Draper (United States), Series D | SaaS-driven credit card and spend management solutions platform for businesses | $1.2B | Bank of America, Credit Suisse听&补尘辫;听 | 81/100 |
4th |  Marqeta 2010, Oakland (United States), Public | SaaS-based expense management solutions for businesses | $528M | HTIF, Goldman Sachs听&补尘辫;听 | 74/100 |
5th | Concur 1988, Bellevue (United States), Acquired | SaaS-driven corporate travel expense & invoice management solution | - | Credit Suisse, IVP听&补尘辫;听 | 74/100 |
6th | Provider of prepaid cards for financial benefits of employees | $304M | General Atlantic, Eight Roads Ventures听&补尘辫;听 | 72/100 | |
7th | SaaS-based provider of expense management solutions for business travel | $434M | Kinnevik, Thrive Capital听&补尘辫;听 | 70/100 | |
8th |  Emburse 2002, San Francisco (United States), Acquired | Corporate card and expense management platform for businesses | $1.62M | 70/100 | |
9th | Airbase 2017, San Francisco (United States), Acquired | Procure to pay management software for businesses | $91M | 68/100 | |
10th | Cloud-driven expense management solutions for business travelers | $15.4M | 67/100 |
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Navan's Investments and acquisitions
Navan has made 1 investments in companies including Leverage Edu. Navan has also acquired 8 companies including Shorebird Technologies and Tripeur. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 07, 2023 | Acquisition | 2015 | Bengaluru, India | |
Jun 30, 2023 | Investments | 2017 | Noida, India | |
Apr 06, 2023 | Acquisition | 2015 | Bengaluru, India |
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Reports related to Navan
Here is the latest report on Navan's sector:
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News related to Navan
Media has covered Navan for a total of 12 events in the last 1 year, 6 of them have been about partnerships and 3 about people movement.
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FAQ's about Navan
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