Navan

Navan, formerly TripActions, is an all-in-one corporate travel and expense platform founded in 2015 by Ariel Cohen and Ilan Twig and rebranded in 2023. Employees book flights, hotels, and ground transport with corporate rates and policy compliance built in, while expenses automate from receipt capture to reconciliation and corporate cards handle payment. The company completed an IPO on October 30, 2025, raising $923 million at a $6.2 billion valuation, and reported $613M in trailing twelve month revenue and $7.6B in gross booking volume as of July 2025, serving over 10,000 companies including Zoom, Lyft, Unilever, Adobe, and Shopify.

The AI layer is front and center: the Ava virtual assistant resolves over 50% of user interactions (150,000+ support chats monthly), the Navan Cognition agentic platform drives automation and policy enforcement, and the newer Navan Edge targets frequent travelers. The company says trips book in about seven minutes versus roughly 45 across the industry, with about 15% customer cost savings. Revenue is roughly 90% usage-based, and customer fees are typically per trip or per transaction, so it is built for mid-market and enterprise travel programs rather than occasional flyers.

1. Sign up at navan.com and set up your company profile.
2. Configure travel policies, approval flows, and per-trip fees.
3. Connect corporate cards or use Navan Connect to link existing bank cards.
4. Roll out to employees via web and mobile apps.