Navan

Travel and expense management solution for enterprises

Palo Alto, California, United States

About Navan

Navan provides a travel and expense management platform tailored for enterprises. The platform enables users to efficiently book, view, and manage their business travel and expenses through a cloud-based and mobile interface. It incorporates AI technology to streamline processes and offers features like Navan Rewards, which incentivizes employees to make cost-effective travel choices by providing rewards for saving on travel costs. Additionally, the Navan card integrates expense management directly into the travel booking experience. Unlike many competitors, Navan focuses on creating a supportive environment for its users by emphasizing diversity, equity, and inclusion within its workforce. The company's goal is to enhance human connections, improve operational efficiency for businesses, and empower better decision-making through data and insights.

Palo Alto, CaliforniaHeadquarters
2015Year Founded
$1,037.1MTotal Funding
DEBTCompany Stage
Data & Analytics, Enterprise Software, FintechIndustries
1,001-5,000Employees

Benefits

Flexible Vacation: Take time off when you need it, just work with your manager.
Healthcare: Medical, dental, and vision for you and your family.
Commuter benefits: Pre-tax transit dollars, $70 a month to ease your commute.
Parental leave: All parents (birthing and non-birthing) are eligible for paid leave.
Health and Wellness: Annual wellness stipend and access to a full spectrum of resources.
Fuel for Connection: We provide in-office snacks and lunches*, fostering community and in-person connections.
Pet Friendly: Pet insurance with preferred rates and dog friendly offices*.
401k: We care about your future and offer a 401k retirement plan program and company match.
IATAN: Employees can register and receive access to thousands of travel related discounts.
Connectivity Allowance: We support our employees ability to work seamlessly and confidently while from home and offer a bi-weekly stipend
Learning & Development: Annual Learning and Development allowance to propel professional growth

Risks

Brex's enhanced solutions may attract Navan's financial management clients.
Integration challenges with Tripeur could delay expected synergies.
Competition in Europe may hinder Navan Connect's market penetration.

Differentiation

Navan integrates AI, cloud, and mobile for seamless travel and expense management.
Navan Rewards incentivizes cost-effective travel decisions, enhancing user engagement.
Navan Connect supports global expense management with existing corporate cards.

Upsides

Navan's acquisition of Tripeur boosts its presence in the Indian market.
Navan Connect's expansion across Europe enhances its global reach.
Unified finance suite with Rho offers comprehensive travel and expense management.