Startup profile · funding coverage
Navan funding, valuation and investors
Corporate travel and expense management platform (formerly TripActions).
Keep track of Navan
Save this profile to your VCT watchlist for a quick return.
Funding, valuation & investors
Answer-first snapshotLatest funding
Series G
$300M · October 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$575M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Palo Alto, CA
Overview
Navan (formerly TripActions) provides corporate travel booking, expense management, and payment cards for enterprises. Founded in 2015, it rebranded from TripActions to Navan in 2022. Andreessen Horowitz participated across multiple rounds including Series F ($275M, 2021) and later financings with Coatue and Lightspeed.
Why Navan is interesting
Modernized corporate T&E for enterprises — a16z early backer as company scaled to unicorn; AI agent features now central to roadmap for booking and policy automation.
Product & use cases
Navan combines corporate travel booking, expense reporting, virtual payment cards, and policy enforcement in one platform — replacing fragmented T&E tools with integrated booking-to-reconciliation workflow.
- Corporate travel booking with policy compliance
- Automated expense reporting and reconciliation
- Virtual cards for travel and business spend
Key facts
- Series F (Oct 2021): $275M led by Greenoaks; a16z participated — Navan press
- Rebranded from TripActions to Navan in 2022
- Series G (Oct 2022): $300M with Coatue and a16z
Funding history (newest first)
Series G
2022-10 $300MSource: https://navan.com/press/
Series F
2021-10 $275M- Greenoaks (lead)
- Andreessen Horowitz (participant)
Source: https://navan.com/press/series-f
Investors in our directory
Funds linked from Navan's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Integrated travel + expense + payments in one platform — reduces friction vs. separate Concur + booking tools.
Corporate T&E is massive but dominated by Concur in enterprise. Navan/TripActions won growth-company accounts with modern UX. AI booking agents are the next battleground across Navan, Concur, and startups.
-
SAP Concur incumbent
Enterprise T&E market leader.
-
Expensify direct
Expense management for SMBs.
-
TravelPerk direct
Corporate travel platform.
-
Brex adjacent
Corporate cards; less travel booking depth.
Notable stories
- Navan rebranded from TripActions in 2022 to reflect expansion beyond travel into full corporate spend management.
Industries
FAQs about Navan
Practical answers founders, operators, and investors typically search for.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.