Overview
Navan (formerly TripActions) is a unified T&E platform founded in May 2015 by Ariel Cohen (CEO, former Jive Software VP) and Ilan Twig (CTO), who previously co-founded StreamOnce (acquired by Jive 2012). Headquartered in Palo Alto with 50+ offices in 12+ countries, Navan went public on Nasdaq in October 2025 (ticker: NAVN) with a market cap of ~$3.89B.
Highlights
- Founder story: Ariel Cohen and Ilan Twig’s StreamOnce exit providing travel tech experience
- Public company milestone: October 2025 Nasdaq IPO (NAVN)
- Navan Cognition: Proprietary AI framework powering platform intelligence
- Ava: AI assistant for travel and expense management
- NDC leadership: 17 airline connections for New Distribution Capability
- Navan Connect: Card-linking technology (250+ banks) for existing card capture
- “Business Software Designed for People” philosophy: Consumer-grade experience for enterprise
- Notable customers: Canva, DoorDash, Duolingo, Zoom, Shopify
- Use cases: Corporate travel booking, expense management, meetings, group travel, events
Founded
May 2015. Founded by Ariel Cohen (CEO) and Ilan Twig (CTO).
Headquarters
3045 Park Blvd, Palo Alto, California; 50+ offices in 12+ countries.
Ownership and funding
IPO October 2025 on Nasdaq (ticker: NAVN), market cap ~$3.89B. Acquired Reed & Mackay (2021), Comtravo (2022), Resia (2022), Tripeur (2023).
Core technology
AI-powered unified T&E platform. Navan Cognition proprietary AI framework. Ava AI assistant. NDC leader with 17 airline connections. Navan Connect card-linking (250+ banks).
Market position
Mid-market to enterprise; 10,000+ companies including Canva, DoorDash, Duolingo, Zoom, Shopify.
Product philosophy
“Business Software Designed for People”, consumer-grade experience for enterprise.