Navan

Hill Chart Shape

Overview

Navan
Sectors
Logistics, SaaS, Analytics
Headquarters
3045 Park Boulevard, Palo Alto, CA, USA
CEO
Ariel Cohen
Navan raised $304.0M in a Series G Valuation at a $12.4829 price per share, amounting to a post-money valuation of $9.2B on June 8, 2022. PMI data indicates that Navan's shares have been trading at an 51.2% discount to their Series G Valuation based on institutional secondary market activity.
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Series G Valuation
Latest funding round
$9.2B
XXXXX
2022-06-08
XX-XX-XXXX
AV Implied Valuation
$4.49B
2024-12-16
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
-51.20%
2022-06-08 ➞ 2024-12-16
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Low
XXXXX
Volume
$15.11M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
$3.0M
Ask
$12.11M

“To transform business travel by providing seamless, intuitive, and efficient solutions that empower organizations to manage their travel needs with ease and confidence.”

Navan, founded in 2014 by Ariel Cohen and Ilan Twig, is a leading innovator in the travel management industry, dedicated to transforming business travel through seamless and intuitive solutions. Their mission is to simplify corporate travel by providing a comprehensive platform that integrates booking, expense management, and policy compliance, ensuring a streamlined experience for organizations of all sizes.

Business Model

Operating on a SaaS model, Navan delivers its services through a cloud-based platform, generating revenue via subscription and transaction fees. Navan’s product suite includes a travel booking platform, expense management tools, policy management solutions, and data analytics. These offerings are designed to reduce costs, enhance compliance, and provide valuable insights into travel spending.

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Targeted Impact

Navan aims to revolutionize corporate travel by providing a streamlined, efficient platform that simplifies booking, expense management, and policy compliance.

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Who Will Benefit?

Organizations of all sizes, from small businesses to large enterprises, will benefit from enhanced travel management, reduced costs, and improved compliance.

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What Comes Next?

Navan plans to expand its feature set, incorporate advanced technologies like AI and machine learning, and continue refining its platform to meet evolving travel needs.

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Navan Growth Timeline

Navan and Competition

Navan operates in a highly competitive travel management industry that includes several major players with varying strengths and market focuses. The landscape features a mix of established global giants and specialized technology-driven companies. Navan differentiates itself with a user-friendly platform and a focus on streamlining travel management for a range of organizational sizes.

Key Partners

Financial Data

Annual Revenue and Revenue Growth

Funding Round

Return on Investment (ROI)

Bid:Ask Volume Ratio

ApeVue highlights the quarterly bid:ask volume ratio where there were at least three broker contributions within that period.

Activity

Activity refers to broker contributions within the last 90 days.

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Navan Private Comparables in the AI Sector

ApeVue highlights active private companies within the AI sector.

Change in ApeVue Valuation Since Last Funding Round

ApeVue uses composite price based on the institutional level contributions within the last 90 days to compute implied valuation. ApeVue's current implied valuation is compared to each company's latest funding round valuation:

Change in Composite Price

The plot below illustrates the change in composite price within the last 90 days.

Activity

The plot below displays the 90-day activity based on institutional-level ($1M+) broker contributions.

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