27:
196:
with participation from Group 11. The company officially launched out of stealth mode and announced their funding in
January 2017. In October 2017, the company announced that they had raised an additional $ 12.5 million led by Lightspeed Venture Partners with participation from Zeev Ventures and
229:
In
February 2019, the company announced its new flight storefront in alignment with major airline partners and industry association ATPCO. The storefront includes branding and imagery of cabin classes and amenities for each airline. It works for domestic and international flights, including
214:
In July 2018, TripActions announced its international expansion to Europe with an office in London and their
European headquarters in Amsterdam. They shared potential plans to expand to the Asia-Pacific region to scale their customer support infrastructure.
240:
In
February 2020, the companylaunched TripActions Liquid, a payment, expense and reconciliation technology integrated into its core platform. Alongside that announcement, the company announced the security of $ 500 million on credit to fuel the platform.
266:
In April 2023, Navan announced its agreement to acquire
Tripeur, a Bangalore-based modern travel and expense management company, expanding Navan Group’s presence in India. The acquisition marked the fifth purchase in two years.
233:
In June 2019, TripActions raised a $ 250 million Series D funding round from
Andreessen Horowitz, Zeev Ventures, Lightspeed Venture Partners and Group 11. The total valuation of the company reached $ 4 billion.
263:, bringing together its offerings into a travel and expense services app. The palindrome name Navan has roots in the words "navigate" and "avant" to mean "navigating forward".
473:
1001:
996:
852:
801:
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447:
253:
In
October 2021, TripActions raised a $ 275 million Series F round of funding with a valuation near $ 7.25 billion. It reported having 1500 employees.
701:
552:"Rapid customer growth momentum propels new-era corporate travel management company TripActions to $ 154M raise with valuation north of $ 1B"
826:
776:
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726:
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218:
In
November 2018, the company announced a valuation north of $ 1 billion and a $ 154 million Series C funding round led by new investor
651:
601:
421:
960:
501:
910:
256:
In
February 2022, TripActions acquired Comtravo, a German corporate travel company with 2,500 clients and 250 employees.
628:"TripActions, A Corporate Travel Startup That Rewards Road Warriors For Booking Cheap Hotels, Is Now Worth $ 4 Billion"
193:
154:
50:
369:
237:
In
November 2019, the company announced that it had enabled an NDC-enabled direct connection to the Lufthansa Group.
230:
international-to-international itineraries, and for flights on joint venture partners of American, Delta and United.
991:
526:
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40:
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551:
222:, with participation from repeat investors Lightspeed Venture Partners, Zeev Ventures, and Group 11.
177:, was founded in May 2015 by Ariel Cohen and Ilan Twig (also the founders of StreamOnce, acquired by
247:
In October 2020, it expanded the TripActions Liquid product by adding broader expense capabilities.
219:
576:
321:
158:
345:
777:"Scientist-investor Elad Gil is making a big bet that business travel will rebound after Covid"
395:
885:
185:
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937:"$ 9.2 billion fintech Navan appoints ex-NYSE exec as CFO ahead of anticipated IPO"
727:"TripActions lands millions in financing as it plans for corporate travel comeback"
223:
702:"TripActions secures $ 500M credit facility for its new corporate travel product"
250:
In January 2021, TripActions raised a $ 155 million Series E round of funding.
26:
326:
311:
291:
89:
889:
827:"TripActions Rolls Up Another European Travel Agency With German Acquisition"
502:"Start-up TripActions raises $ 51 million to take on corporate travel giants"
211:
round led by the same two investors with participation from prior investors.
752:"TripActions Expands Into Expense Management With Eye on Rivals Like Concur"
189:
85:
474:"TripActions Raises $ 27M To Transform The $ 1.3T Business Travel Industry"
422:"TripActions raises $ 14.6 million for its corporate travel booking tool"
208:
853:"The Funded: TripActions has a new name and a ChatGPT-powered service"
602:"TripActions Adopts U.S. Airlines' Next-Generation Storefront Effort"
350:
396:"TripActions Aims to Eliminate Business Travel Nightmares Forever"
316:
878:"TripActions Rebrands as Navan, Adds ChatGPT to Expense Reports"
299:
295:
270:
As rumors mounted in June 2024 that Navan was pursuing an
244:
In June 2020, it raised $ 125 million in debt financing.
448:"TripActions Raises $ 14 Million to Trim Rogue Bookings"
370:"TripActions Expands Globally With a Focus on Service"
184:
In January 2016, TripActions received $ 14.6 million
802:"Why TripActions' $ 275M raise has fintech to thank"
302:
in their mobile travel itineraries while traveling.
207:
In March 2018, the company announced a $ 51 million
142:
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96:
81:
64:
56:
46:
36:
911:"Navan to Acquire Indian T&E Platform Tripeur"
652:"TripActions Connects to Lufthansa Group NDC API"
961:"Corporate Travel, Online With Ease And Savings"
363:
361:
346:"TripActions | Company Overview & News"
677:"TripActions Breaks Into Financial Technology"
8:
19:
259:In February 2023, TripActions rebranded to
527:"TripActions Opens First Non-U.S. Offices"
25:
18:
1002:Companies based in Palo Alto, California
337:
997:American companies established in 2015
7:
577:"A New Standard for Booking Flights"
495:
493:
368:Sheivachman, Andrew (18 July 2018).
204:, to its headquarters in Palo Alto.
200:The company moved in June 2017 from
153:(formerly TripActions) is an online
525:Habtemariam, Dawit (24 July 2018).
909:Baker, Michael B. (6 April 2023).
851:Schubarth, Cromwell (2023-02-08).
14:
446:O'Neill, Seab (26 January 2017).
394:Wolfe, Bryan (26 January 2017).
731:Silicon Valley Business Journal
226:joined the Board of Directors.
500:Josephs, Leslie (2018-03-07).
1:
16:US travel management company
935:Browne, Ryan (2024-06-03).
876:Loten, Angus (2023-02-11).
194:Lightspeed Venture Partners
51:Corporate Travel Management
1018:
278:exec, Amy Butte, as their
24:
274:, they appointed former
173:–based travel company,
202:Menlo Park, California
171:Palo Alto, California
157:, corporate card and
915:Business Travel News
656:Business Travel News
531:Business Travel News
882:Wall Street Journal
857:www.bizjournals.com
220:Andreessen Horowitz
130:Number of employees
21:
806:www.techcrunch.com
159:expense management
992:Travel management
967:. 31 January 2017
290:Users can access
155:travel management
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134:3,000 (2022)
115:Ariel Cohen (CEO)
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833:. 2022-02-08
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810:. Retrieved
808:. 2021-10-13
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783:. 2021-01-21
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758:. 2020-10-06
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733:. 2020-06-16
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708:. 2020-02-25
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683:. 2020-02-28
680:
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660:. Retrieved
658:. 2019-11-06
655:
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635:. Retrieved
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610:. Retrieved
608:. 2019-02-05
605:
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585:. Retrieved
583:. 2019-02-05
580:
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558:. 2018-11-08
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286:Partnerships
269:
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224:Ben Horowitz
217:
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150:
149:
82:Headquarters
37:Company type
581:TripActions
556:TripActions
292:mobile apps
98:Area served
71:Ariel Cohen
60:March, 2015
20:Navan, Inc.
986:Categories
965:PYMNTS.com
946:2024-09-02
895:2023-02-20
862:2023-02-20
837:2022-02-08
812:2021-10-13
787:2020-02-04
762:2020-12-23
737:2020-12-23
712:2020-12-23
706:TechCrunch
687:2020-12-23
662:2019-11-06
637:2019-06-28
612:2019-02-05
587:2019-02-05
562:2018-11-15
511:2018-03-14
483:2018-03-14
426:TechCrunch
333:References
327:TravelPerk
312:SAP Concur
197:Group 11.
108:Key people
90:California
31:Navan logo
890:0099-9660
400:AppAdvice
190:Oren Zeev
161:company.
143:navan.com
102:Worldwide
86:Palo Alto
74:Ilan Twig
322:Snowfall
306:See also
209:Series B
65:Founders
47:Industry
971:10 July
920:6 April
536:18 July
457:10 July
405:10 July
379:18 July
188:led by
165:History
139:Website
57:Founded
41:Private
888:
632:Forbes
478:Forbes
431:6 July
351:Forbes
756:Skift
681:Skift
606:Skift
452:Skift
374:Skift
317:Serko
261:Navan
151:Navan
973:2017
941:CNBC
922:2023
886:ISSN
781:CNBC
538:2018
506:CNBC
459:2017
433:2017
407:2017
381:2018
300:Lyft
298:and
296:Uber
294:for
276:NYSE
169:The
280:CFO
272:IPO
181:).
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