What is Navan?
Navan offers an integrated solution designed to streamline corporate travel and expense management. By consolidating booking, expense reporting, and policy compliance into a single platform, Navan aims to simplify the complexities of business travel for employees, executive assistants, and finance departments. The company provides real-time visibility, cost savings, and enhanced control over corporate spending, positioning itself as a comprehensive solution for modern businesses.
How much funding has Navan raised?
Navan has raised a total of $2.9B across 13 funding rounds:
Series A
$14.6M
Series B
$51M
Series C
$154M
Series D
$250M
Debt
$500M
Other Financing Round
$125M
Series E
$155M
Series F
$275M
Debt
$400M
IPO
$923.1M
Series A (2017): $14.6M featuring Zeev Ventures and Lightspeed Venture Partners
Series B (2018): $51M backed by Zeev Ventures, SGVC, and Lightspeed Venture Partners
Series C (2018): $154M with participation from Andreessen Horowitz, Lightspeed Venture Partners, SGVC, and Zeev Ventures
Series D (2019): $250M led by Lightspeed Venture Partners, Zeev Ventures, Group 11, and Andreessen Horowitz
Debt (2020): $500M supported by Silicon Valley Bank, Comerica, and Goldman Sachs
Other Financing Round (2020): $125M featuring Greenoaks Capital Group LLC and Vista Credit Partners
Series E (2021): $155M backed by Andreessen Horowitz, Lightspeed Venture Partners, Elad Gil, Greenoaks Capital Group, Addition Ventures, and Zeev Ventures
Series F (2021): $275M with participation from Greenoaks Capital
Debt (2022): $400M led by SVB and Goldman Sachs
IPO (2025): $923.1M, investors not publicly disclosed
Key Investors in Navan
Lightspeed Venture Partners
Lightspeed Venture Partners is a prominent venture capital firm known for investing in early-stage and growth-stage technology companies across various sectors.
Andreessen Horowitz
Andreessen Horowitz, often referred to as a16z, is a leading venture capital firm that invests in technology companies from seed to later stages, with a focus on disruptive innovation.
Greenoaks Capital
Greenoaks Capital is an investment firm that focuses on providing growth capital to technology companies, often with a global perspective.
What's next for Navan?
With significant enterprise-level funding and a recent strategic investment, Navan is poised for accelerated expansion and product development. The company's focus on providing an all-in-one solution suggests a strategy aimed at capturing a larger market share by offering unparalleled convenience and control. Future initiatives will likely involve further technological innovation to enhance user experience and expand its service offerings, solidifying its role as a leader in the corporate travel technology space.
See full Navan company page
