# Navan

Navan (formerly TripActions) is a corporate travel and expense platform rated 4.7/5 on G2 (7,800+ reviews) and 4.7/5 on Capterra. Profile: funding, pricing, leadership, and who it is best for.

**Category:** Corporate travel and expense management platform  
**Vendor:** Navan, Inc.  
**Founded:** 2015  
**HQ:** Palo Alto, California, US  
**Website:** https://www.navan.com  


## About

Navan, formerly known as TripActions, is a corporate travel and expense management platform that combines business travel booking, expense reporting, and corporate card management in a single product. The company was founded in 2015 in Palo Alto, California by Ariel Cohen and Ilan Twig, two former enterprise software executives from SAP and Google. Navan rebranded from TripActions to Navan in October 2023, consolidating the travel and expense products under a unified brand. The platform serves more than 9,000 companies ranging from startups to enterprises, including Block, Pinterest, and GitLab, and has processed billions of dollars in travel and expense annually. Navan raised $1.4 billion across multiple rounds and reached a $9.2 billion valuation at its Series G in 2022. The company has reportedly been preparing for an IPO, though no filing had been made as of mid-2026.

## Ratings

| Source | Score | Reviews |
|---|---|---|
| G2 | 4.7/5 | 7,800+ |
| Capterra | 4.7/5 | 200+ |
| Gartner Peer Insights | 4.5/5 | 100+ |
| TrustRadius | 8.7/10 | 300+ |

## Funding

~$1.4B total across 7+ known rounds

| Round | Amount | Date | Lead |
|---|---|---|---|
| Seed | $4.5M | 2015 | Undisclosed angels |
| Series A | $10M | 2016 | Lightspeed Venture Partners |
| Series B | $51M | 2017 | Lightspeed Venture Partners |
| Series C | $154M | 2019 | Andreessen Horowitz (a16z) |
| Series D | $250M | 2021 | Andreessen Horowitz (a16z) |
| Series E | $275M | June 2021 | Tiger Global Management |
| Series F | $305M | October 2021 | Greenoaks Capital |
| Series G | $304M | October 2022 | ICONIQ Growth (at $9.2B valuation) |

## Viability

Moderate risk for a company at this stage. Navan is the most heavily funded corporate travel platform on the market at $1.4 billion raised, and the $9.2 billion valuation set in 2022 came before the broader SaaS valuation reset. The corporate travel market recovery post-pandemic has been strong, which benefits Navan's core travel booking revenue. The transition to Navan as a unified travel-plus-expense brand is complete, and the corporate card product adds a higher-margin revenue stream. The IPO delay is the main watch item; the Series G was in 2022 and pre-IPO companies this size typically move toward liquidity within 4 to 5 years. Whether Navan achieves a public market valuation close to its last private mark will depend on the IPO market window and profitability metrics at the time of filing.

## Pricing

Navan's pricing model is genuinely unusual: travel booking is free for any size company, with Navan making money on transaction fees and supplier economics rather than charging a per-seat SaaS fee for the core booking tool. This makes the entry point attractive for SMBs and startups who just need better business travel management.
The expense management add-on is where the per-seat cost comes in. Published pricing as of 2026 starts at $10 per user per month for the expense module, though enterprise pricing with advanced controls, multi-entity accounting, and dedicated support is custom-quoted. The corporate card (Navan Pay) is free for Navan customers and adds a card-linked expense automation layer. Budget the expense module seats separately from the travel component, and verify current pricing directly with Navan because the model has changed several times since the rebrand.

| Plan | Price | Best for |
|---|---|---|
| Travel (free) | $0 | Business travel booking with policy enforcement and traveler support for any company size |
| Expense | $10/user/mo (published; enterprise custom) | Teams needing automated expense reporting, receipt capture, approval workflows, and accounting integrations |
| Travel + Expense + Navan Pay | Custom (enterprise contract) | Companies wanting a unified travel, expense, and corporate card platform with advanced multi-entity support, analytics, and dedicated support |

## What reviewers say

_7,800+ G2 reviews at 4.7/5 and 200+ Capterra reviews at 4.7/5; one of the highest review volumes in the travel and expense category_

**Praised:**
- The travel booking experience is consistently rated best in class; reviewers say the consumer-quality search, real-time pricing, and integrated loyalty program management make business travel booking feel like using a consumer app rather than a corporate booking tool
- Policy enforcement built into the booking flow, not bolted on afterward, is a specific strength that finance teams cite; out-of-policy choices trigger real-time flagging during booking rather than after the expense report is submitted
- The mobile app experience gets strong marks from frequent travelers; offline access to itineraries, real-time flight alerts, and one-tap expense capture from receipts are cited repeatedly

**Complaints:**
- Customer support for non-emergency travel issues gets mixed reviews; some users report slow response times for changes or cancellations outside of the 24/7 emergency line, particularly for international bookings
- The expense module is described as powerful but complex to configure; finance teams with specific approval chains or multi-entity accounting setups report that initial configuration requires significant back-and-forth with Navan's implementation team
- Inventory depth for certain routes and hotel markets is flagged by frequent travelers; a subset of reviewers say they find cheaper options through consumer OTAs for some niche routes, though the gap has narrowed with inventory expansion

## Compliance

- **SOC 2:** Yes (SOC 2 Type II)
- **GDPR:** Yes
- **HIPAA:** Not applicable (travel and expense platform)
- **SSO:** Yes (SAML SSO on paid plans)

## Integrations

- NetSuite
- SAP Concur
- QuickBooks
- Xero
- Workday
- BambooHR
- Slack
- Okta
- Microsoft Azure AD
- Rippling

## FAQs

### Is Navan really free?

The core travel booking product is free, with Navan earning revenue from transaction fees and airline and hotel supplier agreements rather than charging a SaaS fee. Expense management is a paid add-on starting at $10 per user per month. Navan Pay (the corporate card) is free for customers. The total cost for a company using travel plus expense plus the card is the expense management per-seat fee, which is meaningfully lower than all-in-one platforms that charge for travel booking as well.

### Is Navan going public?

As of mid-2026, Navan has not filed for an IPO. The company raised a Series G at a $9.2 billion valuation in October 2022 and has been cited in press coverage as an IPO candidate multiple times since. The IPO market conditions in 2023 and 2024 delayed many planned filings. Navan has not made a public filing with the SEC as of the time of writing.

### What is the difference between Navan and Concur?

Navan and SAP Concur are the two most commonly compared corporate travel and expense platforms. Navan is consistently rated higher on G2 for ease of use and implementation speed. Concur is the incumbent with deeper integrations into SAP financial systems and greater enterprise market share for very large global organizations. Most mid-market companies switching from Concur to Navan cite the modern UI and faster setup; the most common reason to stay on Concur is deep SAP integration or existing enterprise agreements.

### Does Navan support international travel and multi-currency expense?

Yes. Navan handles international flights, hotels, and rail booking globally and supports multi-currency expense reporting. Navan Pay cards support international spend with local settlement in select markets. The GDPR data processing requirements for European employees are covered under Navan's EU data processing agreements.

### Who is Navan best for?

Navan fits best for tech-forward companies with 50 to 5,000 employees that have meaningful travel volume and want a modern alternative to legacy tools like Concur. The free travel tier makes it a no-brainer entry point for startups. Mid-market companies get the most value from the combined travel, expense, and card product. Very large enterprises with complex multi-entity accounting or deep SAP or Oracle ERP dependencies sometimes find the integration depth of legacy tools still superior.


## Sources

- [G2: Navan reviews](https://www.g2.com/products/navan/reviews): rating 4.7/5, 7,800+ reviews
- [Capterra: Navan (TripActions)](https://www.capterra.com/p/173082/TripActions/): rating 4.7/5, 200+ reviews
- [Crunchbase: TripActions (Navan)](https://www.crunchbase.com/organization/tripactions): Series G $304M October 2022, $9.2B valuation, total funding ~$1.4B
- [LinkedIn: Navan company page](https://www.linkedin.com/company/navan-app/): ~3,000 employees, Palo Alto HQ, founded 2015
- [Navan: rebrand announcement](https://navan.com/blog/tripactions-is-now-navan): TripActions renamed to Navan, October 2023, unified brand rationale
- [Navan: pricing page](https://navan.com/pricing): free travel tier, expense management from $10/user/mo, enterprise options
- [TrustRadius: TripActions / Navan](https://www.trustradius.com/products/tripactions/reviews): score 8.7/10, 300+ reviews
- [Navan: platform overview](https://navan.com/product): travel, expense, and corporate card product details