Navan Inc.
Organization / Public company
Fact box:
- Founded: 2015 (as TripActions; rebranded Navan in 2023)
- Founders: Ariel Cohen, Ilan Twig
- HQ: Palo Alto, California (with substantial Israeli operations)
- Listings: NASDAQ: NAVN (IPO October 30, 2025 at $6.21 billion implied valuation)
- Sector: Corporate spend management (business travel, expense management)
Navan operates a corporate spend management platform spanning business travel, expense management, and broader corporate spend visibility. The company was founded in 2015 as TripActions by Israeli founders Ariel Cohen and Ilan Twig.
The 2023 rebrand from TripActions to Navan reflected the expansion from business travel into broader corporate spend management. The October 30, 2025 NASDAQ IPO at $6.21 billion implied valuation became the largest Israeli-founded technology listing on Nasdaq in 2025.
Ariel Cohen operates as CEO.
Coverage in The Olam:
/fintech/navan-ipo-october-2025//diaspora-investment/israeli-adr-universe/