Navan is a technology-first corporate travel platform that offers a multi-faceted business solution, including corporate travel management, corporate card, and expense management.

Navan

Bryant Stibel is involved in consulting and strategic partnerships, focusing on understanding domains such as SAAS, ecommerce, and brand development.

Bryant Stibel

Fyle provides expense management and accounts payable automation software for businesses

Fyle

TripActions

Navan is the all-in-one super app that makes travel easy so you can focus on being there, not getting there. Say goodbye to spending hours on the phone trying to change your flight or saving stacks of receipts to manually input expenses. 

From EAs and finance teams to travel managers and employees, Navan empowers people to focus on the things that matter most to them — all while providing companies with real-time visibility, savings, and control.

Silicon Valley Bank

Goldman Sachs Bank USA

Coatue

Base Partners

Greenoaks

Group 11

Elad Gil

Andreessen Horowitz

PremjiInvest

Banks are great at being banks. We’re great at saving you time and money on travel & expense. Now you get both.

Navan and Citi are bringing travel, expense, and banking into a seamless offering for Citi commercial cardholders.

The moment you swipe your Citi card, expenses are automatically checked against your company policy, categorized, and reconciled. 

Say goodbye to expense reports and hello to better business trips. 

Learn more: 
https://lnkd.in/g8S8RPRd

BTN's 25 Most Influential People of 2023 / Day 9: Ariel Cohen, Navan co-founder and #CEO.

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The year 2023 was defined by many changes, as industry leaders searched for solid footing on new terrain. Those efforts are chronicled in BTN’s 2023 Most Influential. For the next 25 days, we’re featuring each name on that list one-by-one.

We’re excited to share that Navan has been recognized in several categories of Built In’s 2024 Best Places to Work lists, including the 100 Best Large Places to Work in the US! 

This recognition spans some of the hottest talent hubs in the nation, including:

📍 SF: Best Places to Work and Best Large Places to Work
📍 NYC: Best Places to Work and Best Large Places to Work
📍 ATX: Best Places to Work and Best Large Places to Work
📍 Dallas:  Best Places to Work + Dallas Best Large Places to Work
🇺🇸 US Best Large Places to Work

A big congratulations to all of this year’s winners! Check out the full list here: 
https://lnkd.in/gmmThkJu

Explore the exciting opportunities at Navan: 
navan.com/careers

2023 was the first full year free of major disruptions, so naturally, Navan dug into its extensive travel data to learn how travel & expense behavior has shifted — what's returned to historical norms, what's permanently changed, and what that means for 2024.

Here’s what’s ‘In’ and what’s ‘Out’ for the new year:

In: Traveling for work
Global business travel bookings grew ~50% YoY in 2023 — and forward bookings for 2024 are up 60% YoY

In: Adding personal travel to a work trip
Blended/bleisure travel bookings jumped 76% YoY. The most popular destinations? New York, San Francisco, London, Las Vegas, Paris, Sydney, Dublin, Singapore, and Barcelona.

In: Working remotely on vacay
Prior to the pandemic, the plurality of leisure bookings (25%) departed on a Friday, as workers were tied to an office. But with the rise of remote/hybrid work, the most popular departure days have become more distributed, with Friday departures down 4 percentage points from 2019, at 21%. Meanwhile, Mon–Wed departures have increased.

In: Not spending money out-of-pocket
Navan Expense saw processed spend grow nearly 2x YoY.

In: Experiential conferences; Out: Stuffy and transactional conferences
One area of spend that saw a big change in 2023 was conference transaction volume, which increased 216% YoY on Navan Expense. 

The average transaction amount, however, decreased by 22% YoY on avg., which could indicate declining prices or the implementation of stricter policies around conference spend — without a limitation on attendance.

In: Grabbing a coffee (let’s be real — it’s always in)
In 2023, Starbucks remained the top fast-food choice for road warriors, while Dunkin’ Donuts and Chick-fil-A saw steady increases in popularity this year. 

In: Reading the full Navan Business Travel and Spend Trends report

Learn more here: https://lnkd.in/g-dnXAch

Traveling for work can be a nightmare — but it doesn’t have to be (if you're equipped with the right tools). 🤯

Holiday Tours & Travel named Navan the ‘Best for Booking and Managing Trips’ in their list of the Top 10 Best Apps for Business Travelers in 2023. 🚀

"Among the best business travel apps, Navan excels in helping corporate travelers simplify and oversee their travel reservation and loyalty details. According to end users, the app consistently ranks highest in travel management software, among the best apps for business travelers."

Check out the full list to learn how to make business travel a breeze in the new year: https://lnkd.in/gn9mB3Ac

“Business travel solutions will have to innovate to adequately support customers. There will be increasing reliance on new technologies, such as generative AI, to support customers. AI is already providing human-grade support, but these integrations will need to widen in scope.”

Business Travel News Europe featured Navan’s Michael Riegel in its 2024 Outlook report on industry predictions for the new year: https://lnkd.in/gGv42XqA

“In 2024, airlines that have adopted NDC will transform their programs with corporations and agencies, including the existing structure around contracts. The resulting structures will reflect what NDC has to offer and provide a pathway for increased utilization of this technology, with the goal of incentivizing travelers to book through preferred channels." –Dane Molter

PhocusWire highlights Navan in its roundup of the top travel industry predictions for the new year: https://lnkd.in/e9nVDFM8

Generative AI may have dominated the headlines in 2023, but other developments will also have a powerful effect on the future of T&E. 

Navan’s latest guide explores the five lessons Navan learned over the past year and how might they influence your T&E program in 2024: 

https://lnkd.in/ghDxudCH

The Navan Expense team pressed the proverbial pedal to the metal all year long — and December was no different.

This month’s Navan Expense updates are all about empowering finance teams and employees with efficient and intuitive tools, streamlining the expense management process even further, and ensuring a more tailored and controlled experience.

https://lnkd.in/gqsm9m4g

“I no longer need to jump in and put out fires or troubleshoot with employees..the travel booking side of things is handled, so I can focus on other aspects of our program.” –Pluralsight

Learn how Pluralsight benefitted from saying goodbye to a patchwork of T&E solutions and switching to Navan's all-in-one platform: https://lnkd.in/ggTtktEK

Metric
Company Name	Navan	Bryant Stibel	Fyle
Symbol
MSH ID	COM:NAVAN	COM:BRYANTSTIBEL	COM:FYLE
Market	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Commercial & Professional Services	Technology
Industry	Travel and Expense Management	Consulting	Financial Technology
Country	US	US	US
Stage
Employee Count	2.23K
Website	navan.com	bryantstibel.com	fyle.com
LinkedIn	navan
Founders

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Monthly Web Traffic
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EBITDA
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Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score	80.69
28-Day Growth Score	48.42
90-Day Growth Score	41.39
365-Day Growth Score	44.28

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:NAVAN

Navan

Company Overview

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