Business travel software provider Navan applies for a U.S. IPO, aiming to raise up to $800 million

Zhitong
2025.09.22 07:32
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Business travel software company Navan has submitted an IPO application to the U.S. Securities and Exchange Commission, planning to raise up to $800 million. Navan, formerly known as TripActions, provides business travel and expense management services. For the 12 months ending July 31, 2025, Navan reported revenue of $613 million and has over 10,000 active customers. The company plans to list on NASDAQ and has not disclosed pricing terms