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- Travel tech firm Navan confidentially files for US IPO
The Palo Alto, California-based company, backed by Andreessen Horowitz and Lightspeed among others, raised $304 million in equity and structured debt financing in 2022 and was valued at $9 2
- Travel tech firm Navan confidentially files to go public in US
U S corporate travel and expense company Navan on Friday disclosed it had confidentially filed for a U S initial public offering, as investor optimism for new listings grow The terms of the offering were not disclosed Activity in the U S IPO market, which started the year on a slower footing, has shown signs of a sustained revival after a couple of fresh flotations received overwhelming
- Navan Files for IPO: The Opening of B2B IPO Floodgates?
Navan’s IPO filing comes with impressive scale: Probably close to $500m ARR today, $300M in annual revenue as of 2024; 40% average revenue growth, with the fintech business growing 100% and travel business expanding 30%; $9 2B valuation from its last funding round in 2022; $1 5B+ raised in venture funding to date; 2,700+ employees across 50
- Corporate travel and expense management service Navan . . .
Pritam Biswas Reuters: Corporate travel and expense management service Navan, formerly known as TripActions, confidentially files for a US IPO; it was valued at $9 2B in October 2022 Open Links In New Tab
- Travel tech firm Navan files for US IPO - Tech in Asia
In 2022, Navan raised US$304 million in equity and structured debt financing, valuing the company at US$9 2 billion Goldman Sachs has been named the lead underwriter for the IPO, joined by other
- Navan Moves Toward IPO With Confidential SEC Filing
Navan has confidentially filed with the SEC for a proposed IPO, with no public financial details disclosed yet The company was last valued at $9 2 billion in 2022 and has made key executive hires
- Travel tech firm Navan confidentially files to go public in US
Activity in the U S IPO market, which started the year on a slower footing, has shown signs of a sustained revival after a couple of fresh flotations received overwhelming investor support Navan
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