Navan (TripActions) Raises $304 million Series F
Navan (TripActions) raised $304M in Series F financing led by Various. AI business travel and expense management. The new capital is framed around Launch Navan Liquid corporate card and expand international travel.
What it does
AI business travel and expense management. The business sits in Consumer & Marketplaces, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
6,000+ customers; AI automates 80% of expense report processing. Management framed the new capital around Launch Navan Liquid corporate card and expand international travel.
Trend impact
AI expense and travel platform replacing legacy Concur and Amex. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.
Funding history
- June 1, 2022 · Series F · $304 million · Various
Products & services
- Consumer & Marketplaces workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for consumer & marketplaces teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round