Overview
Navan is a Palo Alto, California company incorporated in February 2015 that completed its initial public offering on the Nasdaq Global Select Market in October 2025 under the symbol NAVN.[7] It combines corporate travel booking, expense management, corporate cards, meetings and events in one platform, and argues that unifying these leads to adoption across departments and seniority levels.[7]
In the fiscal year ended 31 January 2026, Navan’s gross booking volume rose 38% to US$9.1bn and payment volume rose 13% to US$4.1bn.[7] Revenue was US$702.3m, up from US$536.8m the year before.[16] GBV covers hotel, flight, car and rail bookings and meetings and events.[7]
Navan’s pricing is unusual among TMCs. Its Business plan is free for companies with up to 300 employees, with no limit on trips, because the platform is funded by commissions from travel providers; expense management is free for the first five monthly users and then US$15 per user per month. Larger organisations buy the quote-based Enterprise plan.[8]
Navan is the fastest-growing company here by reported volume. Its limitations are that supplier-funded pricing may give less transparency on content than a fee-based TMC, that very complex global programmes may still need traditional agency support, and that it remains a young public company.
Navan features
- Integrated travel booking and expense
- Corporate cards and payments
- Meetings and events
- Free Business plan up to 300 employees
- VIP and bleisure travel management
- Analytics and policy controls
- Expense submission and reimbursements
- Connect existing corporate or business credit cards
Navan pricing
Business: free for companies with up to 300 employees (travel unlimited; expense free for first 5 users, then US$15 per user/month). Enterprise: quote-based.
Navan strengths and limitations
Strengths
- Free plan for companies up to 300 employees
- Fast growth in booking volume
- Travel and expense in one product
- Public financial disclosure
- Travel bookings flow directly into expenses
- Free entry tier funded by travel commissions
Limitations
- Supplier-funded model is less transparent on fees
- Enterprise pricing unpublished
- Less suited to very high-touch programmes
- Short track record as a public company
- Expense becomes paid after five monthly users
- Enterprise pricing is quote-based
Appears in
- Best Corporate Cards in 2026 #6
- Best Expense Management Software in 2026 #5
- Best Spend Management Software in 2026 #6
- Best Travel Management Companies in 2026 #4
Navan alternatives and competitors
Alternatives to Navan: companies ranked in the same lists.
Ramp
Pleo
Brex
Spendesk
Payhawk
Emburse Cards
BILL Divvy Card
Soldo
SAP Concur
Expensify- Corporate Traveller
Clarity
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