Company: NAVN
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001628280-25-044812
Chunk: 209

Company: Navan, Inc.
Filing Date: 2025-10-10
Form: S-1/A
Chunk 209
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 operational efficiency. In addition to this, we have long believed in an open API policy. This ultimately underpinned the launch of Navan Connect, which allows customers and travelers to port any enrolled corporate Mastercard ® or Visa ® card into our Expense Management offering, including those issued by other corporate card providers such as Brex. We believe the principal competitive differentiators that drive our leadership in the markets we compete in include the following: • Unified, end-to-end travel and expense management offering with global scale and supply presence; • Relentless focus on the frequent traveler and customer experience; 158 • AI-powered differentiated traveler experience, including optimizing and simplifying search, providing highly tailored and customized travel recommendations, as well as proactive support in case of travel interruption; • Ease of access, deployment, adoption, and use of our platform; • Actionable analytics and intelligence for managers to monitor, analyze and approve travel and entertainment spend in real-time; • Platform functionality and ability to automate processes; • Mobile access across devices; • Data security and privacy; • Speed and scalability of architecture underlying the platform; • Brand reputation; and • Customer service and support. We believe we compete favorably against our competitors on the basis of the factors described above. Intellectual Property Our intellectual property rights, including those in our proprietary technology, software, data, processes, know-how, and brand, are an important aspect of our business and help us maintain our competitive position. To establish and protect our rights in our intellectual property, we rely upon a combination of patent, copyright, trade secret, and trademark laws, and contractual restrictions such as confidentiality agreements, licenses, and intellectual property assignment agreements. As of September 1, 2025, we have six trademark registrations and seven trademark applications in the United States, as well as 82 trademark registrations and nine trademark applications in foreign jurisdictions. We will pursue additional trademark registrations to the extent we believe it would be beneficial and cost effective. We also own domain names, including www.navan.com. As of September 1, 2025, we have two issued patents and 16 pending patent applications in the United States, and 13 pending international patent applications. One of our issued U.S. patents expires in 2039 and the other in 2041. We continually review our development efforts to assess the existence and patentability of new intellectual property. We control access to our intellectual property and confidential information through internal and external controls. Our practices require our employees and third parties who develop any material intellectual property on our behalf to