Company: NAVN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001628279-25-000383
Chunk: 8

Company: Navan, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 8
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-enabled, hyper-efficient management of travel, expenses, and payments. Once they get a taste of what the T&E process can be, they never want to go back. We’ve grown along with them, entering new markets and completing acquisitions to expand our suite of offerings.

We found out just how resilient we are during the pandemic, when travel, and our revenue, went to zero. But our belief in the power of in-person connections runs so deep that we knew travel would return. So we doubled down. Even at peak pandemic, we enriched our offerings and added customers who were fed-up with the high cost and limited functionality of their legacy solutions. We knew we’d built the travel, expense, and payments platform for the future of business travel, enabled by AI and resilient in the face of technological advancements.

We also supercharged customer choice and savings with even more NDC connections. And we opened our automated expense management platform to companies without them having to switch credit cards, something said to be impossible.

We've built a cutting-edge travel platform that was founded with AI at its core and that has been all-in on generative AI. We now deliver trip options so personalized that the average booking time is seven minutes, compared to the industry average of 45. And we created an AI-enabled support agent that acts as a personal concierge, helping travelers make changes on the fly, collect receipts, and call hotels to notify them of late check-ins or ensure payment methods are on file.

Today, Navan has become synonymous with smarter and modern T&E. Our winning network has seen significant increases in adoption rates, savings, and satisfaction, along with huge declines in the time required for booking trips, managing expenses, and closing the books. And our travelers know that each part of the travel experience will be better with the Navan touch. Every hour of every day, our sophisticated solution delivers on our straightforward mission: Make travel easy for every frequent traveler.

And we’re just getting started. Business needs change, technology evolves, and we will evolve with it as the leading all-in-one T&E solution, surprising users with new features and tackling future obstacles before they even arise.

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T&E is where we started, but it’s just the beginning. We’re thinking big. Really big. And we’re grateful that you’re considering an investment with us as part of our public offering. You’re investing in a team that rushes toward hard problems with powerful technology to forge a world without limits.

See you on the road