Company: NAVN
Filing Date: 2025-07-28
Form Type: DRS/A
Source: 0001628279-25-000476
Chunk: 6

Company: Navan, Inc.
Filing Date: 2025-07-28
Form: DRS/A
Chunk 6
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holders, from CFOs, to travel managers, to admins and accountants need visibility and control over spend, but they don’t have time to approve every small purchase request. Suppliers want to move inventory — flights, hotels, cars, rail — and build relationships directly with their customers and travelers. All of them want technology to drive change and momentum, but that’s nearly impossible when outdated technology is still standard. At Navan, we make sure that the frequent traveler can focus on being there and not on getting there.

A successful T&E solution gives all three groups the tools to win. But primarily offline legacy solutions weren’t helping anyone win. They still don’t.

The T&E world needed to be modernized and digitized because employees need to travel for companies to thrive. Sure, video meetings have their place. But, as frequent travelers ourselves, we’ve personally experienced just how critical it is to shake a hand, share a meal, and brainstorm face-to-face. Business travel is foundational for retaining clients. For team-building. For the future of the business world.

That’s something that will never change, because personal connections make us who we are. Connections require travel. And making travel business-friendly means making it time- and cost-efficient.

For decades, legacy T&E solutions have simply maintained the status quo while raking in huge fees. Their travelers still have to spend hours on basic logistics; admins still have to waste time with busywork, such as manually inputting receipts and filling expense reports; suppliers still have to work with legacy travel management companies that often don’t represent their products well or even display their “full” inventory. It’s no wonder these solutions have left armies of frustrated road warriors in their wake and are causing businesses to waste time and money.

So, in our reinvention, Navan had to do everything differently. And we started with a simple idea: Make life easier for everyone in the network, especially the frequent business traveler. Bring business travel into the 21st century.

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Navan was engineered from the ground up with AI at its core, guiding our platform’s development to create a seamless and intelligent experience. This approach anticipates user needs and streamlines every aspect of business travel, setting us apart from solutions that treat AI as an afterthought.

We have built a new category of business software designed for people, recruiting top talent in engineering, product, and UX design, and fostering a self-directed company culture. With the freedom to build from scratch, we leapfrogged