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Navan, corporate travel and expense startup, files for initial public offering
CNBC· 2025-09-20 04:46
Navan, the business travel, payments, and expense management startup, filed on Friday afternoon to go public.Its S-1 filing with the Securities and Exchange Commission indicates that the company plans to list on the Nasdaq Global Select Market under the symbol "NAVN."Navan reported trailing 12-month revenue of $613 million (up 32%) across over 10,000 customers, and gross bookings of $7.6 billion (up 34%), according to the S-1 filing.Goldman Sachs and Citigroup will act as lead book-running managers for the ...