Corporate travel and expense management firm navan inc Navan, a leading corporate travel and expense management platform, went public on october 31, 2025, raising $923 million with a $6.2 billion valuation Learn about its founding, innovative platform, key clients, and future growth plans. Navan's shares started trading 12% below their initial public offering price on thursday, as the travel technology company faced choppy market conditions amid a prolonged u.s Navan shares drop 17% after $923m ipo launched during us government shutdown Navan, the corporate travel and expense platform, finished its first day of trading on the nasdaq on thursday down 20% from its $25 ipo price, resulting in a valuation of approximately $4.7.
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