Core Insights - Navan, a provider of corporate travel and expense management software, announced its IPO details, aiming to raise $923 million by offering 36.9 million shares at a price range of $24 to $26, which would value the company at $6.9 billion if priced at the midpoint [1][2] Company Overview - Founded in 2015, Navan, previously known as TripActions, has developed a platform that integrates global travel inventory and expense management through its proprietary systems, including Navan Cloud, Navan Cognition, and a virtual agent named Ava [1][2] - As of January 31, 2025, Navan has over 10,000 active clients [1] Financial Performance - For the 12 months ending July 31, 2025, Navan reported revenue of $613 million [2] IPO Details - The company plans to list on the NASDAQ under the ticker symbol "NAVN" with a syndicate of underwriters including Goldman Sachs, Citigroup, Jefferies, and others [2]