Navan has launched its IPO roadshow, targeting a $6.5 billion valuation and pricing shares between $24 and $26 ahead of its Nasdaq debut.
The company, an AI-powered business travel and expense management platform, is seeking to raise up to $960 million through a Nasdaq listing.
This move marks a pivotal moment for the travel-tech sector, signaling renewed confidence in tech-enabled travel platforms following years of pandemic-driven disruption.
Navan Inc. is reshaping corporate travel and what investors should expect from one of 2025’s most anticipated listings.
Author's summary: Navan launches IPO roadshow.