Navan Raises $923 Million in IPO: AI Travel Platform Defies Shutdown Market Slowdown
Navan, a leader in business travel and expense management software, officially entered the public market on October 30, 2025, raising $923 million in its initial public offering (IPO). Shares opened at $22 each, slightly below the expected $25, bringing the company’s market valuation to $5.5 billion. The listing comes at a turbulent time for U.S. … Read more