Navan, whose software helps employees book flights and manage expenses, is seeking a $6 bln valuation in its market debut. Even with that 33% discount to its 2022 private fundraising, it would be worth 10 times sales. Only a machine-learning push might enable the lofty multiple.
NEW YORK, Oct 22 (Reuters Breakingviews) – Navan is, appropriately enough, running both forward and backward. The palindromically named software developer plans to make its market debut, opens new tab after surviving a pandemic-induced existential cr… [3950 chars]
Source: Reuters | Published: 2025-10-22T14:17:32Z
Credit: Reuters
