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Navan Files for IPO: The Opening of B2B IPO Floodgates?

SaaStr

Navan, the corporate travel and expense management unicorn formerly known as TripActions, confidentially filed for a U.S. When COVID-19 decimated business travel in 2020, Navan could have become another casualty. Instead, the company pivoted aggressively into expense management and payments, expanding beyond its travel roots.

B2B 184
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The $10M to $1B Vertical SaaS Playbook: Key Lessons from Procore’s Chief Product Officer Wyatt Jenkins

SaaStr

Procore has developed several innovative approaches to achieve this: Construction Boot Camp: Every new employee, regardless of role, goes through a two-week immersion in construction. Global Expansion : Industry-specific solutions often travel well internationally, creating natural growth paths.

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IPO Offerings Are Already Up 62.5% This Year. With Much More to Come. We’re Back

SaaStr

21 billion 2021 valuation, $1.6B+ revenue Navan (formerly TripActions) – Corporate travel and expense management, confidentially filed June 2025. The diversity demonstrates the breadth of enterprise software innovation ready for public markets. Last valued at $12.5 HubSpot, Box, Shopify).

Payments 182
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Networking is now OPEN for SaaStr Annual 2025!!

SaaStr

Selected founders will demo their innovation to leading SaaS CEOs, founders, and investors at SaaStr Annual (May 13-15, SF Bay Area). LAST CHANCE: Apply for the Mayfield AI Demo Stage & Pitch Competition! Screenshot Building the next AI breakthrough in SaaS? Pitch your startup at the Mayfield AI AI Demo Stage at SaaStr. Need more help?

AI 215
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We’ve Got 1,000 No-Cost VIP SaaStr Annual Tickets In Our Inclusion Program. Apply Now!!

SaaStr

We believe that true innovation depends on hearing from, meeting with, and listening to people with a variety of perspectives and diverse backgrounds. We strive for the most representative attendee experiences possible, as well as expanding access to mentorship and venture capital firms and investors. No agencies or service providers, sorry.

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SaaStr Annual + AI Summit 2025 is Next Week! Everything You Need to Know Before You Go!

SaaStr

If you’re traveling to the event by air, remember that as of this week, REAL ID is required for domestic flights if using a driver’s license as identification. Similar to major venues and airports, SaaStr implements security checks throughout the event, so plan accordingly and avoid bringing prohibited items.

AI Search 184
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How to Turn $100K Into $2.7M of Pipeline: Become a SaaStr Sponsor

SaaStr

At SaaStr, we deliver S-tier leads—the elite decision makers who control enterprise budgets and drive industry innovation. Unlock Continuous Access to the World’s Highest-Value B2B Decision Makers Forget A-tier prospects. S-Tier Audience = S-Tier Results Who exactly are S-tier leads? .”

Scale 211