Problem
TripActions, a travel management company, was expanding beyond its core business travel offering into broader corporate spend management. The company needed to signal its strategic shift from a travel-focused to comprehensive expense platform.
Solution
Lexicon created Navan, drawing from “navigate” and “avant-garde.” As a palindrome, Navan reads the same forward and backward. Elegant and smooth, the name breaks from overly-clever SaaS naming conventions.
In October, 2025 Navan went public with an IPO valuation of $6.2 billion, raising $923 million.
Read the rebrand announcement here.