Navan, Inc. (NasdaqGS:NAVN) is looking for acquisitions. During the Navan Second Quarter 2027 Fiscal Earnings Conference Call, Ariel Cohen, Chief Executive Officer and Co-Founder, said, "The last thing that I wanted to talk about is M&A and the expansion of our platform. As we have explained in the past, business travel has endless needs, and our goal is to bring every need into our AI platform.
Travel is still an entry point, but is increasingly connected to payments, expense, meeting and events, VIP travel and the bleisure. Each of these additional products allows us to manage more of the customers' spend, replace more fragmented workflows and become more strategic inside the enterprise. That is flywheel we are building.
Better inventory and connectivity drive better experiences, better experiences drive adoption and broader adoption creates more opportunities across the platform. This is why we build new products and make acquisitions and why I'm so excited about our acquisition of BoomPop. This expands our capabilities in meeting and events, an enormous category that remains largely unmanaged and messy.
Aurelien Nolf, CFO, said, "Yes. I mean it's -- obviously, I don't have any specific targets or acquisition in mind today that I want to talk about, but we are always looking for opportunities to expand like we just did to a new product that helps us upsell and attach more products to our existing relationship. So that's what you saw with BoomPop, SmartTrips were clearly us trying to increase, expand our footprint globally.
And so we could see more of that in the future. But I won't say the bar for M&A is very high, right? We really look at companies that can bring things that we don't have internally or that we think will take a long time for us to build by ourselves.
But it's not a goal. It's just a tool for us to accelerate our vision".
