TripActions raises $304M Series G at $9.2B valuation (equity + structured capital)Reuters · Oct 2022
TripActions raised $304 million on October 12, 2022 (comprised of $154M equity + $150M structured capital) led by Coatue with participation from Andreessen Horowitz and Premji Invest, valuing the company at roughly $9.2 billion — a major late-stage financing ahead of planned public-market activity [Reuters](https://www.reuters.com/markets/us/tripaction-raises-equity-92-bln-valuation-gets-coatues-structured-financing-2022-10-12).
TripActions acquires Comtravo to expand in EuropeNavan / company blog · Feb 2022
TripActions announced the acquisition of Comtravo on February 8, 2022 — strengthening presence in the DACH and Scandinavian regions, adding invoicing/VAT capabilities and regional inventory and support as part of broader European expansion [Navan blog](https://navan.com/blog/tripactions-acquires-comtravo-expands-in-europe).
TripActions secures $275M Series F at $7.25B valuationNavan / company press release · Oct 2021
TripActions announced a $275 million Series F growth round led by Greenoaks Capital on October 13, 2021, taking the company to a $7.25 billion valuation and highlighting expansion of TripActions Liquid and international growth including the Reed & Mackay acquisition [Navan press release](https://investors.navan.com/news-releases/news-release-details/tripactions-secures-275m-funding-it-creates-new-category-te).
TripActions acquires Reed & Mackay (premium TMC)Reed & Mackay / TripActions announcement · May 2021
TripActions acquired Reed & Mackay (announced May 5, 2021), adding a premium, high-touch travel and events management business to its platform and expanding enterprise and global service capabilities [Reed & Mackay announcement](https://reedmackay.com/reed-mackay-joins-tripactions-group).
TripActions launches TripActions Liquid (payments & expense product) with $500M debt facilityNavan / company press release · Feb 2020
On February 25, 2020 TripActions launched TripActions Liquid — an integrated travel payments and expense management product — supported by a reported $500M debt facility from SVB, Goldman Sachs and Comerica Bank to scale the product globally [Navan press release](https://investors.navan.com/news-releases/news-release-details/tripactions-launches-tripactions-liquid-revolutionize-global).