Navan buys events platform BoomPop, terms undisclosed
Navan acquired BoomPop, an AI platform for planning corporate meetings and events, and will rebrand it as Navan Events, extending Navan beyond travel and expense into a market led by vendors such as Cvent.
Navan acquired BoomPop, an AI platform for planning corporate meetings and events, and will rebrand it as Navan Events, extending Navan beyond travel and expense into a market led by vendors such as Cvent. (SEC (Navan Form 8-K, Ex. 99.1); Skift)
Navan did not disclose the price and said it plans no layoffs. BoomPop was founded in 2023 and says it has supported events for more than 500,000 attendees. The deal was announced with Navan's quarterly results. (SEC (Navan Form 8-K, Ex. 99.1); Skift)