Navan, the global AI-powered business travel and expense platform, today announced it has acquired BoomPop, an AI-powered platform for meetings and events that has been recognized by Inc. as one of the fastest-growing private companies in America. Started in 2023, BoomPop leverages AI to help companies plan and manage events end-to-end, from venue and vendor sourcing to room blocks, contracts, and payments. BoomPop has supported events for approximately 250,000 people at companies including Accenture, Amazon, Google, Salesforce, and Shopify. BoomPop estimates that it has helped its customers reduce costs by approximately 30% on average on bookings in connection with events ranging from 15-person gatherings to conferences with thousands.
Navan acquires BoomPop, AI-powered events platform
BoomPop has supported events for approximately 250,000 people
Customers include Accenture, Amazon, Google, Salesforce, and Shopify
BoomPop estimates approximately 30% average cost reduction on bookings
Builds on partnership announced earlier this year
Advances Navan strategy for single destination across travel, expense, and events
The acquisition builds on the successful partnership announced earlier this year, and is intended to further expand the opportunity to grow Navan's presence in meetings and events, where the majority of spend occurs outside of managed channels.
"We believe that in-person connections drive business forward. But bringing teams together often requires juggling emails, spreadsheets, vendors, and disconnected tools," said Michael Sindicich, President of Navan. "Our customers crave the same transparency and value in their meetings and events that we bring to the rest of their travel programs. Fully integrating BoomPop's team and technology into Navan will help us scale our existing meetings and events business, accelerate our roadmap, and meet growing customer demand for more connected experiences across travel, expense, meetings, and events."
"We built BoomPop to make work functions less work, and our partnership with Navan showed us how much bigger that idea gets when travel and events live together," said Healey Cypher, BoomPop Co-Founder and CEO. "Our customers saw the value of our combined offering immediately and we're just getting started. Joining forces means every company gets one partner for the whole thing, from a ten-person offsite to a 500-person global sales kickoff."
This transaction is expected to have no material impact on Navan's previously issued guidance. Navan will draw on its experience integrating other companies, including Reed & Mackay, Comtravo, Tripeur, and most recently, Smartrips, to ensure a seamless experience for customers.
About Navan
Navan is the global AI-powered business travel and expense platform that makes travel easy for travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on.
About BoomPop
BoomPop is a venture-backed, people-first, AI-powered event planning platform that brings a pulse to the workplace through thoughtful gatherings. Built for doers who want expert support, seasoned event pros, or companies with a need to consolidate—our tech gives you time to do the human stuff you actually enjoy.
