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Navan (NAVN) acquires AI-powered events platform BoomPop to expand into meetings and events segment
Navan Inc. (NASDAQ:NAVN) announced its acquisition of BoomPop, an AI-powered meetings and events platform. This deal builds on an existing alliance between the two entities and marks Navan's strategic push to expand its footprint in the meetings and events segment. The acquisition follows Navan's strong second quarter FY27 results, where it reported an adjusted net income of $14 million compared to an $8 million loss in Q2 FY26, driven by 39% year-over-year subscription revenue growth and 35% usage revenue growth.
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