Namely logo
Founded 2011

Namely

2017 Revenue

$40.0M

YOY

Funding

$213.3M

Overview

About Namely

Namely is the only HR, payroll, benefits, and talent management platform your employees will love. It’s more than HR software: It’s the compliance and benefits consulting you need.

Monthly Revenue

$3.3M

Total Expenses

$3.3M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Namely CEO Matt Straz on 12/01/2020

Watch the podcast


Headquarters

195 Broadway New YorkNew YorkUnited States

Namely Revenue vs Funding

$Funding$Revenue

Namely Revenue

In 2017, Namely revenue run rate hit $40.0M in revenue.

$40.0M

Namely Valuation and Funding History

Namely has raised a total of $213.3M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
07/30/2018$60.0M
12/22/2016$50.0M
02/09/2016$30.0M
06/15/2015$45.0M
02/18/2015$8.5M
10/24/2014$12.0M
04/08/2014$3.2M
06/05/2013$3.4M
10/03/2012$750.0K
12/31/2011$550.0K

Customers

Namely has 1K customers.

Lifetime Months

50

×
Monthly ARPU

$3.3K

=
Lifetime Dollars

$166.7K


Acquisition Cost

$80.0K

Average Annual Price

$40.0K

$0$40.0K24 month payback period024681012141618202224

Churn

Namely has an annual churn rate of 24.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-24.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

76.00%

Team

Employees

Namely has 565 employees. They have 23 sales reps that carry a quota, an engineering team of 55 and a marketing team of 4.

201720182019202041.00%▲-15.00%▼-12.00%▼
DistributionQty

Total Team Size

565

Engineers

55 (10%)

Sales

23 (4%)

Marketing

4 (1%)

CEO/Founder

Matt Straz

Matt Straz is the founder and CEO at Namely, the leading HR platform for mid-sized companies. Matt has grown Namely to over 900 clients, 140,000 users, and has raised $157.8M from leading investors. Prior to Namely, Matt was co-founder of Pictela, an ad tech company he sold to AOL in 2010.


CEO Q&A

What's your age?

50

Favorite online tool?

Notes App

Favorite book?

Chrossing The Chasm

Favorite CEO?

Katrina Lake, Titch Fix

Advice for 20 year old self

Success is never ending pursuit


Is this your company? Add our badge to your website:

Namely Board of Directors

NamePosition
Elisa SteeleBoard Member
Gabrielle ToledanoBoard Member
Stacey BishopInvestorBoard Observer
Jeff RichardsInvestor, Board Observer
Pat GradyMember Board of Directors

Namely Executives

NamePosition
Namely IntegrationsChief Connection Officer
Larry DunivanChief Executive Officer
Amy RoyChief People Officer
Andre McgregorChief Security Officer

Namely Employees

NamePosition
Avi SingerAdvisor
Indira TotaramExecutive Assistant to CEO Executive Suite
Robert KaplanInvestor
Avi DorfmanInvestor
Ross KivowitzSenior IT Engineer

Frequently Asked Questions about Namely

When was Namely founded?

Namely was founded in 2011.


Who is the CEO of Namely?

The CEO of Namely is Matt Straz


How many employees does Namely have?

Namely has 565 employees.

How much revenue does Namely generate?

Namely generates $40.0M in revenue.


How much funding does Namely have?

Namely has raised $213.3M.


Where is Namely headquarters?

Namely is headquartered at 195 Broadway New YorkNew YorkUnited States

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