Namely revenue hit $40 million in 2023
Namely team size is 328 employees
How did Latka collect this data?
Latka collected this data by interviewing Namely CEO Matt Straz on 12/31/2011
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Namely
195-Broadway New York, New York, United States
How Namely hit $40M Revenue with 1K customers in 2023.
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.,
2011
Founded
$40M
2022 Revenue
YOY
$213.3M
Funding
Namely Revenue
In 2022, Namely revenue run rate hit $40M in revenue.
2017
Namely hit $40M in revenue in 2017
2011
Namely launched in 2011 with $0 revenue
Namely Funding History
2018
Namely raised a of $60M
2016
Namely raised a of $50M
2016
Namely raised a of $30M
2015
Namely raised a of $45M
2015
Namely raised a of $8.5M
2014
Namely raised a of $12M
2014
Namely raised a of $3.1M
2013
Namely raised a of $3.4M
2012
Namely raised a of $750K
2011
Namely raised a of $550K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 07/30/2018 | $60M | ||
| 12/22/2016 | $50M | ||
| 02/09/2016 | $30M | ||
| 06/15/2015 | $45M | ||
| 02/18/2015 | $8.5M | ||
| 10/24/2014 | $12M | ||
| 04/08/2014 | $3.1M | ||
| 06/05/2013 | $3.4M | ||
| 10/03/2012 | $750K | ||
| 12/31/2011 | $550K |
Team
Namely has 328 total employees and 23 sales reps that carry a quota. They have 1000 customers an engineering team of 55 and a marketing team of 4
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 328 |
| Engineer | 55(17%) |
| Sales | 23(7%) |
| 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.
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
Customers
Namely has 1K customers.
Lifetime Months
50
x
Monthly ARPU
$3.3K
=
Lifetime Dollar
$166.7K
Acquisition Cost
$80K
Average Annual Price
$40K
Churn
Namely has an annual churn rate of 24.00%.
Gross Annual Dollar Churn
-24.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
76.00%
About Namely
Monthly Revenue
$3.3M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Namely Board of Directors
| Name | Position |
|---|---|
| Elisa Steele | Board Member |
| Stacey Bishop | InvestorBoard Observer |
| Jeff Richards | InvestorBoard Observer |
| Pat Grady | Member Board of Directors |
| Gabrielle Toledano | Board Member |
Namely Executives
| Name | Position |
|---|---|
| Matt Straz | CEO |
| Namely Integrations | Chief Connection Officer |
| Amy Roy | Chief People Officer |
| Andre Mcgregor | Chief Security Officer |
| Larry Dunivan | Chief Executive Officer |
Namely Employees
| Name | Position |
|---|---|
| Matt Straz | CEO |
| Robert Kaplan | Investor |
| Elisa Steele | Board Member |
| Namely Integrations | Chief Connection Officer |
| Stacey Bishop | InvestorBoard Observer |
| Avi Dorfman | Investor |
| Jeff Richards | InvestorBoard Observer |
| Indira Totaram | Executive Assistant to CEO Executive Suite |
| Ross Kivowitz | Senior IT Engineer |
| Amy Roy | Chief People Officer |
| Pat Grady | Member Board of Directors |
| Andre Mcgregor | Chief Security Officer |
| Avi Singer | Advisor |
| Larry Dunivan | Chief Executive Officer |
| Gabrielle Toledano | Board Member |
Frequently Asked Questions about Namely
When was Namely founded?
Namely was founded in 2011.
How much revenue does Namely generate?
Namely generates $40M in revenue.
Who is the CEO of Namely?
The CEO of Namely is Matt Straz.
How much funding does Namely have?
Namely raised $213.3M.
How many employees does Namely have?
Namely has 328 employees.
Where is Namely headquarters?
Namely is headquartered in United States