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Namely revenue is $40 million

Namely team size is 328 employees

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Namely

195-Broadway New York, New York, United States

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How Namely hit $40M Revenue with 1K customers in 2022.

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.

Founded

2011

Founded

Revenue

$40M

2022 Revenue

YOY

0.00%

YOY

Funding

$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

$40M

Namely Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 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 DATEROUNDAMOUNTVALUATION
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

201720182019202041▲-15▼-12▼
DISTRIBUTIONQTY
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

$0$40K24 month payback period024681012141618202224
$0$40K24 month payback period024681012141618202224

Churn

Namely has an annual churn rate of 24.00%.

-100-500%50100

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

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

Namely Executives

NamePosition
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

NamePosition
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 was raised $213.3M.

How many employees does Namely have?

Namely has raised 328 employees.

Where is Namely headquarters?

Namely headquater is at United States



How did Latka collect this data?

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Latka collected this data by interviewing Namely CEO Matt Straz on 07/01/2022

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