Namely
Valuation
$120M
2017 Revenue
$40M
Customers
1K
Funding
$213.3M
Avg ACV
$40K
Team
328
Churn
24%
Founded
2011
How Namely CEO Matt Straz grew Namely to $40M revenue and 1K customers in 2017.
Namely is a cloud-based human resources software platform that helps mid-sized companies manage their HR processes, including payroll, benefits administration, and talent management. The platform offers features such as employee self-service, time and attendance tracking, and performance management. Namely also provides HR analytics and reporting tools to help companies gain insights into their workforce.
Last updated
Namely Revenue
In 2017, Namely's revenue reached $40M. Since its launch in 2011, Namely has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2017 | Namely Hit $40m revenue in November 2017 |
| 2011 | Launched with $0 revenue |
Namely Valuation, Funding Rounds
Namely's most recent disclosed valuation is $120M.
Namely has raised $213.3M in total funding across 9 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2018 | Funding round | $60M | - | - |
| 2016 | Funding round | $50M | - | - |
| 2016 | Funding round | $30M | - | - |
| 2015 | Funding round | $45M | - | - |
| 2015 | Funding round | $8.5M | - | - |
| 2014 | Funding round | $12M | - | - |
| 2014 | Funding round | $3.2M | - | - |
| 2013 | Funding round | $3.4M | - | - |
| 2012 | Funding round | $750K | - | - |
Namely Employees & Team Size
Namely employs approximately 328 people as of 2026, down from 481 in 2019.
Namely has 328 total employees in different roles and functions and 23 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 328 employees (December 2020) |
| 2020 | Reached 425 employees (June 2020) |
| 2019 | Reached 481 employees (December 2019) |
| 2018 | Reached 565 employees (December 2018) |
| 2017 | Reached 400 employees (November 2017) |
Founder / CEO
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
| Question | Answer |
|---|---|
| What's your age? | 53 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Namely acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Namely
What is Namely's revenue?
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 New York, New York, United States.
Read More About Namely
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Compare Namely to the industry
Namely operates across multiple industries. Browse revenue, funding, and growth data for Namely in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .