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 | Quote |
|---|---|---|
| 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 | Quote |
|---|---|---|---|---|---|
| 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 | - | - |
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
Namely serves 1K customers.
Namely Employees & Team Size
Namely employs approximately 328 people as of 2026, down from 481 in 2019, including 23 sales reps that carry a quota. It serves 1K customers that rely on its 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) |
Frequently 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.
Compare Namely to the industry
Namely operates across multiple industries. Browse revenue, funding, and growth data for Namely in each sector below.
Read More About Namely
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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