![]() ![]() ![]() ^ "Namely raises $3.5 million Series A after expanding HR services to media and tech industries"."Exclusive: HR startup Namely, once a high flier, gets a new CEO and $60 million in new funding to soar again". "Another HR Startup Ousts Its CEO Over Misconduct Claims". "New York HR Startup Namely Fires CEO Matt Straz Amid Investigation". ^ "Namely Introduces Managed Services".In 2016, Namely was included on Forbes’ inaugural Cloud 100 list. In 2015, Namely was listed on Crain’s list of Best Places to Work in NYC. In August 2018, Namely announced a $60M growth round led by GGV Capital. After nine rounds from 24 investors, the company reached over $157.8M in total equity funding. Led by Altimeter and Scale Venture Partners, Namely raised $50M in Series D funding in January 2017. In June 2015, Sequoia Capital lead a $45M Series C. In November 2014, Namely raised a $12M Series B. Namely received its Series A funding in June 2013, raising $3.4M with True Ventures as the lead investor. In July 2019, Larry Dunivan succeeded Elisa Steele as CEO. In August Elisa Steele was appointed as Namely’s permanent CEO. In May 2018, the company fired its founder and CEO Matt Straz for actions “inconsistent with that which is expected of Namely leadership". Currently, it has over 500 employees and serves more than 1000 clients. Since then, Namely has grown to add four more office locations in San Francisco, Los Angeles, Atlanta, and Austin. In 2017, Namely introduced two new services: Time Management and Managed Services. That year, Namely also relocated its corporate headquarters to lower Manhattan. In 2016, Namely and Cigna introduced a new benefits exchange that included 12 pre-defined medical, dental, vision, and life insurance plans. Namely’s early service offering included HR information system, social newsfeed, payroll, and performance management tools. On January 17, 2012, Namely was founded in Greenpoint, Brooklyn. Namely offers human resources management tools to businesses. It is no wonder why many businesses describe Namely as a “light years ahead” HR platform.Namely is a United States-based human resources software company, founded in Greenpoint, Brooklyn on January 17, 2012. The technology they use is very simple and straightforward plus highly scalable. Namely gives users the edge when it comes to HR management. Namely provides a dedicated Account Manager for each client and can deliver 24/7 support in using all features within Namely’s platform. The software also comes with a powerful permissions engine that allows organizations build layered access levels to protect specific information, reports, views, and functions from unauthorized individuals. This means users can easily scale the system based on their needs and business requirements. There are tons of customization options as Namely is configurable. With Namely, you have a unified location where you can manage all of your HR data. Among the offerings it brings to the table include payroll, benefits administration, a robust HRIS, 360° performance reviews, time off tracking, goals, team planning, reporting, and more. The system comes with a robust set of features, all designed to simplify and accelerate HR processes and workflows. It is an end-to-end HR, payroll, and benefits solution that easily fits well into any company culture. Namely is a very straightforward human resources management platform that is built to do more than just simplify companies do HR.
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