What is Namely?
Founded in 2012 and headquartered in New York, Namely offers a robust software platform designed to streamline talent management for agencies, managers, and client teams. The platform facilitates the tracking of talent allocation across accounts and management structures, providing critical insights for workforce planning and operational efficiency. Namely operates within the competitive HR tech landscape, aiming to consolidate essential HR functions into a single, integrated system.
How much funding has Namely raised?
Namely has raised a total of $191.5M across 11 funding rounds:
Other Financing Round
$1M
Private Equity
$550K
Angel/Seed
$750K
Series A
$3.4M
Multiple Rounds
$19.9M
Private Equity
$11M
Series C
$45M
Series D
$50M
Private Equity
$60M
Other Financing Round (2011): $1M with participation from Wenda Harris Millard, Chris Ingram, Dave Morgan, Alan Schanzer, Jonah Goodhart, Michael Kassan, Joe Zawadzki, Mark Naples, Peter Shankman, Greg Rogers, Sarah Fay, and Michael Lazerow
Private Equity (2011): $550K, investors not publicly disclosed
Angel/Seed (2012): $750K supported by Lerer Hippeau Ventures and Bullpen Capital
Series A (2013): $3.4M featuring Bullpen Capital, Lerer Ventures, and True Ventures
Private Equity (2014): $3.2M backed by Lerer Ventures, True Ventures, and Bullpen Capital
Private Equity (2014): $4.7M with participation from Bullpen Capital, Lerer Ventures, and True Ventures
Series B (2014): $12M led by Bullpen Capital, Matrix Partners, True Ventures, and Lerer Hippeau Ventures
Private Equity (2015): $11M supported by True Ventures, Lerer Hippeau Ventures, Matrix Partners, and Vayner Capital
Series C (2015): $45M featuring True Ventures, Greenspring Global Partners, Lerer Hippeau Ventures, Matrix Partners, and Steamboat Ventures
Series D (2016): $50M backed by Altimeter Capital, True Ventures, Greenspring, Four Rivers Group, Sequoia Capital, BA Venture Partners, and Matrix Partners
Private Equity (2018): $60M with participation from BA Venture Partners, Matrix Partners, Steamboat Ventures, True Ventures, Tenaya Capital, and GGV Capital
Key Investors in Namely
Bullpen Capital
Bullpen Capital is a venture capital fund specializing in post-seed capital for early-stage companies that have identified product-market fit but may be overlooked by traditional investors. They focus on helping these businesses grow and thrive.
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital and guidance to build enduring technology and AI-driven companies.
Matrix Partners
Matrix Partners is an investment firm specializing in early to growth-stage companies, particularly within the technology sector. They focus on building enduring value and supporting entrepreneurs.
What's next for Namely?
The substantial enterprise-level funding, including the recent strategic investment, positions Namely for accelerated growth and market penetration. This capital infusion will likely be directed towards enhancing its product suite, expanding its sales and marketing efforts, and potentially exploring strategic acquisitions. As the company continues to scale, it is poised to further solidify its standing as a key player in the HR technology market, offering integrated solutions for payroll, benefits, HR, and time management.
See full Namely company page
