# Namely

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/namely

- Industry: Software
- Headquarters: New York, US
- Website: www.namely.com
- Total disclosed funding: $213M
- Latest round: Series E (Jul 30, 2018)
- Investors on record: 11

## About

Based in New York, US, and founded in 2012 by Matt Straz, Namely, Inc., operates as a human resource technology company that offers various human resource solutions like benefits administration, open enrollment, and many more. In September 2022, PrismHR/Vensure Employer Services, a portfolio company of Stone Point Capital, acquired Namely, Inc. As of 2023, the company has partnered with companies like Greenhouse, Jobvite, Breezy, and many more.

The company offers various human resource solutions that include payroll, talent management, and other services to mid-sized businesses via subscription software. The company provides an HR software platform that offers features like a single system of record, employee engagement, onboarding, talent management, an HR compliance database, analytics, payroll, benefits administration, compliance advice and action, time, and attendance, recruiting, and other enhanced services.

The company generates revenue by selling various packages that vary as HR fundamentals, HR complete, and enhanced services.

## Funding rounds

- Series E, Jul 30, 2018, $60M — Matrix Partners, Hong Shan, Granite Asia, Scale Venture Partners, True Ventures, Tenaya Capital
- Series D, Dec 22, 2016, $50M — Matrix Partners, Hong Shan, Scale Venture Partners, True Ventures, Altimeter Capital
- Series C, Feb 9, 2016, $30M — Matrix Partners, Hong Shan, Greenspring Associates, True Ventures
- Series C, Jun 15, 2015, $45M — Matrix Partners, Hong Shan, Greenspring Associates, True Ventures, Lerer Hippeau Ventures
- Series B, Feb 18, 2015, $8.5M — Matrix Partners, Greenspring Associates, True Ventures, Lerer Hippeau Ventures, Vayner/RSE
- Series B, Oct 24, 2014, $12M — Matrix Partners, True Ventures, Bullpen Capital, Lerer Hippeau Ventures
- Series A, Apr 8, 2014, $3.1M — True Ventures, Bullpen Capital, Lerer Hippeau Ventures, Vayner/RSE
- Series A, Jun 5, 2013, $3.4M — True Ventures, Bullpen Capital, Lerer Hippeau Ventures, Vayner/RSE
- Series A, Oct 3, 2012, $0.8M — Bullpen Capital, Lerer Hippeau Ventures

## Investors

- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A, Series B
- Lerer Hippeau Ventures — Series A, Series B, Series C
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B, Series C, Series D, Series E
- Vayner/RSE (https://capitalatlas.ai/funds/vayner-rse) — Series A, Series B
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series B, Series C, Series D, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series B, Series C
- Hong Shan — Series C, Series D, Series E
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series D, Series E
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series D
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series E
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series E