When was Namely founded?

Namely was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Namely located?

Namely is headquartered in New York City, United States. It is registered at New York, New York.

How many employees does Namely have?

As of Jul 31, 2026, the latest employee count at Namely is 153.

Is Namely a funded company?

Namely is a funded company, having raised a total of $218M across 10 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 17, 2012.

How much is Namely worth?

The last known valuation of Namely was $***** as of Mar 05, 2015.

When was the latest funding round of Namely?

Namely's latest funding was a $***** Series E round on Aug 02, 2018, with participation from 6 investors. Its primary sector is HRTech. In United States, the HRTech sector has seen $1.29B in funding in 2026 to date.

Where does Namely rank among its competitors?

Namely ranks 52nd amongst 3288 active competitors, of which 201 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of Namely?

Namely's top competitors include Workday, Gusto and Kronos. Among them, Factorial secured the most recent funding round in June, 2026.

Namely - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based HR software solution for SMBs. The features of the product include employee engagement, payroll administration, talent management, HR analytics, compliance management, onboarding, etc. It also offers employee benefits and insurance services.

Website: namely.com
Social
Email ID: *****@namely.com
Phone Number: +1 **********
Registered Address: New York, New York

Key Metrics

Founded Year

2012

Location

New York City, United States

Stage

Acquired

Total Funding

$218M in 10 rounds

Latest Funding Round

Series E, Aug 02, 2018, $*****

Last Known Valuation

$***** as on Mar 05, 2015

Investors

Sequoia Capital & 24 more

Ranked

52^nd among 3288 active competitors

Employee Count

153 as on Jul 31, 2026

Similar Companies

Gusto & 1080 more

Exit Details

Acquired

View Namely's full profile

Namely is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NAMELY, INC. CIN: 453760169 , United States, Active	Oct 30, 2011	-	264 (As on Dec 31, 2022)	-
NAMELY, INC. CIN: 32060544007 , United States, Active	May 20, 2016	-	-	-

Namely got acquired on Sep 06, 2022.

Click here to take a look at Namely's acquisition in detail

Namely has raised a total funding of $218M over 10 rounds. Its first funding round was on Jan 17, 2012. Its latest funding round was a Series E round on Aug 02, 2018 for $*****. 6 investors participated in its latest round. Namely has 15 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Namely:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2018	1521761	Series E	4356568	3190560	6798548	9392745
Jan 05, 2017	8703698	Series D	2788960	4024317	3689179	Sequoia Capital & 3 more
Feb 23, 2016	7664888	Series C	9580991	8830705	Sequoia Capital	True Ventures & 2 more

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View details of Namely's funding rounds and investors

The founders of Namely is Matt Straz.

Here are the details of Namely's key team members:

Matt Straz: Former Founder of Namely and founder of 4 other companies, including FiDi Ventures, fidiventures.vdtrxn and Bennie. They are also an angel investor in 1 startup.

View details of Namely's Founder profiles and Board Members

Namely's employee count trend

Namely has 153 employees as of Jul 26. Here is Namely's employee count trend over the years:

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Top competitors of Namely include Workday, Gusto and Kronos. Here is the list of Top 10 competitors of Namely, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 11 others	88/100
2nd	Gusto 2012, San Francisco (United States), Series E	Cloud-based payroll, benefits, and HR software for small and medium-sized businesses	$718M	T. Rowe Price, CapitalG & 85 others	84/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	Rippling 2016, San Francisco (United States), Series G	Cloud-based suite solution for HR management	$1.85B	Kleiner Perkins, Greenoaks & 70 others	79/100
5th	Employment Hero 2014, Sydney (Australia), Acquired	Provider of end to end HR, payroll and benefits management platform	$460M	Seek, One Ventures & 8 others	79/100
6th	Deel 2019, San Francisco (United States), Series E	Provider of human resources and international payroll compliance software tools	$986M	Spark Capital, Andreessen Horowitz & 55 others	79/100
7th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
8th	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	78/100
9th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
10th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of employment infrastructure for payroll compliance and contractor management	$506M	SoftBank Vision Fund, Two Sigma Ventures ... & 27 others	77/100
52nd	Namely 2012, New York City (United States), Acquired	Cloud-based HR software solution for SMBs	$218M	Founders Circle Capital, Tenaya Capital & 23 others	58/100