Funding

Namely, the Leading HR Platform Raises $11 Million

45 Views

What does Namely do?

 

Namely, is the cloud based human capital management platform which enables the growing mid-sized companies to manage their HR. It offers the clients a seamless platform to manage the HR info, payroll, and benefits, creating the comprehensive solution for small and mid sized businesses.

Namely offers a robust HRIS, 360 degrees performance reviews, goals, team planning, payroll, benefits administration and a lot more. The leading HR management platform’ s clients include Hailo, Birchbox, Warby Parker, Thrillist, MDC Partners, Vimeo.

 

 

How much Namely was funded?

 

Namely, the HR platform was funded $11 M in Venture funding on March 5th, 2015 by Greenspring Associates, Vayner/ RSE,  Leser Hippeau Ventures, Matrix Ventures, True Ventures.

Previous Funding

  • $1 M in Angel Funding on January 1st, 2012 by Sarah Fay, Michael Lazerow, Jonah Goodhart, Dave Morgan, Wenda Harris Millard, Michael Barrett.
  • $750 K/ Seed on October 31st, 2012 by Bulpen Capital, Michael Lazerow, Lerer Hippeau Ventures, Greg Rogers, Chris Ingram, Dave Morgan.
  • $3.4 M in Series A funding on June 11th, 2013 by True Ventures, Bullpen Capital, Lerer Hippeau Ventures, Michael Lazerow and Gary and AJ Vaynerchuk.
  • $4.7 M in Venture funding on June 18th, 2014 by Vayner Media, Bullpen Capital, True Ventures and Lerer Hippeau Ventures.
  • $12 M in Series B funding on November 4th, 2014 by Bullpen Capital, True Ventures, Matrix Partners and True Ventures.

 

 

What is next for Namely?

Namely is going to make it even more easier for the clients to take more better care of  its employees and retain their great employees, which is essential for sustaining the growth. With the latest funding Namely has added benefits to offering, giving clients the opportunity to grow more efficiently by streamlining all their capital management functions.

More about Namely

Namely, the end to end HR and benefits platform for the growing companies was found by Matt Straz on January 7th, 2012. It has its headquarters in New York, NY. Namely has more than 200 clients and serves  more than thirty thousand employees of the world’s most exciting companies.

Related Posts