Namely

others

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 01/05/2020

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About

Namely is the HR, Payroll, and Benefits platform your employees will love. Finally, theres HR software that employees actually usebuilt to fit your company culture. Manage all of your HR data in one place, with personalized service to help your company get better, faster. Namely is used by some of the worlds most innovative and exciting companies in media, technology, commerce, and more.

MEDICI Analysis

Namely is a HR payroll management platform that helps companies to manage all their employees information at single location. Namely provides cloud based services including payroll, benefits administration, a robust HRIS, 360° performance reviews, time off tracking, goals, team planning, reporting, etc.

Focus

PRODUCTS & SERVICES

Cloub-based HR management & benefits platform for employers. It helps HR people to simplify data management activites.

REVENUE MODEL

The company follows monthly subscription based revenue model. The basic plan started with $12 per month per employee.

MAIN CLIENTS

It has around 650 plus clients including The Motely Fool

iex

Onelogin

Life is good

1stdibs

TechnologyAdvice

Optimizely

MCKINNEY

Belden Universal

LendingHome

Workwave

Techstars

OntraPort

everbridge and other players.

EXISTING PARTNERSHIPS

Some of the partners Jobvite

Lever

JazzHr

Jobscore

Adobe

Replicon

Capitan401

Radius

Bonusly

Okta

Bitium

Lessonly

etc.

Traction

VALUATION / MARKET CAP:

$625 M in 2017

REVENUE

$10M+ in 2017

REVENUE COMMENT:

The company had $50Million revenue in 2017

TRANSACTIONS VALUE:

$4 B in 2017

TRACTION COMMENT:

The company claims that it has over 1,000 clients with over 175,000 employees globally. and they have surpassed $50M in ARR (annual recurring revenue) to opening a large-scale operations center in Atlanta, alongside its existing offices in New York, San Francisco, Austin, and LA. (Aug. 2018)

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