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Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$216.3M

Revenue

$0000 

About Namely

Namely is a cloud-based management platform. It enables organizations to build teams, retain top performers, and optimize business performance. It develops a human resource (HR) platform and offers solutions such as payroll and time, HR analytics, compliance, and talent acquisition, and more. It was founded in 2012 and is based in New York, New York. In September 2022, Namely was acquired by PrismHR.

Headquarters Location

195 Broadway 15th Floor

New York, New York, 10007,

United States

1-855-626-3591

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Expert Collections containing Namely

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Namely is included in 6 Expert Collections, including HR Tech.

H

HR Tech

4,033 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

F

Fintech 250

498 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

S

SMB Fintech

1,584 items

I

Insurtech

2,890 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

8,086 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

S

Store tech (In-store retail tech)

387 items

Namely Patents

Namely has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/15/2013

Mobile computers, Copyright length, Copyright legislation, Databases, Business law

Application

Application Date

3/15/2013

Grant Date

Title

Related Topics

Mobile computers, Copyright length, Copyright legislation, Databases, Business law

Status

Application

Latest Namely News

Namely Expands Partner Program by Adding Global Payroll Support

Aug 24, 2023

On Aug 24, 2023  Namely, a Vensure Employer Solutions company, and the leading HR platform designed specifically for mid-sized companies, announced that it has added global payroll support to its extensive partner program. Known as the HR system that employees love, Namely’s existing partner program includes numerous noteworthy solutions providers. As workforces become increasingly borderless, especially with remote and hybrid work models proliferating, the need for global payroll capabilities has escalated. Country-specific labor laws and payroll management are complex, with the need to align payroll schedules across the organization while ensuring full compliance with local regulations. Since each country—even local jurisdictions within countries—has different requirements, timelines and taxation, the ability to accurately centralize payroll streamlines administrative burdens and reduces costly errors. This is true whether a company has 50 employees in France or five in Malaysia in addition to its U.S. workforce. Namely’s first global payroll partner is Velocity Global. The integration between these systems means clients can access their workforce data through a single sign-on and see all of their supported employees in one view. This integration saves valuable time by reducing efforts spent on back-end tasks, and the synchronization of data between systems reduces errors, omissions and budget overruns. Namely’s Senior Vice President, Strategic Partnerships, Jonathan Wall, commented, “Two-thirds of Namely clients have international employees, with India, Great Britain, Canada, Australia and China topping the list. Payroll in each of these countries is vastly different and requires dedicated expertise to ensure timely processing and observance of local regulatory requirements. Velocity Global has consistently proven its commitment to reducing the barriers to building and supporting global teams, and we’re excited to welcome them to the Namely Partner Program.” People teams at mid-sized organizations employing between 25 – 1,000 employees struggle to keep up with the constant changes to HR, employee benefits and payroll. Backed by an award-winning customer success team, Namely’s HR solution enables customers to manage HR, payroll, benefits administration, talent acquisition and talent management and people analytics from one platform instead of having to maintain and manage disparate systems.

Namely Frequently Asked Questions (FAQ)

  • When was Namely founded?

    Namely was founded in 2012.

  • Where is Namely's headquarters?

    Namely's headquarters is located at 195 Broadway, New York.

  • What is Namely's latest funding round?

    Namely's latest funding round is Acquired.

  • How much did Namely raise?

    Namely raised a total of $216.3M.

  • Who are the investors of Namely?

    Investors of Namely include VensureHR, PrismHR, True Ventures, Matrix Partners, Sequoia Capital and 19 more.

  • Who are Namely's competitors?

    Competitors of Namely include Rippling, Bswift, WePerson, Gusto, Zenefits and 9 more.

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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
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Compare Namely to Competitors

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Justworks

Justworks operates as a human resource services providing platform. It provides solutions for payroll, employee benefits, human resources (HR) services, and compliance. Its platform facilitates access to benefits of medical, dental, and vision coverage and process payments, compliance support, HR tools, automated payrolls, HR consulting, and handling other legalities. The company was founded in 2012 and is based in New York, New York.

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Gusto

Gusto operates as an online payroll solutions platform. It offers features such as a payroll system, hiring and onboarding system, talent management system, time and attendance dashboard, and more. Gusto was formerly known as ZenPayroll. The company was founded in 2011 and is based in San Francisco, California.

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Hibob

Hibob operates as a human resource (HR) platform. It offers a range of features such as performance management, compensation management, workforce planning, time and attendance dashboard, and more. The company was founded in 2015 and is based in New York, New York.

N
Netchex

Netchex operates as a web-based human capital management (HCM) software. The software offers single sign-on, integrated solutions for the complete employee lifecycle. It also features hiring, onboarding, payroll, human resources, time management, benefits, and reporting tools. It serves various industries, including banking, hotels, restaurants, retail, and manufacturing. Netchex was founded in 2003 and is based in Covington, Louisiana.

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Salary Finance

Salary Finance is an operator of a financial platform intended to facilitate managing money and help improve the financial situation of clients. The company's platform offers a range of salary-linked employee benefit services. It was founded in 2015 and is based in London, U.K.

SmartHR Logo
SmartHR

SmartHR develops cloud labor software. The company automates procedures related to social insurance and unemployment insurance. It also offers personnel and labor management, talent management, and more. The company was formerly known as KUFU. It was founded in 2013 and is based in Tokyo, Japan.

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