Namely

Comprehensive HR solutions and technology platform

New York City, New York, United States

About Namely

Namely provides a comprehensive suite of Human Resources (HR) solutions designed for HR professionals and businesses. Its cloud-based platform integrates various HR functions, including payroll, benefits administration, talent management, and compliance, making it user-friendly and scalable for small to mid-sized enterprises. Namely stands out from competitors by offering a wealth of HR resources such as reports, guides, and webinars, which help HR professionals navigate performance reviews, compliance, and data analytics. Additionally, it fosters a community among over 1,400 HR professionals, enhancing collaboration and support. The company's goal is to streamline HR processes, ensure compliance, and improve the employee experience while generating revenue through subscription fees and managed services.

New York City, New YorkHeadquarters
2012Year Founded
$211.8MTotal Funding
LATE_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
201-500Employees

Risks

Integration challenges post-merger could disrupt service delivery and client satisfaction.
Increased competition from companies like atSpoke pressures Namely to innovate faster.
Potential data privacy concerns with expanded platform capabilities and regulatory scrutiny.

Differentiation

Namely offers a comprehensive HR platform integrating payroll, benefits, and compliance.
The platform fosters a community of over 1,400 engaged HR professionals.
Namely provides extensive HR resources, including reports, guides, and webinars.

Upsides

Increased demand for cloud-based HR platforms benefits Namely's scalable offerings.
AI integration in HR tech enhances Namely's performance and talent management features.
Namely's expertise in multistate compliance is advantageous amid gig economy growth.