Namely Bags $60M Funding

Namely

90 Park Avenue, 20th FloorNew York, NY 10016
855-626-3591
http://fourriversgroup.com/portfolio_type/namely/

Key contact

Name Title
Matt Straz CEO
NEW YORK, NY, Namely has closed its latest fundraise of $60 million.
According to the firm's blog, Namely closed its latest fundraise of $60 million. GGV Capital and Tenaya Capital have joined the list of Namely investors alongside Sequoia Capital, Matrix Partners, True Ventures, and Scale Venture Partners.

Namely's people management platform is used by dozens of innovative organizations including BuzzFeed, Saatchi & Saatchi, Birchbox, GroupM, and Thrillist. Namely offers a complete performance management solution including 360 degree performance reviews, HRIS, team charting, messaging and reporting. Namely is a Safe Harbor Certified technology.

Funding Events

Date Amount Type Investors Lead investor
11/06/2013 $3,300,000 Series A Bullpen Capital, Gary Vaynerchuk, Lerer Hippeau Ventures, Mike Lazerow, True Ventures
18/06/2014 $4,700,000 Bullpen Capital, Lerer Hippeau Ventures, True Ventures, Vayner RSE fund
09/03/2015 $11,000,000 Greenspring Associates, Lerer Hippeau Ventures, Matrix Partners, True Ventures, Vayner RSE fund
23/02/2016 $30,000,000 Series D Greenspring Associates, Matrix Partners, Sequoia Capital, True Ventures
05/01/2017 $50,000,000 Series D Altimeter Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, True Ventures
07/08/2018 undisclosed GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital, True Ventures