Namely’s early service offering included HR information system, social newsfeed, payroll, and performance management tools.
In 2016, Namely and Cigna introduced a new benefits exchange that included 12 pre-defined medical, dental, vision, and life insurance plans.
[1] Since then, Namely has grown to add four more office locations in San Francisco, Los Angeles, Atlanta, and Austin.
In May 2018, the company fired its founder and CEO Matt Straz for actions “inconsistent with that which is expected of Namely leadership".
[5] Namely received its Series A funding in June 2013, raising $3.4 million with True Ventures[6] as the lead investor.