Maker of HR soft­ware will ex­pand in Austin

New York’s Namely will add 30 jobs, move to larger of­fices on 15th St.

Austin American-Statesman - - BUSINESS - By Lori Hawkins lhawkins@states­ Namely

Namely, a fast-grow­ing New York-based soft­ware com­pany, is ex­pand­ing its Austin team, with a move to larger of­fices and plans to add 30 work­ers in Cen­tral Texas.

Founded in 2012, Namely sells hu­man re­sources soft­ware that helps mid­size com­pa­nies stream­line their HR pro­cesses. The plat­form in­cludes per­for­mance re­views, pay­roll, ben­e­fits, time man­age­ment and ap­provals.

The com­pany, which has 350 em­ploy­ees, opened an Austin of­fice in late 2015 as part of a $30 mil­lion in­vest­ment. Namely has raised a to­tal of $157.8 mil­lion since launch­ing.

Namely chose Austin for ex­pan­sion be­cause of its large base of in­no­va­tive mid­sized com­pa­nies, in­clud­ing tech com­pa­nies, cre­ative in­dus­tries such as dig­i­tal me­dia and ad­ver­tis­ing, and non­prof­its, com­pany ex­ec­u­tives said.

“I’m so proud of our Austin team and the tremen­dous growth we’ve seen over the past year,” said Matt Straz, Namely founder and CEO.

“Austin is home to many ex­cit­ing mis­sion-driven com­pa­nies, and we’re proud to give them ac­cess to the HR tech­nol­ogy that helps them grow and at­tract great peo­ple in a com­pet­i­tive mar­ket,” Straz said.

The com­pany is mov­ing from of­fices on North La­mar to down­town space at 400 W. 15th St., near the Texas Capi­tol. It cur­rently has 20 em­ploy­ees here and plans to reach 50 over the next year.

The Austin team is fo­cused on sales, client sup­port and a new

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