Female Entrepreneur Newsbriefs - Lioness Magazine
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Newsbriefs: Namely Completes Growth Round, Get Credit Healthy Announces Acquisition Plans

Acquisitions

SUNRISE, Fla. — Beta Music Group Inc., through its operating subsidiary Get Credit Healthy, recently announced plans for an aggressive acquisition strategy. The company is now in a position to target financial companies with relationships with executives at leading financial institutions including but not limited to banks, lending institutions and mortgage companies which increase revenues, profitability and market share.

Elizabeth Karwowski, CEO, said, “Targeted companies must have relationships with executives at leading financial institutions including but not limited to banks, lending institutions and mortgage companies that fit our growth model to increase revenues, profitability and market share. Our proprietary software allows us to add financial institutions to our platform without incurring significant overhead. To finance potential acquisitions, we will not consider toxic financing.

The company shall continue to provide updates in the near future.

Women In Retail

 Women in Retail Leadership Circle (WIRLC), a members-only association offering enterprise-level women in the retail industry a place to learn, connect and grow both personally and professionally, has selected Gap Inc.’s Jasmine Bellamy as its advisory board’s first Diversity and Inclusion Director.

Bellamy joined WIRLC in 2017 after attending the Women in Retail Leadership Summit, WIRLC’s annual event that hosts 300-plus women retail executives for two-and-half days of retail strategy and professional development. Bellamy was later asked to join the association’s advisory board, bringing her expertise from a distinguished 25-year career in retail merchandising to WIRLC. She currently holds a leadership position in merchandising at Gap Inc.

Namely Completes Growth Round, Steele In As CEO

Elisa Steele, CEO of Namely - Lioness Magazine
Elisa Steele, CEO of Namely (PRNewsfoto/Namely)

Namely, the leading HR platform for mid-sized companies, today announced the appointment of Elisa Steele as the company’s CEO. Elisa has more than 25 years of leadership experience at several of the world’s leading technology companies. She last served as President & CEO of Jive Software and has held senior positions at Microsoft, Skype, Yahoo!, NetApp, and Sun Microsystems. Elisa joined the Namely Board of Directors in 2017 and has held the role of Head of the Office of the CEO since May.

“Throughout my career, I’ve seen firsthand how leadership has the power to transform workplaces for the better,” said Elisa Steele. “Namely is the leading all-in-one HR platform in the mid-market for a reason—it empowers HR, enables employees, and drives strategy at the leadership level. Today, we serve over 1,000 clients with our best-in-class software solution. This strong market position enables us to seize the vast opportunity across mid-sized companies who have traditionally been underserved in the market.”

Under her leadership, the company completed a $60 million growth round this week. GGV Capital, whose investments include Airbnb, Square, and Slack, led the round, alongside Tenaya Capital. Several of Namely’s significant investors, including Sequoia Capital, True Ventures, Matrix Partners, and Scale Venture Partners, all participated in the round, marking their continued commitment to Namely. The company has reached a number of milestones this year, from surpassing $50M in ARR (annual recurring revenue) to opening a large-scale operations center in Atlanta, alongside its existing offices in New YorkSan FranciscoAustin, and LA.