Laurel is an AI timekeeping software designed for legal and professional services, aiming to revolutionize the way timekeeping is approached in the industry. The company's slogan, "AI timekeeping software for legal and professional services," encapsulates its core mission. With a focus on boosting firm profitability, Laurel's thoughtfully designed solution utilizes real AI to convert every minute worked into clear, actionable billing and insight. Leading the charge in transforming the timekeeping paradigm, Laurel is enabling firms to eliminate the burden of manual approaches, increase revenue, and propel the future of work. Since its founding in 2016, Laurel has made significant strides and garnered substantial recognition. Notably, the company has secured over $55MM in funding from a prestigious group of investors, including ACME Capital, Anthos, Upfront Ventures, First Round Capital, Initialized Capital, BoxGroup, and Ulu Ventures. Moreover, Laurel's recent achievement includes being recognized as one of the 100 Top Startups of 2020 by Business Insider. The latest milestone for Laurel came with a $36.50M Series B investment on 01 March 2022, supported by Upfront Ventures, Anthos Capital, Initialized Capital, The House Fund, ACME Capital, Time Ventures, and Gokul Rajaram, demonstrating the confidence top-notch investors have in the company's vision and potential. As a SaaS firm headquartered in the United States, Laurel stands at the forefront of leveraging AI to drive profitability and strategic decision-making in the legal and professional services sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $36.50M | 7 | Gokul Rajaram | 01 Mar 2022 |
Series A | $15.20M | 3 | 12 Nov 2019 | |
Seed Round | $4.00M | - | 25 Apr 2018 | |
Seed Round | Unknown | - | 01 Nov 2017 | |
Seed Round | Unknown | - | 15 Sep 2017 |
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