About

Founded

2016

Headquarters

San Francisco, California

Industry

Artificial Intelligence (AI)

Company Description

Say hello to timekeeping with a money-making co-pilot. Boost your firm's profitability with Laurel. Our thoughtfully designed timekeeping solution, with real AI, turns every minute worked into clear, actionable billing and insight. Make financially sound decisions with ease, predict trends, and navigate your firm's future with confidence. Today, leading legal and professional services firms are shifting the timekeeping paradigm with Laurel, eliminating the burden of manual approaches, lifting revenue, and advancing the future of work.

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Website Jobs

Funding

Total Raised

$55.7 million

Valuation

Undisclosed

Significant Investors

First Round Capital, Upfront Ventures, Initialized Capital, The House Fund, ACME Capital, Anthos Capital

Company Traction

Laurel customers include Wright Lindsey Jennings and Lerners Lawyers.

Laurel claims customers save 2 hrs weekly per professional, $50K in savings per professional, and 3x more detailed client invoices.

As of May 2023, Laurel says customers are seeing an average of 7% increase in profitability.

Leadership Team

Ryan Alshak: Co-Founder & CEO of Laurel. Former Litigation Attorney at Manatt, Phelps & Phillips, LLP.

Kourosh Zamani: Co-Founder & COO of Laurel. Former VP of Business Development at Bailard.

Creighton Grenoble: CISO at Laurel. Former SVP, Development & Systems at Oberthur Card Systems.

Nick Bazley: Director of Product at Laurel. Former Director, Design Project Management at EPAM Systems.

Suhel Ahmed: VP of Engineering at Laurel. Former Senior Director of Engineering at Iterable.

Press

LawSites (February 3, 2023): As It Expands Into Other Verticals, Time by Ping Rebrands As Laurel

VentureBeat (March 1, 2022): [Laurel] raises $36.5M to help companies automate timesheets

Laurel