What does Laurel do?
Laurel offers an AI time platform that automatically categorizes, describes, and analyzes how professionals spend their time on administrative tasks, enabling firms to optimize profits and resource allocation.
How much did they raise?
The company raised $100M in its Series C round, led by IVP, with participation from GV, 01.a, DST Global, Kevin Weil, Alexis Ohanian, Vladimir Fedorov, Arash Ferdowsi, Hans Tung, and returning investors such as ACME and TIME Ventures.
What are their plans for the money?
Laurel plans to use the funds to expand its operations and further develop its platform, potentially transforming the way accounting, consulting, and law firms connect time data to business outcomes.
What have they achieved so far?
Since its founding in 2018, Laurel has successfully deployed its platform for accounting, consulting, and law firms, demonstrating its effectiveness in streamlining administrative workflows and driving better business outcomes.
