Laurel - About the company
Laurel is a series C company based in San Francisco (United States), founded in 2016 by Matt Bordas and Ryan Alshak. It operates as a Cloud based employee time tracking software for the legal sector. Laurel has raised $153M in funding from investors like Upfront Ventures, IVP and Ulu Ventures, with a current valuation of $*****. The company has 1637 active competitors, including 56 funded and 68 that have exited. Its top competitors include companies like Clio, Filevine and Litify.
Company Details
Cloud based employee time tracking software for the legal sector. It leverages machine learning algorithms that automatically captures the time spent by lawyers. It collects and analyzes time spent on tasks by individuals, companies, and IT professionals. It creates a visual datasheet of time entries to manage tasks chronologically. It can be integrated with billing systems.
- Website
- www.laurel.ai/
- Social
- Email ID
- *****@timebyping.com
- Phone Number
- +1 **********
- Registered Address
- Laurel, New York
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series C
Total Funding
$153M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 22, 2025
Investors
Ranked
7th among 1637 active competitors
Employee Count
307 as on Jul 31, 2026
Legal entities associated with Laurel
Laurel is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LAUREL LINKS COUNTRY CLUB INC CIN: 113591822 , United States, Active | Dec 26, 999 | - | 32 (As on Dec 31, 2024) | - |
Time By Ping, Inc CIN: 81-1520167 , United States, Active | Dec 31, 2015 | - | 43 (As on Dec 31, 2021) | - |
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Laurel's funding and investors
Laurel has raised a total funding of $153M over 5 rounds. Its first funding round was on 2017. Its latest funding round was a Series C round on Aug 11, 2025 for $*****. 1 investor participated in its latest round. Laurel has 21 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Laurel:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 11, 2025 | 8615458 | Series C | 2945479 | 8590245 | 8785410 | 5711968 |
Jun 10, 2025 | 3540568 | Series C | 4119859 | 7728332 | 8787630 | |
Mar 01, 2022 | 9074785 | Series B | 4753958 | 6021223 |
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Laurel's founders and board of directors
Founder? Claim ProfileThe founders of Laurel are Matt Bordas and Ryan Alshak.
Here are the details of Laurel's key team members:
- Matt Bordas: Co-Founder / Head of Engineering of Laurel and founder of 1 other company.
- Ryan Alshak: Co-Founder, COO of Laurel. Contact Info: 1 email address
View details of Laurel's Founder profiles and Board Members
Laurel's employee count trend
Laurel has 307 employees as of Jul 26. Here is Laurel's employee count trend over the years:
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Laurel's Competitors and alternates
Top competitors of Laurel include Clio, Filevine and Litify. Here is the list of Top 10 competitors of Laurel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering legal practice management software | $1.79B | 80/100 | ||
2nd |  Filevine 2014, Provo (United States), Series E | Provider of legal practice management software with integrated AI capabilities | $548M | 67/100 | |
3rd | Litify 2016, New York City (United States), Acquired | Cloud based enterprise legal management software | $78.6M | 65/100 | |
4th | Dye & Durham Corp. 1874, New Westminster (Canada), Public | Provider of cloud-based legal practice management and fintech software | $25M | - | 63/100 |
5th | Harvest 2006, New York City (United States), Funding Raised | Provider of time tracking and invoicing software for businesses | - | 63/100 | |
6th | Litera 1995, Chicago (United States), Acquired | Online practice management software for law firms | - | 63/100 | |
7th |  Laurel 2016, San Francisco (United States), Series C | Cloud based employee time tracking software for the legal sector | $153M | 62/100 | |
8th |  Eve 2020, San Francisco (United States), Series B | Developer of AI legal software for plaintiff law firms | $164M | 62/100 | |
9th | SaaS-based expense management and time tracking | $20M | 62/100 | ||
10th | Developer of software identifying legal risks from public data sources | $63M | 61/100 |
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Laurel's Investments and acquisitions
Laurel has made no investments or acquisitions yet.
Reports related to Laurel
Here is the latest report on Laurel's sector:
News related to Laurel
Media has covered Laurel for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Laurel and Thomson Reuters Partner to Help Law Firms Prove the Business Value of AIPR Newswire•Aug 05, 2026•Laurel, Thomson Reuters, Laurel
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The hot new AI job every grad should get into, according to an AI chief product officerBusiness Insider•May 26, 2026•Laurel
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Workday Ventures Invests in Laurel to Widen AI Billing Customer ReachArtificial Lawyer•Aug 11, 2025•Laurel, Workday Ventures, Workday
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AI Timekeeping Platform Laurel Secures $100M in Series C Round Led by IVP, with Google Ventures ParticipationLawnext•Jun 10, 2025•Laurel, DST Global, OpenAI, GitHub and 7 others
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Time By Ping raises $36.5M to help companies automate timesheetsVentureBeat•Mar 01, 2022•Laurel, ACME Group, Anthos Capital, Upfront Ventures and 6 others
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Better.com, An Online Lending Startup, Completes Series D At $4 Billion ValuationForbes•Nov 09, 2020•Better Mortgage, American Express, Activant Capital, Laurel and 9 others
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Ping clocks up $13.2m Series A funding in bid to automate timekeepingLegaltechnology•Nov 12, 2019•Laurel, Upfront Ventures
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Lawyers hate timekeeping — Ping raises $13M to fix it with AITechCrunch+•Nov 12, 2019•Laurel, Upfront Ventures, BoxGroup, First Round Capital and 4 others
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