About Laurel
Laurel is a company based in San Francisco (United States) founded in 2016 by Ryan Alshak and Kourosh Zamani. It operates as a SaaS (Software-as-a-Service). Laurel has raised $153.4 million across 5 funding rounds from investors including ACME Capital, Anthos Capital and Upfront Ventures. The company has 23 employees as of December 31, 2021. Laurel offers products and services including Laurel AI Timekeeping, Accounting Solutions, and Legal Timekeeping. Laurel operates in a competitive market with competitors including Clio, When I Work, BigTime, Replicon and Clockwise, among others.
- Headquarter San Francisco, United States
- Employees 23 as on 31 Dec, 2021
- Founders Ryan Alshak, Kourosh Zamani
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Sectors
Professional & Legal ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Laurel Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$153.4 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
ACME Capital
& 20 more
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Employee Count
23
as on Dec 31, 2021
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Products & Services of Laurel
Laurel offers a comprehensive portfolio of products and services, including Laurel AI Timekeeping, Accounting Solutions, and Legal Timekeeping. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered timekeeping solution is offered for professionals.
Accounting practices are streamlined using real AI technology.
Legal timekeeping demands are navigated with AI ease.
Unlock access to complete
Funding Insights of Laurel
Laurel has successfully raised a total of $153.4M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Jun 2017)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series C - Laurel | Valuation |
investors |
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| Jun, 2025 | Amount | Series C - Laurel | Valuation | IVP | |
| Mar, 2022 | Amount | Series B - Laurel | Valuation | ACME , Anthos Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Laurel
Laurel has secured backing from 21 investors, including venture fund and angel investors. Prominent investors backing the company include ACME Capital, Anthos Capital and Upfront Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward disruptive technologies and innovations.
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Founded Year | Domain | Location | |
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Investment in innovative consumer and technology companies based in Santa Monica.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Laurel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Laurel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Laurel Comparisons
Competitors of Laurel
Laurel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clio, When I Work, BigTime, Replicon and Clockwise, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Legal practice management software is provided for law firm operations.
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| domain | founded_year | HQ Location |
Employee scheduling and time tracking software
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| domain | founded_year | HQ Location |
Cloud-based time tracking software is offered by BigTime.
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| domain | founded_year | HQ Location |
SaaS-based time tracking and expense management are offered.
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| domain | founded_year | HQ Location |
An AI-powered calendar assistant is provided to automate meeting scheduling.
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| domain | founded_year | HQ Location |
Cloud-based legal management software is provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Laurel
Frequently Asked Questions about Laurel
When was Laurel founded?
Laurel was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Laurel located?
Laurel is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Laurel?
Ryan Alshak is the current CEO of Laurel. They have also founded this company.
Is Laurel a funded company?
Laurel is a funded company, having raised a total of $153.4M across 5 funding rounds to date. The company's 1st funding round was a Series B of $36.5M, raised on Jun 01, 2017.
How many employees does Laurel have?
As of Dec 31, 2021, the latest employee count at Laurel is 23.
What does Laurel do?
Laurel is engaged in providing AI-driven timekeeping solutions primarily for legal and accounting professionals. Services are designed to automate timesheets, save hours, and increase operational leverage. The company targets law firms, accounting firms, and individual timekeepers by offering tools to capture billable time accurately, grow profits, and provide operational insights. Solutions are built with enterprise-grade security, including SOC II Type II certification and GDPR compliance. The focus is on transforming time into strategic revenue through precise AI applications across professional services sectors.
What products or services does Laurel offer?
Laurel offers Laurel AI Timekeeping, Accounting Solutions, and Legal Timekeeping.
Who are Laurel's investors?
Laurel has 21 investors. Key investors include ACME Capital, Anthos Capital, Upfront Ventures, Initialized Capital, and The House Fund.
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