Laurel, a San Francisco, CA-based AI time intelligence platform, has raised $100 million in Series C funding.
Investors
The round was led by IVP, with participation from GV (Google Ventures), DST Global, 01.a, Kevin Weil, Alexis Ohanian, Arash Ferdowsi, Vladimir Fedorov, Hans Tung, and existing backers including ACME, Anthos, AIX Ventures, Gokul Rajaram, and TIME Ventures.
IVP is a top-tier venture capital firm that accelerates the growth of breakout companies, helping them turn early momentum into market leadership. IVP primarily invests in late-stage and growth-stage technology companies across various sectors, including software, fintech, health tech, and consumer technology. With 130+ IPOs out of 400 investments, IVP helps ambitious founders defy limits, command industries, and cement their place at the top.
Laurel Use of Funds
The company will use the funding to scale its AI time platform, expand enterprise adoption, and develop AI-powered tools further for time mapping and business outcome alignment.
About Laurel
Founded in 2018, Laurel is an AI time platform designed to bring visibility and intelligence to how professional services firms allocate their most valuable resource: time. The company uses AI to automatically categorize, describe, and analyze how professionals spend time on administrative work. By automating work time and connecting time data to business outcomes, Laurel enables firms to increase profitability, improve client delivery, and make data-driven strategic decisions. Headquartered in San Francisco, CA, the company serves over 100 global legal, accounting, and consulting firms.
Funding Details
Company: Laurel, Inc.
Raised: $100.0M
Round: Series C
Funding Date: June 2025
Lead Investor: IVP
Additional Investors: GV, DST Global, 01.a, Kevin Weil, Alexis Ohanian, Arash Ferdowsi, Vladimir Fedorov, Hans Tung, ACME, Anthos, TIME Ventures, AIX Ventures, Gokul Rajaram
Company Website: https://www.laurel.ai/
Software Category: AI Time Intelligence / Professional Services Automation
Source: https://www.businesswire.com/news/home/20250610987398/en/