What is billables.ai?
Billables.ai is an innovative AI-powered platform designed to enhance timekeeping and operational intelligence for law firms and professional services. Its core offering is an automated time-tracking solution that passively captures work activity, automatically generates billing narratives, and seamlessly integrates with leading practice management and productivity tools. By minimizing administrative overhead and reducing lost time, Billables.ai empowers firms to boost revenue, ensure compliance, and cultivate greater client trust. Founded in 2023 by a team of experts in AI, B2B SaaS, and product marketing, the San Francisco-based company is at the forefront of leveraging artificial intelligence to streamline critical business operations.
How much funding has billables.ai raised?
billables.ai has raised a total of $14.1M across 2 funding rounds:
Angel/Seed
$3.9M
Series A
$10.2M
Angel/Seed (2024): $3.9M with participation from Wing VC
Series A (2026): $10.2M led by Wing Venture Capital, SignalFire, Alumni Ventures, and Avenue Growth Partners
Key Investors in billables.ai
Wing Venture Capital
Wing Venture Capital is an early-stage investor and long-term company builder that focuses on equipping founders with resources and unwavering partnerships to develop innovative products. Their mission centers around empowering technology advancements in areas such as AI, autonomous apps, data, and more.
SignalFire
SignalFire is a venture capital firm designed as a technology company, focused on igniting growth for early-stage teams through data, AI, and expert support. They provide a range of services from portfolio support to strategic insights across various sectors including healthtech, fintech, and cybersecurity.
Alumni Ventures
Headquartered in Manchester, New Hampshire, Alumni Ventures Group (AVG) creates and manages alumni venture capital funds at top colleges and universities. The company offers a tested playbook, structures, processes, staff, and regulatory knowledge to take the headache out of running a venture capital firm.
What's next for billables.ai?
With this substantial strategic investment, Billables.ai is well-positioned to further solidify its market leadership. The company is expected to channel these resources into expanding its technological capabilities, enhancing its AI algorithms for even more precise operational insights, and broadening its market reach. Future developments will likely focus on deepening integrations with a wider array of legal and professional services software, thereby increasing its value proposition. The company's trajectory suggests a continued focus on innovation and strategic partnerships to drive sustained growth and capture a larger share of the market.
See full billables.ai company page
