Laurel, formerly known as Time by Ping, an AI-Time company and a 2017 alumnus of Mishcon de Reya's MDR Lab, has announced its $100 million Series C funding round. The investment was led by IVP, with participation from Google Ventures, 01.a, Rahul Mehta (Managing Partner at DST Global), Alexis Ohanian, and returning investors ACME and Anthos.
Nick West, Partner and Chief Strategy Officer at Mishcon de Reya, said: "We are delighted for the team at Laurel and proud to have worked so closely with them. Their AI-Time product is truly distinctive and brings unparallel insight to knowledge workers in professional services. We are excited to continue supporting them on their journey."
MDR Lab enables Mishcon de Reya to work uniquely and exclusively with technology start-ups in the legal space. Since its inception, the Lab has successfully collaborated with over 30 companies, is a customer of several and has made equity investments in a number of them.
Find out more about MDR Lab and learn about its programmes.
More information on Laurel’s raise can be found here: