Time by Ping Raises $36.5M in Series B Funding

Time by Ping

Time by Ping, a San Francisco, CA-based time automation company, raised $36.5M in Series B funding.

The round, which brings TBP’s total financing to over $55M, was led by ACME Capital and Anthos Capital with participation from existing investors Upfront Ventures, Initialized Capital, The House Fund, Marc Benioff’s TIME Ventures and Gokul Rajaram.

The company intends to use the funds to strengthen its position in the legal market while expanding into other professional services segments starting with accounting, accelerate product and AI development, and grow its team, ramping up engineering, sales, and customer success.

Led by Ryan Alshak, CEO, Time by Ping provides a time automation software platform that leverages AI to empower knowledge workers with new insight into how they spend their time so they can use it with intention. The company has initially established its customer base among law firms, including firms in the Am Law 100.

FinSMEs

01/03/2022