Billables AI Secures $3.9M in Seed Funding
Billables AI, a promising newcomer in the AI space, just secured a hefty $3.9 million in seed funding led by Wing VC, with contributions from several other heavy-hitting investors like SignalFire, F7, and even some AI wizards from Google and Stanford.
The San Francisco-based company, which launched in June, is focused on solving one of the most tedious problems faced by professional service providers: timekeeping and billing. And let’s be honest—who actually enjoys tracking their hours?
Founded by Arvind Sujeeth and Nancy Jeng, Billables AI aims to streamline operations by helping legal professionals capture more billable hours while cutting down the time spent on those mind-numbing administrative tasks.
Sujeeth, with an estimated net worth of $10 million, previously honed his AI skills at SambaNova Systems, and now he’s bringing that expertise to this new venture. Jeng, meanwhile, brings a wealth of marketing experience from her days at Pinterest.
What’s exciting about Billables AI is its ability to automatically capture billable time through integrations with everyday software like Microsoft 365, Google, and Zoom.
Think of it as having a personal assistant silently taking notes on your workday, then magically turning those notes into a polished time report. Zigler Law Group and other early adopters have already seen a 15-30% boost in billable time, and who wouldn’t love that?
With the funds raised, Billables AI plans to keep refining its machine learning to further personalize these reports and potentially expand its offerings beyond the legal world.
The team’s ultimate goal?
To free professionals from the drudgery of timekeeping so they can get back to doing what they actually enjoy—or at least get paid for.