The Venture Codex Logo

The Venture Codex

Ping

396 Alhambra Cir., Coral Gables, FL, 33134, United States

Overview

Ping builds an AI-driven timekeeping tool that automatically detects whether activities are billable, assigns clients and generates descriptive timesheet entries for lawyers to review. The product converts activity into entries like “Writing up a deposition – Jenkins Case – 18 minutes” and presents completed timesheets to users before they send them to billing. Ping says the technology can eliminate manual timekeeping, reduce burnout, and lift law firm revenue by around 10%. The company plans to scale enterprise distribution and become the new timekeeping standard in legal, with potential expansion into consulting and accounting. It has raised venture capital — a $13.2M Series A and a quiet $3.7M seed last year — and will use the funding to grow enterprise sales. Key risks the team must manage include avoiding data breaches and attorney-client-privilege concerns as it sells into relationship-driven law firms.

Total raised
$13M
Funding rounds
1
Latest round
Series A
Latest activity
Nov 2019

Industries

  • AI Infrastructure
  • Legal Tech
  • Professional Services
  • Software
Visit website

Recent funding

  1. Series A

    Nov 2019

    $13M

Team

No current team members are available.