Billables AI Secures Series A Funding
Billables AI, a San Francisco-based company specializing in automating billable hours for professionals such as lawyers and consultants, announced a successful Series A funding round on June 9, 2026. The company raised $10.2 million to expand its AI-powered operational intelligence platform for law firms.
Investors and Leadership
The funding round was led by Avenue Growth Partners, with additional participation from Wing VC, SignalFire, and Alumni Ventures. Billables AI was co-founded by Arvind Sujeeth, who serves as the CEO, and Nancy Jeng. Sujeeth commented on the recent funding, stating, "This investment will enable us to accelerate our product development and deepen partnerships within the legal tech ecosystem."
Strategic Use of Funds
The newly acquired capital is earmarked for several key areas of development. The company plans to bolster its research and development efforts to further enhance its product offerings. Additionally, it aims to expand its market reach and build stronger partnerships with other legal technology providers.
Expanding Legal Tech Solutions
Billables AI goes beyond traditional timekeeping by integrating with tools that attorneys frequently use, such as Microsoft 365, Google Workspace, Zoom, and Adobe. This integration allows the platform to capture detailed data on legal work processes, facilitating capabilities like billing optimization, productivity insights, and revenue forecasting.
By leveraging this funding, Billables AI aims to provide law firms with advanced tools to make data-driven decisions, streamline operations, and enhance overall efficiency. The company currently serves hundreds of law firms, focusing particularly on midmarket practices.
With this investment, Billables AI is poised to strengthen its position in the legal technology sector, delivering innovative solutions that address the unique challenges faced by modern law practices.