Today we’re thrilled to announce that PointOne has raised a $3.5M seed round, with participation from Bessemer Venture Partners, 8VC, General Catalyst, and Y Combinator. Other investors include a Cooley LLP-affiliated investment fund, Soma Capital, Rebel Fund, Ritual Capital, Harvest Venture Partners, Script Capital, Katey Caldwell + Fred Benenson (Twenty Two Ventures), Christopher Golda, Harvest Venture Partners, Orange Collective, Lobster Capital, Kulveer Taggar, Howard Zelbo, David J. Phillips, Benjamin Bryant, Nate Matherson, Richard Aberman, Dr Trishan Panch, Matt Doka, Spencer Penn, Naël El Berkani, Daniel Baum, and more, including several of our customers.
When we set out on this journey, our mission was clear: save lawyers time and money by automating the admin tasks they hate most. Over time, this has expanded to supporting firm leaders with high quality data, helping them navigate the shift to AI-enabled legal services.
Today, PointOne Time captures data from all the applications attorneys work in—documents, web, emails, calendar events, and more—and uses AI to interpret them and generate complete time entries. PointOne Billing Hub brings bill review into 2024 with real-time collaboration, insights, and an AI assistant that flags and suggests fixes for common billing issues.
This capital will enable us to further improve our core time and billing products, as well as expand our suite of capabilities.
We’re incredibly grateful to all the firms using PointOne, whose commitment, feedback and collaboration have made the product what it is today.
Our mission is to support firms in the transition to AI, by automating the things they don’t want to do and using data to enable more intelligent decision-making. If you’re excited about building that future together, apply to work with us!