Billables AI Raises $10.2M to Expand AI Legal Timekeeping Tools

2 min readSources: LegalTech News

Billables AI closes $10.2M Series A to enhance AI legal billing beyond time tracking.

Why it matters: This funding underscores growing AI innovation in legal tech that boosts billing accuracy and productivity—key priorities for law firms facing market pressure.

  • Billables AI announced a $10.2 million Series A funding round on June 9, 2026.
  • The round will support development of advanced AI-powered features beyond basic timekeeping for legal teams.
  • Founded in 2023 by Arvind Sujeeth and Nancy Jeng, Billables AI won Legal Tech Company of the Year in 2026.
  • The company previously raised $3.9 million in seed funding in October 2024, led by Wing VC.

Billables AI, a legal operations platform leveraging AI, announced a $10.2 million Series A funding round on June 9, 2026, to advance its timekeeping technology for law firms and legal departments. Founded in 2023 by Arvind Sujeeth and Nancy Jeng, the company aims to develop more sophisticated AI features that go beyond traditional legal time tracking.

The company had previously raised $3.9 million in seed funding in October 2024, led by Wing VC, demonstrating steady investor confidence in its vision to modernize legal billing with AI-powered solutions.

Billables AI’s leadership in the sector was recognized earlier this year, when it won the Legal Tech Company of the Year award at the 2026 Legalweek Leaders in Tech Law Awards. Co-founder Nancy Jeng said this accolade “reflects a broader shift happening across the legal industry” toward embracing AI-driven tools.

The infusion from this Series A round will fuel research and development focused on expanding the platform's capabilities beyond basic timekeeping — aiming to improve billing accuracy and productivity for legal professionals adapting to evolving market demands.

By the numbers:

  • $10.2 million — Series A funding announced in June 2026
  • $3.9 million — Seed funding raised in October 2024
  • 2023 — Year Billables AI was founded