Ping, a San Francisco, CA-based company that builds automation tools for professional services, raised $13.2m in Series A funding.
The round, which brought total investment to $17.4m, was led by Upfront Ventures, with participation from existing investors BoxGroup, First Round Capital, Initialized Capital and Ulu Ventures.
The company intends to use the funds to hire and expand the team, which includes Somik Raha, a member of Ulu Ventures’ seed investment team who joined full time to lead Ping’s Deployment efforts, and Michael Mizono, who was the first product designer at Nest and left Google to join Ping as its Head of Design.
Ping is a developer of AI-powered software that automates timekeeping for large enterprises and then uses data to allow industries to price, operate and work. It understands what people are doing, as they do it, and keeps their time for them.
Ping is currently being used by some of the largest global law firms throughout the U.S. and U.K. and plans to apply its machine learning-powered approach to the entire professional services market, starting with accounting and consulting.
FinSMEs
13/11/2019