# Ryan Alshak

> Ryan Alshak is the CEO and co-founder of Laurel, an AI-powered time platform that automates timekeeping for lawyers, accountants, and consultants. A former corporate litigator who billed $650 an hour while manually recording every six minutes of his day, Alshak founded the company in 2018 under the name 'Time by Ping' after experiencing firsthand the absurdity of high-value professionals tracking their own time by hand. Laurel raised a $100M Series C in June 2025 at a $510M valuation, backed by IVP, GV, DST Global, Alexis Ohanian, and Kevin Weil, bringing total funding to over $149M.

- **Role:** CEO at Laurel
- **Organizations:** Laurel (formerly Time by Ping)
- **Nationality:** American
- **Education:** BS, Political Science, UC Berkeley, Juris Doctor (J.D.), USC Gould School of Law
- **Known for:** Founded Laurel (formerly Time by Ping) in 2018 and grew it to a $510M valuation, Raised $100M Series C in June 2025 from IVP, GV, DST Global, Alexis Ohanian, Kevin Weil, Achieved $10M+ ARR entirely through founder-led sales

## Career timeline

- **2013** — Graduated from USC Gould School of Law with a J.D.
- **2013-2018** — Worked as a corporate litigator, billing at $650/hour and manually recording time in 6-minute increments
- **2018** — Founded 'Time by Ping' (now Laurel), an AI timekeeping startup, after experiencing firsthand the inefficiency of manual time entry in law
- **2018** — Stanford Law CodeX featured Ping in Startup Snapshot; company closed seed round
- **2019** — Raised $13.2M Series A led by Upfront Ventures; TechCrunch coverage of Ping
- **2022** — Raised $36.5M Series B led by ACME Capital and Anthos Capital, with Marc Benioff's TIME Ventures and Gokul Rajaram participating
- **2023** — Rebranded company from 'Time by Ping' to 'Laurel'; rebuilt platform with 4x improved AI accuracy; expanded into accounting and consulting verticals
- **2025** — Raised $100M Series C led by IVP at $510M valuation, with GV, DST Global, Alexis Ohanian, Kevin Weil (OpenAI), and others participating

## Achievements

- Founded Laurel (formerly Time by Ping) in 2018 and grew it to a $510M valuation
- Raised $100M Series C in June 2025 from IVP, GV, DST Global, Alexis Ohanian, Kevin Weil
- Achieved $10M+ ARR entirely through founder-led sales
- Grew ARR 300% and usage 500% in the 12 months prior to Series C
- Landed Ernst & Young (Big Four) and top-5 law firms as clients
- Successfully rebranded Time by Ping to Laurel while expanding TAM across legal, accounting, and consulting
- Built a 200-person company addressing a $1 trillion professional services billing problem
- Named an ABA Journal Legal Rebel for innovation in legal technology

## Latest updates

- **2025-06** — Laurel raised a $100M Series C at a $510M valuation led by IVP, with participation from GV, DST Global, Alexis Ohanian, Kevin Weil (OpenAI), and others.
- **2025-06** — Fortune ran an exclusive feature on the Series C; Laurel reported 300% ARR growth and 500% usage increase in the prior 12 months.
- **2023-01** — Company rebranded from 'Time by Ping' to 'Laurel' with a platform rebuild featuring 4x improved AI accuracy.

## Links

- Website: https://laurel.ai
- LinkedIn: https://www.linkedin.com/in/ryan-alshak-72815722
- Twitter/X: https://x.com/ryanalshak
- Instagram: https://www.instagram.com/ryanalshak/
- Facebook: https://www.facebook.com/timebyping/

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Profile page: https://yespress.io/ryan-alshak
Published by YesPress — https://yespress.io
Last updated: 2026-05-11