Laurel, an AI-based time intelligence platform for professional services, has received strategic investment from Workday Ventures and will join the Workday Innovation Partner network. Laurel’s technology automates time capture and analysis for hundreds of enterprise clients, including Ernst & Young and Grant Thornton, helping firms boost productivity, profitability, and resource allocation.
Customers report up to 80% less manual time entry and recover on average 28 billable minutes daily per professional, resulting in 4–11% profit gains. Independent audits validate Laurel’s ROI methodology. The platform processes over $5 billion in value, with $360 million in new value directly linked to Laurel, significantly reducing the time spent on recording tasks.
KEY QUOTES:
“We’re thrilled to be joining the Workday Innovation Partner network. Workday’s focus on shaping the future of work aligns with our mission to make time more valuable for professionals and their organizations.”
Kourosh Zamani, co-founder and head of partnerships at Laurel
“AI has the potential to revolutionize how organizations manage time so that their people are focused on the most strategic work, helping drive better employee satisfaction and productivity. We are excited to invest in and partner with Laurel, supporting their mission of innovating to help customers make the most out of their employees’ time, delivering real value for businesses.”
Barbry McGann, managing director and senior vice president, Workday Ventures
“At Laurel, we believe AI can help support people in doing their best work, reducing time spent on administrative tasks so they can focus on more strategic projects. That’s a win-win for companies and their employees.”
Ryan Alshak, co-founder and CEO of Laurel
