On Wednesday, PointOne, a legal tech startup that automates legal timekeeping and billing, announced that it raised $3.5 million in a seed financing round that saw participation from Bessemer Venture Partners, General Catalyst, Y Combinator and an investment fund affiliated with law firm Cooley, among others.

Officially launched in October 2023, PointOne participated in Y Combinator’s winter batch of startups, an incubation program that ended in April.

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