How Much Did Smokeball Raise?
Funding & Key Investors

Smokeball, a provider of cloud-based legal practice management software, has secured significant enterprise-level funding, with its total funding reaching $30.4M. The company recently announced a major strategic investment of $30M, underscoring its growth trajectory and market position. This latest capital infusion is expected to fuel further development and expansion for the legal tech innovator.

What is Smokeball?

Smokeball
SoftwareLegal Solutions

Smokeball distinguishes itself as the first and only cloud-based legal practice management software designed to automatically record time. This unique feature empowers law firms to enhance their profitability and productivity by streamlining administrative tasks and ensuring accurate time tracking. The company operates within the legal technology sector, offering a comprehensive solution for modern legal practices seeking efficiency and improved financial performance.

How much funding has Smokeball raised?

Smokeball has raised a total of $30.4M across 2 funding rounds:

2020

Debt

$350K

2021

Unspecified

$30M

Debt (2020): $350K with participation from PPP

Unspecified (2021): $30M, investors not publicly disclosed

Key Investors in Smokeball

PPP

Public-Private Partnership

What's next for Smokeball?

The recent major strategic investment signals a pivotal phase for Smokeball, likely indicating a move towards scaling operations and expanding market reach. This enterprise-level backing suggests confidence from investors in Smokeball's innovative approach to legal practice management and its potential for significant market disruption. Future developments may include enhanced feature sets, broader integration capabilities, and strategic partnerships aimed at solidifying its position as a leader in the legal tech landscape. The company is poised for accelerated growth, leveraging this capital to further its mission of increasing law firm profitability and productivity.

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Frequently Asked Questions Regarding Smokeball Financial Insights

What are the most recent funding rounds that Smokeball has completed, and what were the funding rounds?
Smokeball has recently completed 2 funding rounds: Unspecified on Sep 30, 2021, Debt on May 3, 2020.
What is the total amount of funding Smokeball has raised to date?
Smokeball has raised a total of $30.4M in funding to date.
How many funding rounds has Smokeball completed?
Smokeball has completed 2 funding rounds.
How much funding did Smokeball raise in its most recent funding round?
Smokeball raised $30M in its most recent funding round.
Which was the largest funding round in Smokeball's history?
The largest funding round in Smokeball's history was $30M.
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