We’re excited to announce that we’ve raised $20M in our Series A financing, led by @inovia, after rapid uptake from 1,700+ legal teams who used Spellbook to assist with nearly 1 million contracts in 2023.
Spellbook is now trusted by lawyers globally in over 50 countries.
With this funding, we’ll continue to push forward the capabilities of AI in law: tackling industry-wide hallucination problems, expanding the role of AI in the broader transactional workflow, and enabling AI to mimic the nuances of a lawyer’s preferences.
Read more: https://t.co/JwDfwgGYF1
If you’re looking to join a team at the bleeding edge of AI, we’re hiring! https://t.co/qVY19Zw84I
Thank you investment teams at @ThomsonReuters Ventures, The Legaltech Fund, @blingcapital, @MoxxieVentures, @ConcreteVen, @Billy_Draper, @N49PVC and Good News Ventures who also bet on us in this round.
And thank you to our counsel at LaBarge Weinstein LLP (@LWConnect) and the opposing counsel at Osler, Hoskin & Harcourt LLP (@Osler_Law ) and Inovia Capital for helping us get this deal closed in record time.
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We're excited to announce that we've raised $10.9M USD to bring assistive AI to legal teams around the world!
Read more on our blog👇
https://t.co/9vjEIgAO5Z
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