Spellbook has raised a $50m Series B led by @rabois at @khoslaventures.
Since 2022 we've grown rapidly to 4,000 law firm and in-house legal customers including Nestlé, eBay and Kennedys.
We aim to be the best way to draft and review agreements with AI—Cursor for contracts
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Massive credit to @clevesque for leading this build with @stenback, Jordan Smith and @jevy. This has been one of our most successful betas of all time. It was amazing to watch the team relentlessly polish the UX & AI accuracy over months.
Today we're launching one of Spellbook's most requested features: Playbooks. They're custom rule sets that enable AI to review contracts like you do.
✅ Instantly check if a contract meets your standards
➡️ Auto-insert preferred language and fallbacks
Our thinking in thread:
After years of running super lean, working remotely and renting in various co-working spaces, @SpellbookLegal has its first office that's fully our own
Meet Spellbook Associate: The first AI Agent for law
Two years ago we launched the first GenAI copilot for lawyers. We had no idea it would now be used by 2,500+ legal teams!
Today we're launching the first full-fledged agent that can break down legal projects into plans, execute work across multiple documents and apps, review its work and re-plan as needed.
More below👇
Today @Spellbooklegal launches Benchmarks: an instant check to see how a contract compares to industry standards.
Commercial lawyers are always wondering: "What is market?"
We're excited for an era of data-driven negotiations where the answer to that question is clearer than ever.
(More info below)
This is a post I wrote just after we launched Spellbook. We had no idea 2000 legal teams were about to adopt our tool.
It's fun to reflect on these moments—so that we can recognize them in the future.
"What AI Agents Mean for Lawyers" coming soon :)
https://t.co/XpaZWcYR8I
We're thrilled to announce that @SpellbookLegal has raised a $20m Series A financing, led by @inovia.
In 2014 my musical instrument company got a legal bill that nearly zeroed our bank account.
In 2019 we launched Rally to help lawyers draft more efficiently using document automation.
In 2022 we launched Spellbook as the first generative AI copilot for lawyers.
In 2023 we assisted 1700+ legal teams with nearly 1 million contracts!
We're excited to deploy this capital towards building the most trusted AI assistant for transactional lawyers.
We have some huge new breakthroughs coming this year—which we'll start to show at @LegalweekShow next week!
Thank you to our incredible team, customers and investors for joining our mission to help lawyers escape transaction drudgery—ultimately delivering more value to the end clients of legal services, and helping lawyers focus on doing more of the strategic work they love.
Special thanks to our legal counsel at LaBarge Weinstein (@LWConnect) and the opposing counsel team at Osler, Hoskin & Harcourt LLP (@Osler_Law) and Inovia Capital who helped us close this deal in record time.
We're hiring hungry intermediate engineers at @SpellbookLegal. We were the first to build an LLM copilot for lawyers in 2022, and have since grown to nearly 2000 law firms onboard.
We are a tight, nimble team of builders and are looking for people who are excited by the opportunity to grow quickly with us.
Feel free to DM me if you have questions, or apply below:
https://t.co/Of8pEQ0GL8
We're growing fast at @SpellbookLegal and desperately need a RevenueOps/DataOps person to help us get a handle on lead & customer reporting.
Who is exceptional at this?
Today we launch our next leap forward in legal AI: Spellbook Reviews
Reviews adds precise redlines to your legal documents, live in Microsoft Word, based on your instructions.
Chatting with AI was fun, but having AI actually do complex legal tasks before your eyes... opens up a whole new world!
Read more and try it for free using the link below 👇
Blown away by the comprehensiveness of Spellbook's new contract review feature. You can even insert suggestions as comments or changes!
Get it soon at https://t.co/qvEA2myJEh!
Spellbook's AI copilot for lawyers is now available to law students & faculty, completely free.
We've been blown away by the number of educators reaching out for access for their classes--and also by how many schools are contemplating banning AI from the classroom.
Read more 👇