Spellbook launched the first generative AI tool for lawyers in 2022 and has since become a leading provider of legal AI for transactional work. Its platform, powered by large language models such as OpenAI’s GPT-5, assists nearly 4,000 law firms and corporate legal departments across 80 countries—including clients like Nestlé, eBay, and Kennedys—in streamlining contract workflows. In 2025 the company reported tripling its revenue and introduced a Compare to Market feature that grounds negotiations in data from hundreds of thousands of contracts. Management believes early market entry and proven traction position Spellbook to lead consolidation in the rapidly maturing legal tech sector. Recent funding has given the company a post-money valuation of $350 million and resources to pursue strategic acquisitions. Spellbook is backed by prominent investors such as Khosla Ventures, Thomson Reuters Ventures, Inovia Capital, The Legaltech Fund, Bling Capital, and Moxxie Ventures. The company intends to leverage its growing data infrastructure to deliver even more precise, specialized outputs for legal professionals.

Total raised

$121M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Mar 2026