Wordsmith, a startup building AI software for corporate legal teams, has raised $70 million in funding from Index Ventures and other backers.

Wordsmith, a startup building AI software for corporate legal teams, has raised $70 million in funding from Index Ventures and other backers.

The legal AI startup now serves more than 500 in-house teams using Wordsmith to organize, route and complete legal work across the business, reducing reliance on outside counsel…

Edinburgh-based Wordsmith has raised a $70M Series B led by Highland Europe and Index Ventures, with total funding now at $100M across seed, Series A, and Series B.

The Edinburgh-founded legaltech won backing from big-name investors such as Index Ventures and Highland Europe.

Wordsmith AI has plans to expand and hire in Ireland after a $70m Series B backed by Highland Europe and Index Ventures.