Fundz

Legal AI Startup Spellbook Raises $20M Series A Funding Round, Following 10x Revenue Growth

PRIVATEJan 24, 2024

Amount Raised

$20 Million

Round Type

Series A

TorontoSoftware

Investors

Moxxie VenturesN49 PPath VenturesConcrete VenturesThomson Reuters VenturesThe Legaltech FundBling CapitalGood News VenturesInovia Capital

Description

Spellbook, the AI copilot for lawyers, today announced a $20M Series A funding round led by Inovia Capital. Thomson Reuters Ventures, The Legaltech Fund, Bling Capital, Moxxie Ventures, Concrete Ventures, Path Ventures, N49P and Good News Ventures also participated in the round, which now brings Spellbook’s total funding to more than $30M.

Who to call at Spellbook, and when

A new round usually means Spellbook is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Spellbook raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Spellbook, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Spellbook. With Fundz connected, it knows.

See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Spellbook

Location

Toronto, Ontario, Canada

About

Spellbook is a legal software company which launched the first generative AI contract drafting tool in September 2022. The technology, powered by large language models like OpenAI’s GPT-4, is optimized using legal datasets for superior contracting performance. More than 1,700 law firms and legal team customers across the industry use Spellbook to support their lawyers with the resources to make more accurate and efficient legal decisions when drafting contracts and supporting documents.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Spellbook raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Spellbook's next move

See what Strategic adds

Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Spellbook raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.