Fundz

Wordsmith raises $70M in Series B funding led by Highland Europe and Index Ventures to enhance its AI platform and expand its team.

PRIVATEJun 03, 2026

Amount Raised

$70 Million

Round Type

Series B

EdinburghSoftwareArtificial IntelligenceLegal

Investors

Highland EuropeIndex Ventures

Description

Wordsmith AI has announced a $70 million Series B funding round with investment from Highland Europe and Index Ventures among others. The funding will accelerate development of its AI platform and support growth by scaling its global team. The aim is to double down on the US market and meet the rising demand from corporate legal departments. CEO Ross McNairn emphasized that Wordsmith is transforming how legal work is handled using AI.

Quick answer

Wordsmith raised $70 Million in a Series B round, dated June 3, 2026. Investors: Highland Europe and Index Ventures. Wordsmith is based in Edinburgh, Scotland, United Kingdom.

How much did Wordsmith raise?
Wordsmith raised $70 Million in a Series B round on June 3, 2026.
Who invested in Wordsmith?
Highland Europe and Index Ventures are named as investors in this round.
What does Wordsmith do?
Wordsmith AI provides legal automation tools specifically designed for in-house legal departments.
Where is Wordsmith based and how big is it?
Wordsmith is based in Edinburgh, Scotland, United Kingdom. Fundz records about 60 employees.
Who are the decision-makers at Wordsmith?
Fundz holds 1 contact at Wordsmith. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Legal and Software around the same time

Companies in the same sectors as Wordsmith that raised within 45 days of this round, from Fundz verified event records.

  • ProPlaintiff.ai raised an undisclosed amount (Angel) on July 17, 2026.
  • Jupus raised $15M (Series A) on June 23, 2026.
  • Turbo Law raised $3.8M (Seed) on June 18, 2026.
  • Courtroom raised an undisclosed amount (Pre-Seed) on June 11, 2026.
  • Compuvi raised an undisclosed amount (Seed) on June 11, 2026.
  • Duely raised $1.3M (Seed) on June 9, 2026.

Who to call at Wordsmith, and when

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

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

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Company Information

Company

Wordsmith

Location

Edinburgh, Scotland, United Kingdom

About

Wordsmith AI provides legal automation tools specifically designed for in-house legal departments. The platform enables procurement, sales, and finance teams to access instant legal support for drafting contracts, completing compliance questionnaires, and answering legal queries - without bypassing legal review. Legal teams can create and manage custom playbooks, templates, and knowledge bases, ensuring all outputs are accurate and compliant. Wordsmith integrates seamlessly with Slack, Notion, Confluence, Zapier, Sharepoint and email, and features robust security and privacy controls so legal teams can scale support across the business without compromising quality or control.

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

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Wordsmith 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.

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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 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.