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Spellbook Raises USD $40M Debt to Fund Legal AI Acquisitions
Toronto-based Spellbook, an AI copilot for contract drafting used by nearly 4,000 law firms and legal teams globally, has secured USD $40 million in debt financing from RBCx. The financing follows Spellbook’s USD $50 million Series B round earlier this year, which valued the company at $350 million post-money. The new capital is intended to…
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NetDocuments Launches Smart Answers to Power AI-Driven Legal Knowledge
Legal document management provider NetDocuments has introduced Smart Answers, a new capability designed to help lawyers access and apply their firm’s institutional knowledge using generative AI. The feature enables legal…
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Bundledocs Launches Collaborative Review Platform for Legal Teams
Cloud-based legal document platform Bundledocs has launched Bundledocs Review, a new collaboration capability designed to allow legal teams and external stakeholders to work together on document bundles in real time.…
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Spellbook Raises USD $40M Debt to Fund Legal AI Acquisitions
Toronto-based Spellbook, an AI copilot for contract drafting used by nearly 4,000 law firms and legal teams globally, has secured USD $40 million in debt financing from RBCx. The financing…
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Canadian Bar Association Partners with Spellbook on Contract AI
In a significant endorsement of legal AI in Canada, Toronto-based Spellbook has signed a two-year agreement with the Canadian Bar Association (CBA), becoming the organization’s exclusive AI partner for contract…
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CiteRight and Jurisage Streamline Legal Workflows for Litigators with AI Tech Tools
CiteRight is designed to make legal citation automatic. The Toronto-based company, founded in 2017 by McGill graduate Aaron Wenner, says its features can dramatically streamline legal drafting workflow, reduce errors,…
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Inovia TechTalk Spotlights Spellbook and the Future of Legal AI
Toronto’s legal innovation community will gather next week for the Inovia TechTalk — Spellbook Edition, taking place Wednesday, March 4th from 5:00 to 7:00 pm ET. Hosted by Inovia Capital,…
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