Wordsmith AI has raised a $70 million Series B round as it looks to build what it describes as the platform for running in-house legal teams.
The funding brings Wordsmith’s total funding to $100 million. The company said its revenue has grown by more than 14 times over the past 12 months, while more than 500 companies now run on Wordsmith.
Founded around the idea that in-house legal teams need a dedicated system of record and workflow platform, Wordsmith is positioning itself as “the inbox that does the work” for legal departments.
The company says legal teams are still often operating across Slack channels, email inboxes, chat threads, and unfinished documents, while other business functions have dedicated systems such as CRMs, ledgers, and project management tools.
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According to Wordsmith, that lack of a central system has become more urgent in the AI era, as business teams increasingly answer their own legal questions using whatever tools they can find. The company argues this creates risk when work happens without legal teams seeing, owning, or recording it.
Wordsmith’s platform is designed to take legal requests from across the business, route them to the right owner, resolve routine work using AI workers and approved playbooks, and reconcile what should be done against what was actually completed.
The company is focused specifically on in-house legal teams, rather than law firms, saying the two groups have different incentives, workflows, and definitions of success.
Wordsmith outlined several areas it is building against, including routine legal work, fragmented request intake, lack of ownership and context, and limited visibility into outside counsel spend.
The platform’s AI workers are designed to handle routine work such as NDAs, vendor reviews, privacy questionnaires, and recurring contract questions using company playbooks and service-level agreements.
Wordsmith is also building a centralized inbox to bring requests from Slack, email, Salesforce, Teams, and other channels into one place. The company said that feature is planned for Q2 2026.
In Q3 2026, Wordsmith plans to turn each job into a matter with an owner, SLA, stakeholders, and attached context. In Q4 2026, the company plans to focus on reconciling playbooks, obligations, spend, and decisions to give legal departments clearer visibility into their work and costs.
The new funding will be used to invest in the platform, legal engineering, AI workers, the inbox, the matter layer, and the team building those products.
Wordsmith said it is scaling to around 300 people by the end of the year across the United States, United Kingdom, and EMEA.
“The function deserves a number. We are going to give it one. And with that number, the outside counsel bill starts coming down,” wrote Ross McNairn, CEO and co-founder of Wordsmith AI, in the announcement.
Wordsmith describes itself as a legal operations platform for in-house teams, built to help legal move at the speed of AI while giving businesses faster answers and clearer control over outside counsel spend.