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 […]
Spellbook
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 drafting and review under its Advantage program. The partnership gives the CBA’s roughly 40,000 lawyers, judges, notaries, and law students preferred access to Spellbook’s Microsoft […]
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, an investor in Spellbook, the session will bring together founders, legal professionals, and technology leaders for a focused discussion on how generative AI is reshaping […]
Spellbook Launches Channel Partner Program to Accelerate Legal AI Adoption
Toronto-based legal AI company Spellbook has introduced a channel partner program designed to help law firms adopt artificial intelligence through the consultants and service providers they already rely on. The move reflects a broader reality in legal technology: while interest in AI is high, successful implementation often depends less on the software itself and more […]
Spellbook Launches Data-Driven Contract Benchmarking Tool
Toronto’s Spellbook has announced the general availability of Compare to Market, a new contract comparison feature designed to bring real market data into transactional negotiations. The launch marks a notable shift in how AI is applied to contract work. Rather than generating suggested language or abstract “best practices,” Compare to Market benchmarks key deal terms […]