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Spellbook logo — The AI Copilot for Lawyers. Draft & review at the speed of m...

Spellbook

The AI Copilot for Lawyers. Draft & review at the speed of magic.

Founded 2018 Canada Toronto, Canada 140 employees Series B Total: $82.42M AI, Developer Tools +1

General Information

Company Name Spellbook
Founded Year 2018
Location Canada Toronto, Canada
Founders / Decision Makers
Team member
Employees 140
Industries AI, Developer Tools, Legal Tech
Funding Stage Series B
Business Model B2B, SaaS, API
Revenue Model Subscription, Freemium, Usage Based
Social

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About Spellbook

Spellbook, founded in 2018, is revolutionizing the legal industry with its AI-driven solutions tailored specifically for transactional lawyers. Promoted as "The AI Copilot for Lawyers. Draft & review at the speed of magic.", the platform is not just an idea but a proven product embraced by over 3,000 legal teams, enabling them to efficiently review more than 1 million contracts annually.

Positioned at the intersection of AI, Developer Tools, and Legal Tech, Spellbook operates out of its headquarters in Canada. Its recent financial milestone—a $50.00M Series B funding round on 01 October 2025—underscores growing investor confidence. The round was led by prominent investors including Moxxie Ventures, Bling Capital, iNovia Capital, Khosla Ventures, Threshold Ventures, and Path Ventures, with significant participation from visionary leader Jean-Michel Lemieux.

This strategic backing positions Spellbook to expand its market share and further innovate its product offerings, solidifying its role as a key enabler in the legal tech landscape.

Business keywords: AI for Lawyers, Generative AI, Contract Drafting, Legal Technology, Transactional Law, Contract Review, Legal Software, GPT-4, Language Models, Legal Automation, Contracting Performance, Legal AI Solutions, Document Review

Services & Products

Contract Review
Contract Drafting
Legal Risk Assessment
AI-driven Answers and Insights
Comparative Benchmarking

Target Customers

Commercial Lawyers In-house Legal Teams Transactional Law Firms Midsize and Large Law Firms Legal Professionals in Real Estate, Intellectual Property, Estate Planning, Entertainment Law, Mergers and Acquisitions

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $50.00M 7
Moxxie Ventures Bling Capital iNovia Capital
Moxxie Ventures, Bling Capital +5
01 Oct 2025
Series A $20.00M 9
Moxxie Ventures Bling Capital iNovia Capital
Moxxie Ventures, Bling Capital +7
01 Jan 2024
Late VC $10.90M 9
Moxxie Ventures Bling Capital iNovia Capital
Moxxie Ventures, Bling Capital +7
01 May 2023
Debt Financing $500.00K 1
Atlantic Canada Opportunities Agency
Atlantic Canada Opportunities Agency
01 Nov 2021
Grant $270.00K 2
Government of Newfoundland and Labrador National Research Council Canada / Conseil national de recherches Canada
Government of Newfoundland and Labrador, National Research Council Canada / Conseil national de recherches Canada
01 Dec 2020
Early VC Undisclosed -
01 Jun 2020
Early VC $750.00K 1
Concrete Ventures
Concrete Ventures
01 Dec 2019
Seed Undisclosed 1
Genesis Centre
01 Jan 2018

Latest News

View All
Hukuk alanında yapay zeka destekli çözümler sunan Spellbook, 50 milyon dolar yatırım aldı — Webrazzi
Hukuk alanında yapay zeka destekli çözümler sunan Spellbook, 50 milyon dolar yatırım aldı
Webrazzi Oct 10, 2025

Spellbook Alternatives & Competitors

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Spellbook vs
Lexis® Create+, formerly Henchman
Lexis® Create+, formerly Henchman Belgium

The fastest contract drafting experience ever made

Acquired
33 employees
AI, Legal Tech
Compare Spellbook vs Lexis® Create+, formerly Henchman
Spellbook vs
LEGALFLY
LEGALFLY Belgium

Legal AI, built for the whole enterprise

Series A
61 employees
AI, Finance
Compare Spellbook vs LEGALFLY
Spellbook vs
Draftwise
Draftwise United States

Your firm's total intelligence in the hands of every lawyer.

Series A
76 employees
AI, Analytics
Compare Spellbook vs Draftwise
View all alternatives

FAQ About Spellbook

The AI Copilot for Lawyers. Draft & review at the speed of magic.
Spellbook was founded in 2018.
Spellbook is headquartered in Toronto, Canada.
Spellbook operates in AI, Developer Tools and Legal Tech. Its work centres on AI for Lawyers, Generative AI, Contract Drafting and Legal Technology. Its customers include Commercial Lawyers, In-house Legal Teams and Transactional Law Firms.
Spellbook has a B2B, SaaS and API business model. Its revenue comes from Subscription, Freemium and Usage Based.
Spellbook has approximately 140 employees.
Spellbook has completed 8 funding rounds, raising a total of $82.42M. The latest funding stage is Series B.
Spellbook offers: Contract Review, Contract Drafting, Legal Risk Assessment, AI-driven Answers and Insights, Comparative Benchmarking.
Top alternatives and competitors to Spellbook include Lexis® Create+, formerly Henchman, LEGALFLY, Draftwise, Della | Wolters Kluwer, Paxton. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spellbook and Lexis® Create+, formerly Henchman are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Spellbook, https://bouncewatch.com/company/spellbook, updated 12 December 2025. When citing, please name BounceWatch and link this page.

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