Wordsmith Raises $70 Million to Expand AI Platform for Corporate Legal Teams

Wordsmith has raised $70 million in Series B funding, announced by Artificial Lawyer. The round includes investment from Index Ventures and Highland Europe, bringing the company’s total funding to $100 million.

The company said the capital will be used to accelerate development of its AI platform, expand its team to 300 employees by the end of the year, and strengthen its presence in the United States. The platform is designed to help corporate legal departments manage incoming requests, automate routine work through AI agents, and measure legal output across the business.

Chief executive Ross McNairn said Wordsmith aims to serve as a central system for legal operations, where requests are received, processed, approved, and recorded in one place. The company’s software is currently used by more than 500 organizations, including Canva, Financial Times, and BT.

Wordsmith was founded by McNairn along with CTO Volodymyr Giginiak and COO Robbie Falkenthal. The team includes former executives from Skyscanner, Facebook, Microsoft, and KPMG.