Wordsmith Gets $14 Million to Help Legal Teams
Wordsmith just raised $14 million to expand its AI tools. The company wants to help internal legal teams handle more work on their own. This means companies can rely less on expensive outside lawyers.
Intact Private Capital led this new round of funding. Other investors like Highland Europe and Index Ventures also contributed. Even the Financial Times joined in to support the growth.
This money will help the company build more features for its platform. More businesses are looking for ways to speed up legal reviews and contracts. Wordsmith hopes to be the standard tool for those teams.
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