Spellbook, the AI co-pilot for lawyers, has raised $10.9 million in funding, led by Moxxie Ventures, with participation from Thomson Reuters Ventures and others. This investment will support Spellbook’s mission to expedite legal work through AI while enhancing hiring, R&D, and expansion.
Spellbook utilizes OpenAI’s GPT-4 to help lawyers draft and review contracts up to four times faster, allowing them to serve 30% more clients. The platform integrates with Microsoft Word, freeing lawyers from tedious tasks.
Co-founder Scott Stevenson said the funding is proof of their vision to empower lawyers with AI tools while reducing errors. Daniel Di Maria, co-founder and COO, highlighted the technology’s ability to improve lawyers’ efficiency and decision-making.
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