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Overview
Spellbook uses generative AI integrated with Microsoft Word to help legal teams draft, review, and manage contracts. It analyzes text in Word, suggests changes for missing clauses and inconsistencies, and checks regulatory compliance; Spellbook Associate can autonomously plan and execute complex legal tasks. It differentiates itself with in-workflow AI inside Word, a privacy-focused large-scale platform, and agentic AI capabilities. Its goal is to boost legal efficiency and accuracy so lawyers spend more time on strategic advice and client service.
About Spellbook
Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$122.4M
Headquarters
Toronto, Canada
Founded
2018
Simplify's Take
What believers are saying
- Spellbook tripled revenue in 2025, targeting $100M ARR by 2026.
- Spellbook partners with Canadian Bar Association for 40,000 professionals.
- Spellbook secures $40M RBC debt for acquiring legal AI competitors.
What critics are saying
- Harvey AI captures Spellbook's enterprise clients with broader platform.
- Microsoft Copilot obsoletes Spellbook's Word plugin, driving 70% churn.
- OpenAI's GPT-5 legal tool commoditizes Spellbook's LLM core.
What makes Spellbook unique
- Spellbook integrates AI directly into Microsoft Word for seamless contract drafting.
- Spellbook Associate executes complex legal tasks autonomously using GPT-5.
- Spellbook maintains zero data retention and GDPR/CCPA compliance.
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Funding
Total Funding
$122.4M
Above
Industry Average
Funded Over
7 Rounds
Benefits
Health Insurance
Wellness Program
Mental Health Support
Stock Options
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Annual wellness allowance
Stock option grants
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -1%2 year growth
↑ 4%Spellbook, the AI copilot for contracts used by nearly 4,000 law firms and legal teams globally, today announced it has secured $40 million USD in debt finan...
Spellbook, a St. John's-based legal AI software startup, has secured $40 million in debt financing from Royal Bank of Canada to acquire struggling competitors in the generative AI market. The company, officially named Dialog Enterprises Inc., launched one of the first generative AI tools for lawyers in 2022. Spellbook's AI copilot, powered by large language models including OpenAI's GPT-5, helps lawyers and corporations draft, edit and review legal contracts within Microsoft Word. The company tripled its revenue in 2025 and expects to reach $100 million in annual recurring revenues by year-end, according to CEO Scott Stevenson. The firm serves over 4,000 customers across 80 countries, including Nestlé, Dropbox and eBay. It recently signed a two-year partnership with the Canadian Bar Association to provide AI tools to 40,000 legal professionals.
Today we’re announcing our Series B financing led by Keith Rabois at Khosla Ventures, including participation from Threshold Ventures, Inovia, Bling Capital and Moxxie Ventures.
Spellbook, a contract software company, announced the closing of a $50 million Series B funding round, valuing the company at $350 million. This brings its total funding to over $80 million.
Spellbook, the AI copilot for lawyers, today announced $10.9M in funding led by Moxxie Ventures, with participation from Thomson Reuters Ventures, Inovia Cap...
Spellbook is Hiring for 26 Jobs on Simplify!
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About Spellbook
Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$122.4M
Headquarters
Toronto, Canada
Founded
2018
Spellbook is Hiring for 26 Jobs on Simplify!
Find jobs on Simplify and start your career today