Wordsmith AI, a legal artificial intelligence platform, announced Wednesday a $70 million Series B funding round led by Highland Europe and Index Ventures.
The funding will be used to accelerate the development of Wordsmith’s AI platform, scale its workforce to 300 people globally by the end of the year, expand in the US market, and support growing demand from corporate legal departments. Wordsmith’s platform is designed to help in-house legal teams receive, route, resolve, and record legal requests from across their businesses, using AI to handle routine work while involving lawyers for matters requiring judgment.
Wordsmith was founded by CEO ...
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