Edinburgh-headquartered Wordsmith AI raises $70m

Edinburgh-headquartered Wordsmith AI raises $70m

Ross McNairn

Edinburgh-headquartered Wordsmith AI has announced a $70 million Series B funding from Highland Europe and Index Ventures among others.

The legal AI startup was founded by CEO Ross McNairn, CTO Volodymyr Giginiak, and COO Robbie Falkenthal. Mr McNairn is a former lawyer turned technology executive who helped scale Perk from $1m to $200m in ARR and previously held senior roles at Skyscanner before its $1.7 billion exit.

Wordsmith, which “captures, triages, resolves and records every legal request from the business” will use the funding to accelerate development of its AI platform, scale towards 300 people globally by the end of the year, double down on the US market, and support growing demand from corporate legal departments looking to bring more work in-house, reduce spend on outside counsel, and measure legal’s impact across the business.

“Legal does not need another filing cabinet, and it does not need another copilot that simply helps one lawyer work faster,” said Mr McNairn. 

“Wordsmith is the front door that does the work. Requests come in, AI agents process the routine, lawyers approve what needs judgment, and every step is recorded as it happens. We are building the system Legal runs on: one place where work comes in, gets owned, gets completed and measured.”

Jean Tardy-Joubert, partner at Highland Europe, added: “What is most exciting about Wordsmith is that this is a tool built for companies, rightfully involving all employees in legal affairs, in coordination with the in-house legal team. By taking a vertical approach, Ross and the Wordsmith team have established themselves at the forefront of the sector, with demonstrable market traction, impressive growth and more than 500 satisfied customers.”

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