Wordsmith AI Raises $14M Series B Extension
Wordsmith, a New York and Edinburgh-based legal AI company, has secured a $14 million Series B extension to accelerate the expansion of its AI-powered platform for in-house legal teams. The funding follows strong business growth, with the company reporting 14x year-over-year revenue growth and adoption by more than 500 enterprise customers.
The round was led by Intact Private Capital, with additional participation from existing investors Highland Europe and Index Ventures, and new investor FT Ventures.
The company plans to use the new capital to deepen its presence in North America, where demand from enterprise legal teams is accelerating, and to strengthen its footprint in the financial services and insurance sectors.
Wordsmith provides an AI-powered legal operations platform that helps enterprises manage legal requests, automate routine work, reduce outside counsel costs, and improve operational efficiency. Its platform enables legal teams to process requests using AI agents while maintaining lawyer oversight, auditability, and regulatory compliance. Wordsmith is trusted by more than 500 organizations, including BT, FT, Sage, Starling, Canva, and Safelite, helping enterprises handle more legal work internally while reducing reliance on external law firms.
Funding Details
Company Website: https://wordsmith.ai
Company: Wordsmith AI
Raised: $14M
Round: Series B Extension
Funding Date: August 5, 2026
Lead Investor: Intact Private Capital
Additional Investors: Highland Europe, Index Ventures, FT Ventures
Software Category: Legal Tech / AI