Wordsmith (Seed)

Funding Details
Awarder
RSS - theaiinsider.tech
Date Award
June 20, 2024
Vertical
LegalTech
Funding URL
View Funding Page
Funding Amount:
$5,000,000

Company Info
Founders
Ross McNairn
Company Description
Wordsmith is an AI-powered legal assistant platform that aims to transform the legal industry by enhancing the productivity of legal professionals, reducing routine tasks, and providing significant cost savings. The platform enables in-house legal teams to achieve 90% of the output of a top-tier lawyer at a 99% cost reduction, leveraging AI to augment rather than replace human expertise.
Market
Legal
Location
Edinburgh, Scotland
Coinvestors
Index Ventures, General Catalyst, angel investors including Skyscanner founder Gareth Williams

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