Wordsmith, an Edinburgh-based legal AI startup, has secured €60.2 million ($70 million) in Series B funding, bringing its total raised to $100 million. This round, led by Highland Europe and Index Ventures, follows a period of significant growth, with the platform now used by over 500 companies. The funds will accelerate AI platform development, expand the team to 300 employees by year-end, and bolster US market presence.
Amount: $70.0M