Wordsmith Raises $5M in Seed Funding

Left to right are Wordsmith co-founders Robbie Falkenthal (COO), Ross McNairn (CEO), and Volodymyr Giginiak (CTO) (Photo: Business Wire)

Wordsmith, an Edinburgh, Scotland, UK-based provider of an AI-powered legal assistant platform, raised $5M in Seed funding.

The round was led by Index Ventures, with participation from General Catalyst and Skyscanner CEO Gareth Williams.

The company intends to use the funds to expand operations and its development efforts.

Founded in 2023 by Ross McNairn, Volodymyr Giginiak and Robbie Falkenthal, Wordsmith provides an AI-powered legal assistant platform that aims to solve the high volume of routine tasks that lawyers have to do to keep up with the demands of the business, from confirming policy details to contract analysis and complex financing.

FinSMEs

20/06/2024