Wordsmith, a company specializing in AI solutions for the legal sector, has successfully raised $70 million in new funding. This investment round was led by prominent investors, including Index Ventures and Highland Europe, bringing the company's total investments to approximately $100 million in just two years. The company is developing a smart platform designed for in-house legal departments within companies. It helps manage incoming requests from email and various work applications like Slack, Teams, and Salesforce, in addition to drafting contracts, answering legal inquiries, and coordinating task distribution among legal team members more efficiently.
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