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Wordsmith raises $70m Series B to expand AI legaltech platform

Edinburgh-based legal AI startup Wordsmith secured $70 million in a Series B funding round led by Highland Europe, with participation from Index Ventures, the company announced today.

Edinburgh-based legal AI startup Wordsmith secured $70 million in a Series B funding round led by Highland Europe, with participation from Index Ventures, the company announced today. Founded by former lawyer Ross McNairn, Wordsmith develops AI software tailored for in-house legal teams to automate and manage legal requests across organizations, aiming to reduce reliance on external law firms, according to sifted.eu.

Wordsmith’s platform integrates with communication channels such as email, Slack, Salesforce, and Microsoft Teams, routing legal requests and employing AI agents to handle routine tasks while escalating complex issues to legal professionals. The company’s client base now exceeds 500 businesses, including BT, Canva, Financial Times, Safelite, Trip.com, Sage, and UK challenger bank Starling, demonstrating growing adoption of its technology, the report said.

The legal and privacy tech sector in Europe has seen rapid growth, with funding rising from €380 million across 79 deals in 2024 to €840 million across 93 deals in 2025, per Sifted data. Wordsmith’s raise reflects increasing demand among corporate legal teams for AI solutions that streamline workflows and reduce external legal costs, positioning the startup as a notable player in the expanding legaltech market.

Wordsmith plans to use the new capital to accelerate product development and expand its customer base. The company’s latest funding round was announced on June 3, 2026, marking a significant milestone in its growth trajectory within the European legaltech landscape.

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