Spellbook - About the company
Spellbook is a series B company based in Toronto (Canada), founded in 2018 by Scott Stevenson, Daniel Maria and Matt Mayers. It operates as a Platform offering AI based contract drafting and review software. Spellbook has raised $84.8M in funding from Inovia Capital and Moxxie Ventures. The company has 3995 active competitors, including 361 funded and 218 that have exited. Its top competitors include companies like HubSpot, DocuSign and Salesforce.
Company Details
Platform offering AI based contract drafting and review software. It leverages GPT to draft and review the contracts. The platform suggests words and clauses that can be used in the contracts. It highlights the missing clauses and definitions. It provides legal document management solutions for corporations and law firms.
- Website
- www.spellbook.legal/
- Email ID
- *****@spellbook.legal
- Registered Address
- 91 Oxford Street, Toronto
Key Metrics
Founded Year
2018
Location
Toronto, Canada
Stage
Series B
Total Funding
$84.8M in 4 rounds
Latest Funding Round
Investors
Ranked
39th among 3995 active competitors
Employee Count
211 as on May 31, 2026
Legal entities associated with Spellbook
Spellbook is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dialog Enterprises Inc. CIN: 10476358 , Canada, Active | Nov 01, 2017 | - | - | - |
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Spellbook's funding and investors
Spellbook has raised a total funding of $84.8M over 4 rounds. Its first funding round was on May 24, 2023. Its latest funding round was a Conventional Debt round on Mar 04, 2026 for $*****. 1 investor participated in its latest round. Spellbook has 13 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Spellbook:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2026 | 3785941 | Conventional Debt | 2254908 | 9361617 | 3620440 | 5226737 |
Oct 09, 2025 | 6913208 | Series B | 3568968 | 6925062 | 2671251 | |
Jan 24, 2024 | 7798032 | Series A | 6748033 | 8592586 |
View details of Spellbook's funding rounds and investors
Spellbook's founders and board of directors
Founder? Claim ProfileThe founders of Spellbook are Scott Stevenson, Daniel Maria and Matt Mayers. Scott Stevenson is the CEO of Spellbook.
Here are the details of Spellbook's key team members:
- Scott Stevenson: Co-Founder & CEO of Spellbook and founder of 2 other companies, Rally and Rally. They are also an angel investor in 1 startup.Contact Info: 3 email addresses
- Daniel Maria: Co-Founder & CRO of Spellbook and founder of 2 other companies, Rally and Rally. Contact Info: 3 email addresses
- Matt Mayers: Co-Founder & COO of Spellbook. Contact Info: 1 email address
View details of Spellbook's Founder profiles and Board Members
Spellbook's employee count trend
Spellbook has 211 employees as of May 26. Here is Spellbook's employee count trend over the years:
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Spellbook's Competitors and alternates
Top competitors of Spellbook include HubSpot, DocuSign and Salesforce. Here is the list of Top 10 competitors of Spellbook, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 88/100 | |
2nd | DocuSign 2003, San Francisco (United States), Public | Provider of electronic signature and intelligent agreement management platform solutions | $520M | 87/100 | |
3rd | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
4th | Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 87/100 | |
5th | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
6th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
9th | Sirion 2012, Lehi (United States), Acquired | AI-powered contract lifecycle management platform | $171M | 75/100 | |
10th | Spotdraft 2017, New York City (United States), Series B | AI-powered contract lifecycle management solution for companies | $113M | 74/100 | |
39th | Platform offering AI based contract drafting and review software | $84.8M | 58/100 |
Looking for more details on Spellbook's competitors? Click here to see the top ones
Spellbook's Investments and acquisitions
Spellbook has made no investments or acquisitions yet.
News related to Spellbook
Media has covered Spellbook for a total of 7 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Spellbook Named Exclusive AI Contract Drafting and Review Partner of the Canadian Bar AssociationFinancial Post•Mar 03, 2026•CBA, Spellbook
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Spellbook Launches Contract Money Ball: Compare to Market FeatureArtificial Lawyer•Jan 13, 2026•Spellbook
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Spellbook Raises $50M Series B to Expand AI Contract Review PlatformBusiness Wire•Oct 09, 2025•Spellbook, Epath, Anysphere, Kennedys Law LLP and 8 others
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Spellbook Expands Into In-House Teams With PlaybooksArtificial Lawyer•Jan 07, 2025•Spellbook, Playbook
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Spellbook Taps Thomson Reuters’ Practical Law For Contract DataArtificial Lawyer•Oct 29, 2024•Spellbook, Thomson Reuters
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Over €11 million for London AI lawyer platformStartbase•Apr 15, 2024•Lawhive, Google Ventures, Episode 1 Ventures, Robin and 2 others
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