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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 3936 active competitors, including 362 funded and 217 that have exited. Its top competitors include companies like Workday, HubSpot 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.
Email ID
*****@spellbook.legal
Part Of
Registered Address
91 Oxford Street, Toronto
Key Metrics
Founded Year
2018
Location
Toronto, Canada
Stage
Series B
Total Funding
$84.8M in 4 rounds
Ranked
Employee Count
196 as on Apr 30, 2026
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2026
9345380
Conventional Debt
1266777
3024682
1951042
6632795
Oct 09, 2025
8532552
Series B
3119298
7938192
2073556
Jan 24, 2024
8775897
Series A
8018789
7466267
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Spellbook's founders and board of directors

Founder? Claim Profile
The 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:

Spellbook's employee count trend

Spellbook has 196 employees as of Apr 26. Here is Spellbook's employee count trend over the years:
Employee count trend for Spellbook
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Spellbook's Competitors and alternates

Top competitors of Spellbook include Workday, HubSpot and Salesforce. Here is the list of Top 10 competitors of Spellbook, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Cloud-based financial management, EPM, and HR software provider for enterprises
$352M
88/100
2nd
Logo for HubSpot
HubSpot
2005, Cambridge (United States), Public
Provider of a platform offering marketing, sales, and customer service software
$101M
88/100
3rd
Logo for Salesforce
Salesforce
1999, San Francisco (United States), Public
Provider of a platform delivering customer relationship management and cloud solutions
$52M
87/100
4th
Logo for DocuSign
DocuSign
2003, San Francisco (United States), Public
Provider of electronic signature and intelligent agreement management platform solutions
$520M
87/100
5th
Logo for Coupa
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
6th
Logo for Freshworks
Freshworks
2010, Chennai (India), Public
Provider of IT service management and customer support solutions
$400M
84/100
7th
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$307M
77/100
8th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud-based business software suite for diverse operational requirements
-
-
76/100
9th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
76/100
10th
Logo for Sirion
Sirion
2012, Lehi (United States), Acquired
AI-powered contract lifecycle management platform
$171M
75/100
43rd
Logo for Spellbook
Spellbook
2018, Toronto (Canada), Series B
Platform offering AI based contract drafting and review software
$84.8M
63/100
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Spellbook's Investments and acquisitions

Spellbook has made no investments or acquisitions yet.

News related to Spellbook

lockFilter this list
Media has covered Spellbook for a total of 6 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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