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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 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.
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
211 as on May 31, 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
3785941
Conventional Debt
2254908
9361617
3620440
5226737
Oct 09, 2025
6913208
Series B
3568968
6925062
2671251
Jan 24, 2024
7798032
Series A
6748033
8592586
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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 211 employees as of May 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 HubSpot, DocuSign 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 HubSpot
HubSpot
2005, Cambridge (United States), Public
Provider of a platform offering marketing, sales, and customer service software
$101M
88/100
2nd
Logo for DocuSign
DocuSign
2003, San Francisco (United States), Public
Provider of electronic signature and intelligent agreement management platform solutions
$520M
87/100
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 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
5th
Logo for Freshworks
Freshworks
2010, Chennai (India), Public
Provider of IT service management and customer support solutions
$400M
84/100
6th
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$307M
77/100
7th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud-based business software suite for diverse operational requirements
-
-
76/100
8th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
9th
Logo for Sirion
Sirion
2012, Lehi (United States), Acquired
AI-powered contract lifecycle management platform
$171M
75/100
10th
Logo for Spotdraft
Spotdraft
2017, New York City (United States), Series B
AI-powered contract lifecycle management solution for companies
$113M
74/100
39th
Logo for Spellbook
Spellbook
2018, Toronto (Canada), Series B
Platform offering AI based contract drafting and review software
$84.8M
58/100
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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 7 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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