Wordsmith Extends Series B With $14 Million to Scale AI for In-House Legal Teams

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Wordsmith AI has secured a $14 million extension to its Series B financing as companies increasingly explore whether artificial intelligence can help their internal legal teams handle work that would traditionally be sent to outside counsel. The new investment was led by Intact Private Capital, with participation from existing backers Highland Europe and Index Ventures. FT Ventures, the investment arm of the Financial Times, has also joined the company’s shareholder base. Wordsmith’s Series B…