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Market Tracked raises in 2026$3.41B+$183M this week Rounds77 LatestBlue J$176M Series E Thursday, November 12

Arceus

AI-native law firm starting with contract review.

Spellbook

Spellbook is an AI contract review and drafting tool for transactional lawyers that works inside Microsoft Word.

Arceus vs Spellbook

At a Glance

DetailArceusSpellbook
CategoryGenAI & DraftingGenAI & Drafting
Total raised$17M$81.5M
Rounds tracked14
Latest roundUndisclosed, $17M · Oct 2026Series B, $50M · Oct 2025
Last valuationNot disclosed$350M
Lead investorsGreycroftKhosla Ventures, Inovia Capital, Moxxie Ventures
Built forNot disclosedMid-size firms, Boutiques
HeadquartersUnited StatesCanada

Funding, Side by Side

Arceus$17M
Spellbook$81.5M
Arceus rounds
  1. Oct 2026Undisclosed$17M
Spellbook rounds
  1. Oct 2025Series B$50M
  2. Jan 2024Series A$20M
  3. May 2023Undisclosed$10.9M
  4. Dec 2019Pre-Seed$567K

Our Take

We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.

Quick Answers

Which has raised more, Arceus or Spellbook?
Spellbook has raised $81.5M in disclosed funding, compared with $17M for Arceus.
Do Arceus and Spellbook share investors?
No. None of the investors we track have backed both companies.
What is Arceus best for?
AI-native law firm starting with contract review.
What is Spellbook best for?
Spellbook is an AI contract review and drafting tool for transactional lawyers that works inside Microsoft Word.

Source: Legal Tech Circle funding data, from public announcements. Updated November 12, 2026.