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

Lexi

Lexi is an operating system for legal work that lets law firms and in-house teams draft, review, and research matters in 100+ languages with verified citations.

Spellbook

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

Lexi vs Spellbook

At a Glance

DetailLexiSpellbook
CategoryGenAI & DraftingGenAI & Drafting
Total raisedNot disclosed$81.5M
Rounds trackedNot disclosed4
Latest roundNot disclosedSeries B, $50M · Oct 2025
Last valuationNot disclosed$350M
Lead investorsNot disclosedKhosla Ventures, Inovia Capital, Moxxie Ventures
Built forNot disclosedMid-size firms, Boutiques
HeadquartersNot disclosedCanada

Funding, Side by Side

LexiUndisclosed
Spellbook$81.5M
Lexi rounds

No public rounds tracked yet.

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, Lexi or Spellbook?
Spellbook has raised $81.5M in disclosed funding, compared with no disclosed amount for Lexi.
What is Lexi best for?
Lexi is an operating system for legal work that lets law firms and in-house teams draft, review, and research matters in 100+ languages with verified citations.
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.