Legal Tech Startup Spellbook Raises $10.9 Million, With Thomson Reuters Investing

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On Wednesday, legal tech startup Rally Legal announced it has rebranded to Spellbook and secured a $10.9 million funding round, led by investment firm Moxxie Ventures and including Thomson Reuters and The Legaltech Fund, among others.

Spellbook is also the name of the generative AI-powered contract drafting and negotiation platform that Rally launched in 2022.