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Spellbook develops AI-powered software that enables lawyers to draft and review contracts with enhanced efficiency and accuracy. The Toronto-based company leverages artificial intelligence to streamline legal document workflows, positioning itself as a specialized solution in the rapidly growing legal technology sector. Founded in 2018, Spellbook has achieved significant market traction and reached a valuation of $350 million, demonstrating strong investor confidence in its technology and business model. The company continues to focus on expanding its AI capabilities and market penetration within the legal services industry, targeting law firms and corporate legal departments seeking to modernize their contract management processes.
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