Spellbook

Investing

Internal Operations

Firm Knowledge Base

Document & Data Room AnalysisVC + PEfreemium

Spellbook streamlines VC legal workflows by providing AI-powered contract drafting, review, and benchmarking capabilities directly within Microsoft Word. The platform helps VC legal teams accelerate deal documentation processes, spot risks in investment agreements, and compare terms to market standards using data from over 2,000 common legal precedents. For venture capital firms, this translates to faster deal execution, reduced legal bottlenecks, and more consistent documentation quality across portfolio investments.

Used by VC/PE Firms

Alturas Capital Partners

Founded

2017

Team Size

151

14%

Funding

Series B

$122.2M total

Monthly Traffic

372,900

Key Features

•Microsoft Word integration
•AI contract drafting
•Risk identification and redlining
•Market benchmarking against 2000+ standards
•Multi-document workflow automation

Use Cases

Investment Agreement Review

Accelerate review of term sheets, investment agreements, and closing documents by automatically identifying risks and suggesting standard market terms

Deal Documentation Standardization

Maintain consistency across portfolio investments by using AI-powered templates and benchmarking against market standards for similar deal structures

Legal Due Diligence Support

Speed up contract analysis during due diligence by automatically reviewing target company agreements and identifying potential legal issues or non-standard terms

Portfolio Company Legal Support

Provide portfolio companies with efficient contract review capabilities for their commercial agreements, reducing external legal spend and accelerating business development