Wordsmith has raised more than £50 million to help companies to run their in-house legal teams.

The Scottish startup is reducing the reliance on outside legal counsel and is now used by more than 500 companies to organise, route and complete legal work.

Alongside recent customer wins Sage and Starling, its clients include BT, the Financial Times, Trip.com and Canva.

The Series B funding is from Highland Europe and Index Ventures, among others. The funding will be used to accelerate development of its AI platform, scale towards 300 people globally by the end of the year and double down on the US market.