Khosla Ventures led a $50m Series B round in Spellbook.

Khosla Ventures, a venture capital firm, led a $50m Series B round in Spellbook, a legal software startup, with participation from Keith Rabois, Threshold Ventures, Inovia Capital, Bling Capital, Moxxie Ventures, Path Ventures and Jean-Michel Lemieux. "We're at the spreadsheet moment for lawyers. Just as spreadsheets transformed accounting, large language models are transforming law after 20 years of technological stagnation. With $30 trillion running through contracts annually in the U.S. alone, even small efficiency gains create massive value. This funding accelerates our mission to make contracts move at the speed of commerce," Scott Stevenson, Spellbook CEO and Co-Founder.