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FV

FT Ventures

Corporate

FT Ventures acts as the corporate venture capital investment arm of the Financial Times.

Portfolio

1

companies

Investment by month

By category

  • AI/ML£10.4M

By location

  • Edinburgh£10.4M

Portfolio companies

WA

Wordsmith AI

Wordsmith AI develops artificial intelligence agents for corporate legal teams to handle internal workflows and compliance.


Team

AC

Alexandra Calinikos

Chief Investment Officer


Recent investments

Series B
$14.0M

The legal AI startup has extended its Series B round with backing from Intact Private Capital and FT Ventures, pushing total funding to $114m.

"Every dollar that leaves a legal team and goes to outside counsel is a decision. Too often, those decisions are made by default rather than by design, because legal teams have never had the infrastructure to handle the work internally. Wordsmith gives them that infrastructure,"
— Ross McNairn, Chief Executive