Spellbook vs Relativity
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
Relativity is valued at $3.6B — more than 3x Spellbook's $350M.
Head-to-Head Verdict
Spellbook
0 wins
Relativity
4 wins
🇨🇦 Canada · Scott Stevenson
Valuation
$350M
Total Funding
$80M
75 employees
🇺🇸 United States · Andrew Sieja
Valuation
$3.6B
Total Funding
N/A
1750 employees
As AI Legal players, Spellbook and Relativity target overlapping customers despite operating from different countries. The stage gap — Spellbook at Series B vs Relativity at Private — shapes how each company allocates capital and talent.
Analyst Summary
Built from real data · Updated April 2026
AI Legal remains a contested market, with Spellbook and Relativity among its most prominent entrants. Spellbook is a Canadian AI legal technology company founded in 2020 that specializes in contract analysis and review automation. Relativity is a cloud-based legal technology platform founded in 2001 that provides software solutions for legal discovery, case management, and document review.
A 10.3x valuation gap separates these companies — Relativity at $3.6B and Spellbook at $350M. Spellbook has raised $80M in disclosed funding.
Relativity (est. 2001) predates Spellbook (est. 2020) by 19 years, a significant head start in building market presence. Spellbook is at Series B while Relativity stands at Private, indicating different levels of maturity and investor risk. On headcount, Spellbook reports 75 employees and Relativity reports 1750.
Spellbook operates out of 🇨🇦 Canada while Relativity is based in 🇺🇸 United States, giving each a distinct home-market advantage. Awaira rates Relativity at 75 and Spellbook at 62, a gap that reflects differences in capital efficiency and market traction. Spellbook, led by Scott Stevenson, and Relativity, led by Andrew Sieja, each bring distinct leadership visions to the AI sector.
Key Numbers
Funding Velocity
Spellbook
Relativity
Funding History
Spellbook has completed 3 funding rounds, while Relativity has gone through 1. Spellbook's most recent round was a Series B, compared to Relativity's Series A ($50M). Spellbook is at Series B while Relativity is at Private — different points in their growth trajectory.
Team & Scale
Relativity has the bigger team at roughly 1750 people — 23x the size of Spellbook's 75. Relativity has a 19-year head start, founded in 2001 vs Spellbook's 2020. Geographically, they're in different markets — Spellbook operates out of Canada and Relativity from United States.
Metrics Comparison
| Metric | Spellbook | Relativity |
|---|---|---|
💰Valuation | $350M | $3.6BWINS |
📈Total Funding | $80M | N/A |
📅Founded | 2020WINS | 2001 |
🚀Stage | Series B | Private |
👥Employees | 75 | 1750 |
🌍Country | Canada | United States |
🏷️Category | AI Legal | AI Legal |
⭐Awaira Score | 62 | 75WINS |
Key Differences
Valuation gap: Relativity is valued 10.3x higher ($3.6B vs $350M)
Market experience: Relativity has 19 years more (founded 2001 vs 2020)
Growth stage: Spellbook is at Series B vs Relativity at Private
Team size: Spellbook has 75 employees vs Relativity's 1750
Market base: 🇨🇦 Spellbook (Canada) vs 🇺🇸 Relativity (United States)
Direct competitors: Both operate in the AI Legal market segment
Awaira Score: Relativity scores 75/100 vs Spellbook's 62/100
Which Should You Choose?
Use these signals to make the right call
Choose Spellbook if…
- ✓Stronger investor backing — raised $80M
- ✓Canada-based for regional compliance or proximity
- ✓Spellbook is a Canadian AI legal technology company founded in 2020 that specializes in contract analysis and review automation
Choose Relativity if…
Top Pick- ✓Higher Awaira Score — 75/100 vs 62/100
- ✓More established by valuation ($3.6B)
- ✓More market experience — founded in 2001
- ✓United States-based for regional compliance or proximity
- ✓Relativity is a cloud-based legal technology platform founded in 2001 that provides software solutions for legal discovery, case management, and document review
Funding History
Spellbook raised $80M across 3 rounds. Relativity raised N/A across 1 round.
Spellbook
Series B
Jan 2023
Series A
Jan 2022
Lead: Insight Partners
Seed
Jan 2021
Relativity
Series A
Jan 2008
Lead: Thoma Bravo
Investor Comparison
No shared investors detected between these two companies.
Unique to Spellbook
Unique to Relativity
Users Also Compare
Explore Further
FAQ — Spellbook vs Relativity
Is Spellbook bigger than Relativity?▾
Which company raised more funding — Spellbook or Relativity?▾
Which company has a higher Awaira Score?▾
Who founded Spellbook vs Relativity?▾
What does Spellbook do vs Relativity?▾
Which company was founded first?▾
Which company has more employees?▾
Are Spellbook and Relativity competitors?▾
Bottom Line
Relativity edges ahead with an Awaira Score of 75, but Spellbook (62) isn't far behind. The gap is narrow enough that it could shift with the next funding round.
Who Should You Watch?
Relativity has a slight edge on paper, but Spellbook isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.