Ivo
Ivo offers AI-driven contract review software that utilizes OpenAI's GPT-4 technology and Microsoft's Azure OpenAI Service to streamline legal negotiations through customizable playbooks and automated workflows. The platform integrates with Microsoft Word, providing intelligent redlining suggestions and natural language search capabilities to enhance the contract review process.
- Category: Contract Management
- Location: San Francisco, California, United States
- Founded: 2021-03-01
- Total funding: 22200000
- Website: https://ivo.ai
Product & Features
- Ivo Intelligence extracts business insights from contracts, enhancing enterprise strategy and decision-making.
- The platform provides complete visibility of contract relationships, consolidating amendments and agreements into a single view.
- AI-driven risk detection identifies patterns, flags outliers, and highlights changes in contract clauses.
- Users can create AI columns to surface specific terms across all contracts using plain-English prompts.
- The Assistant feature answers complex legal questions and provides summaries, reports, and tables based on contract data.
- Ivo achieves 97% accuracy in contract intelligence, outperforming human lawyers on the Contract Understanding Atticus Dataset.
- The system integrates seamlessly with various CLMs and repositories, requiring minimal onboarding and no tagging.
- Context-aware outputs deliver tailored answers based on the company’s profile and specific contract data.
Notable Customers
- Quora
- CNG Holdings
- Intel 471
- McCollister
- Accordion
- Kandji
- Hootsuite
- CDW
- Canva
- Atlassian
- Absorb Software
- EAB
- Vantage Data Centers
- Sunrider
- Consag
- McCollister's
Founders & Team
- Jacob Duligall — co-founder
- Min-Kyu Jung — co-founder
Funding Rounds
- Series B — $55M (2026-02)
- Series A — $16M (2025-03)
- funding — $4.8M (2024-05)
Recent News
- Kiwi-Born Legal AI Company Ivo Partners with New Zealand Football as Global Expansion Accelerates (2026-06)
- Ivo Updates Ivo Review, Delivering Contract Intelligence and Real Legal Judgment that Performs On Par with Experienced Human Lawyer in a Head-to-Head Study (2026-05)
- Ivo raises $16M Series A to deliver reliable AI contract review at scale, as it launches Ivo Search Agent (2025-02)
Investors
Integration partners
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Frequently Asked Questions
What is Ivo ?
Ivo offers AI-driven contract review software that utilizes OpenAI's GPT-4 technology and Microsoft's Azure OpenAI Service to streamline legal negotiations through customizable playbooks and automated workflows. The platform integrates with Microsoft Word, providing intelligent redlining…
What does Ivo do?
Ivo Intelligence extracts business insights from contracts, enhancing enterprise strategy and decision-making. The platform provides complete visibility of contract relationships, consolidating amendments and agreements into a single view. AI-driven risk detection identifies patterns, flags outliers, and highlights changes in contract clauses.
Who are Ivo 's customers?
Ivo 's customers include Quora, CNG Holdings, Intel 471, McCollister , Accordion, Kandji.
Who founded Ivo ?
Ivo was founded by Jacob Duligall and Min-Kyu Jung.
How much funding has Ivo raised?
Ivo has raised 22200000 across 3 funding rounds.
Who are Ivo 's investors?
Ivo 's investors include Blackbird, Costanoa Ventures, Fika Ventures, GD1, Icehouse Ventures.