Ivo builds a generative-AI native platform for enterprise contract review that operates directly inside Microsoft Word. Designed for in-house legal teams, the platform surfaces contractual risks, suggests redlines, and accelerates negotiation workflows. It is built on a technical stack that includes agentic retrieval-augmented generation (agentic RAG), large-scale LLM-based legal fact extraction, and automatic deviation analysis.
The company was co-founded by Min-Kyu Jung, a former corporate lawyer, and Jacob Duligall, a former Xero engineer. That combination of legal domain expertise and engineering background shapes how the product is built: engineers ship to production daily, and teams work across design, law, and engineering. Ivo's stated position is that AI should augment lawyers' judgment rather than replace it.
Ivo has raised $55M in a Series B round. The company claims customers review contracts 75% faster using the platform, reports 6x ARR growth over the past year, and claims an 85% win rate in head-to-head trials against competitors. Its customer base includes legal teams at Uber, Atlassian, Canva, IBM, and Shopify.
