Contract Lifecycle

#231 rlegaltech500

Ivo

Est. 2021 United States Updated 2026-02-10
Unverified by r/legaltech members — this page is based on publicly available information, not hands-on testing or practitioner feedback. Verify your experience with Ivo

Ivo is an AI-powered contract intelligence platform for in-house legal teams, founded in 2021 (originally as Latch) by Min-Kyu Jung and Jacob Duligall, headquartered in San Francisco. The platform automates contract review and redlining via a Microsoft Word add-in, using customizable playbooks and AI-driven recommendations. $55M Series B (Jan 2026, led by Blackbird), 600% revenue growth in 12 months. Fortune 500 customers including Atlassian, F5, Metropolis, Geotab, Sunrider. Previously named Latch, rebranded to Ivo in April 2024 with $4.8M raise. G2 listing exists but limited reviews. Strong Reddit presence with practitioner comparisons to Spellbook, Luminance, DocJuris. 51-200 employees per LinkedIn (up from 11-50).

Company Info

  • Founded: 2021
  • Team size: 11-50 employees
  • Funding: $22.2M
  • HQ: United States
  • Sector: CLM & Contracting

What We Haven’t Verified

This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.

Workflows

Based on practitioner evidence, Ivo is used in these workflows:

What practitioners struggle with

Real frustrations from legal professionals — the problems Ivo addresses (or should address). Sourced from practitioner reviews, Reddit threads, and case studies.

General counsel knows the legal team reviews the same types of agreements hundreds of times a year but has no aggregate data on what clauses get negotiated most, what positions counterparties accept, or where deals stall — every contract review starts from zero institutional knowledge

Document Review & Management in-house-counsel · legal-ops

Where it fits in your workflow

Before Ivo

Business team (sales, procurement, HR) drafts or receives a contract → sends to legal for review → legal opens in Microsoft Word → Ivo add-in activates for AI-assisted review against playbooks.

After Ivo

Ivo flags deviations from playbook → attorney reviews AI suggestions → accepts/rejects redlines → sends back to counterparty → contract executed → Ivo Intelligence captures data for portfolio analytics.

Integrations & hand-offs

Business request → Legal queue (could be via Ironclad/Juro CLM or email) → Ivo in Word (review + redline) → Back to business for counterparty negotiation → Executed contract → CLM or document management system.

Community Data

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