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Ivo provides a generative AI platform that automates contract negotiations for corporate legal, procurement, and sales teams. The software works by comparing new agreements against a company's specific legal playbooks and historical data to automatically identify deviations, suggest revisions, and generate redlines. Unlike traditional manual review, Ivo uses an agentic assistant and dynamic redlining to produce edits that mirror an attorney's style, significantly reducing the time spent on routine document analysis. The company's goal is to accelerate deal cycles and increase efficiency by providing a centralized system for consistent and automated contract review.
Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Series B
Total Funding
$83.2M
Headquarters
San Francisco, California
Founded
2022
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Total Funding
$83.2M
Above
Industry Average
Funded Over
5 Rounds
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Hybrid Work Options
Company Equity
Ivo has launched Ivo Collaborate, an AI-native platform for managing the entire contract lifecycle. The San Francisco-based company's new product moves beyond traditional contract lifecycle management systems by reading agreements as they arrive and routing them based on defined risk levels. Collaborate features four main capabilities: a project workspace with full audit trails, automated intake that assesses risk against playbooks, configurable routing and approvals, and negotiation insights that quantify the cost of different positions. Low-risk agreements can proceed directly to signature, whilst more complex contracts are directed to appropriate reviewers. The platform addresses research showing organisations lose nearly 9% of annual value through poor contract management. Ivo's 2026 survey found two-thirds of legal professionals have experienced business risk from limited contract visibility. Customers include IBM, Meta, and Canva. The company, founded in New Zealand, now offers end-to-end contract intelligence covering intake through signature.
Ivo, an AI contract intelligence platform founded in Auckland and now headquartered in San Francisco, has partnered with New Zealand Football to become the Official Legal AI Partner of the All Whites men's national team. Ivo branding will appear on the team's training kit, whilst New Zealand Football will use the platform to manage all team agreements. The partnership comes as Ivo experiences significant growth, with annual recurring revenue increasing sixfold over the past 12 months. The company has recently opened offices in London and New York. Ivo's clients include Meta, Uber, IBM, Shopify and Mitsubishi Electric. The platform helps organisations accelerate contract workflows and extract business intelligence from contract portfolios.
Ivo, an AI-powered contract intelligence platform, has launched Review 2.0, introducing context-aware contract review capabilities that match the performance of Am Law 25 attorneys. The updated product scored 41% higher in accuracy compared to its previous version. Review 2.0 introduces Benchmarks, which connects each clause with a team's negotiation history, allowing users to compare counterparty positions against executed agreements. The platform now applies playbooks contextually, understanding when positions apply based on jurisdiction and deal specifics. The system uses a multi-agent architecture where separate AI agents evaluate each contract topic, with a superior agent consolidating recommendations. Users can define deal context, which shapes the AI's analysis and risk flagging. Founded in New Zealand and headquartered in San Francisco, Ivo serves enterprise legal and business teams seeking to accelerate contract workflows and reduce risk.
Introducing Review 2.0: contract review that knows what your team has agreed to. Every contract review tool on the market reviews your contract against a static playbook. To do so, every clause is evaluated individually to see whether it aligns with a corresponding playbook position. Playbooks are formulaic and unchanging, and lack nuance and discretion as a result. Today Ivo AI, Inc. is releasing the next generation of Ivo Review. It turns the unnatural style of playbook agreement review on its head; it no longer discretely decides whether a clause matches a particular standard in a vacuum, but instead, applies your playbook across clauses in a logical, coordinated way that mirrors how an experienced attorney actually negotiates. Now Ivo Review can understand not only what your positions are, but how they work together, and discern when a position versus a fallback position makes sense within the context of the agreement. That context matters so much in a negotiation. A liability cap that's standard in a low-risk, short-term vendor agreement might be completely unacceptable in a strategic multi-year partnership. With Review 2.0, you give the context to Ivo, and it will use that to inform its suggestions. It even identifies and surfaces specific language you've previously approved or accepted in similar deals, and provides market-based suggestions. How much did Review 2.0's performance improve? Ivo AI, Inc. wanted to know whether all of these improvements to Ivo Review made a difference in performance, so Ivo AI, Inc. ran an independent benchmarking study to assess the performance. Ivo AI, Inc. gave 19 commercial agreements to an experienced attorney at an Am Law 25 firm, Ivo Review 2.0, and a leading AI model to review, and asked three independent senior lawyers to judge their performance. Review 2.0 significantly outperformed off-the-shelf AI and performed on par with the human lawyer, Ivo AI, Inc. also found that Review 2.0 did better than the others in surgical redlining and judgment. And finally, Review 2.0 vastly exceeded Review 1.0's capabilities, performing 41% better in overall accuracy. For the first time, an AI can exercise legal judgment. This judgment comes from contract benchmarks, your playbooks, and the context of the agreement. To do this, Ivo AI, Inc. built a direct connection between every clause you review and your actual negotiation history. Every time your team runs a review, Ivo allows users to select applicable agreements in your repository to benchmark against. And within that set of agreements, Ivo automatically narrows it further to similar agreements based on factors like contract type, governing law, your role as a party, and the counterparty's industry. This means that for every clause you review, you can see exactly how it compares to what your team has historically agreed to. You know whether a position is standard for your organization or if it deviates and, if so, by how much. This data is grounded in your own executed agreements and your negotiation outcomes. Ivo AI, Inc. also changed the playbook itself. In Review 1.0, every position had to be broken into formulaic checklist items. The AI had no discretion on what to surface or when. If a position was in the playbook, it flagged it, whether or not the context made it relevant. Review 2.0 reads your playbook the way an experienced attorney would. It understands not just what your positions are, but when to apply them, which fallbacks to recommend, and when the deal context means a position simply doesn't apply. Teams managing playbooks across multiple jurisdictions can now work from a single global playbook. Review 2.0 identifies the applicable jurisdiction and applies the right position automatically. You can also generate playbook positions directly from your existing templates and historical agreements in minutes. Finally, Review 2.0 has a capability that no playbook can capture. It understands the context of the deal itself. For example, a liability cap that's standard in a low-risk short-term vendor agreement might be completely unacceptable in a strategic multi-year partnership. Your playbook can't know which situation you're in, and, until now, neither could your AI. With Review 2.0, you define what the deal is before review begins, and that context shapes everything. What to push on and what to accept. The AI isn't just checking your contract against a list of positions. It's applying judgment informed by what this deal actually means to your business. What's happening behind the scenes. Review 2.0 assigns a separate AI agent to evaluate each topic in your agreement. A superior agent sits above them, reconciling conflicts and consolidating their findings. This allows Ivo to reason across your entire agreement holistically, rather than processing it item by item. What you get isn't a wall of overlapping checklist items that still require a lawyer to sort through. You get a clean set of consolidated recommendations, organized by topic, with the reasoning behind each one. The context your team has always had, surfaced when you want it. Every contract your team signs is a decision about risk. And the quality of those decisions depends on the quality of the context behind them. Until now, that context has been fragmented, either scattered across static playbooks, buried in old agreements living in someone's hard drive or even a filing cabinet, or living in people's heads. Review 2.0 changes that. Every review now carries the wisdom of everything your team has ever negotiated, surfaced automatically and applied intelligently at the moment it matters most. It's your playbook, shaped by your precedents, sharpened by deal context, and backed by the kind of judgment your best lawyer brings to every contract.
What makes Ivo a great place to sell? Rebecca Baldwin Last updated March 11, 2026 I recently saw that Ivo is one of the best places to work in the world if you're an account executive. According to RepVue, Ivo AI, Inc. is in the top 5% of sales organizations globally and the #3 sales organizations worldwide for inbound lead flow. I'm not surprised. I've been working as an account executive at Ivo for the past year, and I can honestly say it's one of the best places I've ever worked as a seller. I've been fortunate to work some incredible deals during my time here, and thinking about what's made my time successful, it's due to three factors. Product-market fit. There is a need for its product. What could in-house legal teams accomplish if they weren't stuck, day after day, in the tedium of manual tasks? Ivo AI, Inc. has seen time and again from its customers that when you combine the ingenuity of lawyers plus the information processing ability of AI, fantastic outcomes happen. Lawyers, revenue operations leaders, finance departments, procurement teams all want Ivo's platform; by eliminating the bottleneck for legal, Ivo AI, Inc. unlock business insights for other departments. Access to the product team. One thing I have noticed, when selling to enterprise customers, is that they expect the product to be configured to how they work. At Ivo Ivo AI, Inc. approach this customer need with deep curiosity and a genuine collaborative spirit - something that has not been my experience prior to joining Ivo. Sellers at Ivo have access to the engineering team, product design team, leadership and that means that end users have access to these individuals. Perhaps it is my former life as an attorney, but I feel that one of my main responsibilities as an Enterprise Account Executive is to advocate for my customers' needs. Ivo has embraced my approach, and has created an exceptional environment of cross departmental collaboration. Culture. This factor is hard to define but easy to identify. Part of its brand promise is creating a world-class product, and doing that is incompatible with indifference. People here care about its work, they care about its customers, they care about the problem Ivo AI, Inc. is solving, and Ivo AI, Inc. care about each other. You can see it in everything they do. And when you have an organization that takes such deep care in its work, that makes the practice of selling a thousand times more meaningful. When you're selling an AI product, you're not relying on a traditional software sales playbook. You're selling a partnership based on a shared vision and a promise to evolve together as the technology evolves together. That means that its values and its customers' values align. Ivo has fully returned to the office; the team is in San Francisco five days a week. I don't think I would have been able to fully immerse myself in the Ivo culture so quickly, nor would I have had the access to the Ivo team that I need to close deals if I weren't in the office. It really is true that collaboration is so much easier to achieve face-to-face than over remote tools, and I can often get requests completed in minutes that might take hours if I asked for them in a message. Everything is a tradeoff, but for me, the benefits I experience as a seller by being in the office outweigh the drawbacks. I'm excited to have a front seat to the future of AI technology working with Ivo. If you feel the same, take a look at its current job openings and see if there's something that interests you. Want to see what Ivo can do for you? Schedule a demo today.
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Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Series B
Total Funding
$83.2M
Headquarters
San Francisco, California
Founded
2022
Find jobs on Simplify and start your career today