Ivo

Ivo has the following features: 

Automated document review and redlining

• Checklist Review - Automatically verifies if documents meet specific requirements, ensuring compliance with internal playbooks.
• Automatic Explanation & Correction Suggestions - Provides clear explanations for any unmet requirements and suggests redline revisions in line with company policy.
• ai generated comment bubbles - Automatically generate Microsoft Word comment bubbles justifying redline changes to the counterparty.

Manage internal communications with one-click Issues List generation

• Configurable Issues List - Issues Lists will summarize the key issues based on your standard positions, adding additional detail with clause references, risk ratings, explanations, and more.
• DOCX format - Issues lists are generated in tabular Microsoft Word format for easy updating and sharing.

Support for contracts of all types

• Direct integrations into Microsoft Word and Google Docs.
• PDF support through our Web Application.

Setup company specific requirements, clauses and playbooks

• Configure clause libraries with your standard and fallback positions.
• Customize checklists based on your key requirements.

Comprehensive summarization tools for enhanced document insight

• Versatile Summary Creation - Generate a general overview, key risks for the customer, essential business terms, or a summary of changes with ease.
• Focused Insights - Quickly obtain targeted summaries that highlight the most critical aspects relevant to stakeholders' interests.
• Efficiency in Review Process - Streamline the review process by providing concise, informative summaries that facilitate faster decision-making.

Simplified document modification and querying

• Intuitive Modification Commands - Direct Ivo to alter the document using straightforward instructions, making edits quick and easy.
• Ask Open-Ended Questions - Ask open-ended questions about your document and get quick responses with source references.
• Dynamic Word Comments - Automatically insert Word comments as redlines to explain and justify any changes to the document's language.

Ivo launched in New Zealand in 2021 by former lawyer and CEO Min-Kyu Jung and CTO Jacob Duligall. The orginal name was Accord, which then transitioned to Latch. Latch became Ivo and their HQ was moved to the United States.

Funding Information:
Ivo has raised a total of $22.2M in funding over 3 rounds. In February 2025, Ivo announced a $16 million Series A funding round to scale its AI-powered contract review solution. The funding was led by venture capital firm Costanoa Ventures, with participation from Uncork Capital, NFDG, Fika Ventures, GD1, Phase One Ventures, and Blackbird VC. Previously, $4.8M was raised in April 2024 from a Seed round from Daniel Gross, Fika Ventures, GD1, Phase One Ventures, and Uncork Captial.