Ivo raises $55M to transform contracts into a trusted source of intelligence for every businessThe Series B funding round comes after a year of substantial growth in product performance, customer adoption, and market traction to accelerate its mission of making contract intelligence available to every business.
Ivo breakthrough AI turns mountains of legal contracts into actionable business intelligencePowered by Ivo’s proprietary AI Repository Engine, Ivo’s AI-native Repository and Assistant tools allow for complete visibility into organization-wide contracts with plain language queries — something no CLM has ever delivered.
Ivo raises $16M Series A to deliver reliable AI contract review at scale, as it launches Ivo Search AgentAI-powered legal assistant cuts contract review time by 75%, as demand surges for intelligent automation in corporate legal departments.
Ivo, a Generative AI Legal Contracting Solution, Raises $4.8M to Accelerate Expansion of Existing Platform
Today, Ivo (formerly Latch), a generative AI-powered contract review solution, announced $4.8M in funding to further enable legal teams to improve efficiency and accuracy, ensure consistent negotiating positions and deliver faster business value. To signify the next stage of the company’s development, the company is now relaunched under the name Ivo, inspired by Ivo of Kermartin, the patron saint of lawyers. Current Ivo customers include Automattic (WordPress and Tumblr), Carparts.com, Pipe, SCAN Health, Commure, and others.
