Ivo is a leading AI-driven contract review platform founded in New Zealand in 2021 and now headquartered in San Francisco. The company specializes in using generative AI to help legal and business teams accelerate contract negotiations by enhancing efficiency, accuracy, and consistency. Ivo’s platform automates contract review by checking agreements against company policies, generating intelligent redline suggestions, creating compromise language, and summarizing key contract points - all integrated seamlessly within Microsoft Word and Google Docs. This automation reduces contract review times by up to 75%, as reported by clients like Geotab and Formlabs.
Ivo caters to a global clientele, including tech companies like Canva, Fonterra, and Eventbrite, providing customizable workflows that align with specific organizational requirements. The platform offers enterprise-grade security, including SOC 2 and GDPR compliance, ensuring the safety of sensitive legal data. With over $22 million raised in funding, including a $16 million Series A round in early 2025, Ivo is rapidly expanding its capabilities and market reach. It aims to transform contract review from a manual bottleneck into a streamlined, data-driven process, enabling legal teams to focus on higher-value work and faster deal closures.

Ivo AI, Inc

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Primarily English-Focused. Limited multilingual capabilities may not fully support global contracts yet.

Subscription Costs. Enterprise-grade pricing may be a barrier for smaller firms.

Limited to Contract-Related Tasks. Focused on contracts; other legal documents or workflows may not be supported.

Customization Effort. Playbooks require time to fully tailor to firm-specific preferences.

Dependence on Cloud or Infrastructure. Cloud-based deployment may raise concerns about data sovereignty or access control.

High Accuracy. AI trained on extensive legal datasets provides accurate clause identification and risk detection.

Audit Trail Tracking. Tracks edits, redlines, and approvals for complete transparency and compliance.

Continuous Learning. AI improves over time based on feedback and user interactions.

Improved Consistency. Standardizes contract reviews across teams, reducing human error.

Enterprise-Grade Security. SOC 2 Type II certification ensures secure handling of sensitive legal and business data.

Customizable Playbooks. Users can create tailored playbooks with preferred clauses, fallback positions, and checklists.

<h3>Introduction</h3><p>Ivo is a leading AI-powered contract review platform designed to transform how legal teams handle contract negotiation and management. Ivo uses advanced generative AI technology, primarily GPT-4, to automate contract analysis, streamline redlining, and produce high-quality, data-backed revision suggestions. It enables legal teams to create customizable playbooks reflecting company policies and standards, ensuring consistent, risk-aware contract reviews. Ivo integrates seamlessly with Microsoft Word and Google Docs, enhancing real-time collaboration and speeding contract workflows. Its intelligent contract repository automatically extracts insights without manual tagging, improving visibility across complex agreement amendments. Clients like Canva and Formlabs report up to 75% faster contract reviews with Ivo. The platform balances deep legal expertise with user-friendly technology, making contract review faster, more accurate, and more strategic for enterprise legal departments and businesses worldwide.</p><h3>Legal Research </h3><p>Ivo AI supports limited but effective legal research by allowing users to query their own document repositories using natural language. Instead of broad legal precedent search, it focuses on internal intelligence - helping teams locate relevant clauses, policies, or historical agreements that match a specific legal issue or jurisdiction. The AI identifies patterns and comparable language across thousands of stored contracts, accelerating issue spotting and reference checking. However, it does not yet provide comprehensive access to case law databases or external jurisprudence, which distinguishes it from research-focused tools like Lexis+ AI or Harvey. For internal precedent-based research, though, Ivo offers fast and accurate retrieval.</p><h3>Contract Analysis</h3><p>Contract analysis is Ivo’s core strength. The platform automatically reviews, redlines, and benchmarks contract clauses against a company’s preferred standards using customizable playbooks. It detects deviations, risk areas, and compliance gaps, suggesting edits or alternative wording. The AI learns from prior negotiations and similar agreements to enhance accuracy over time. Its built-in repository organizes related documents (e.g., master agreements and amendments) to provide a complete view of obligations and risks. Real-time analytics allow legal teams to measure trends such as renewal frequency, liability exposure, and negotiation bottlenecks. Ivo’s consistent accuracy and time savings make it one of the most advanced tools for enterprise-level contract analysis.</p><h3>Document Drafting</h3><p>Ivo AI assists in document drafting by generating or suggesting clause language aligned with company playbooks. It can draft new agreements or modify templates based on negotiation context, contract type, or counterpart preferences. Users can review, accept, or reject suggestions directly within Microsoft Word or Ivo’s web editor, ensuring full human oversight. Drafting recommendations draw from previously approved clauses and patterns from the company’s repository, reducing errors and improving speed. While the AI can produce accurate drafts for common contracts (e.g., NDAs, MSAs, SLAs), complex or bespoke documents still require substantial legal supervision. Ivo’s drafting features strike a good balance between automation and control.</p><h3>Legal Translation</h3><p>Ivo AI provides legal translation capabilities primarily aimed at cross-jurisdictional contract work. Its AI models can translate legal text while preserving meaning, formatting, and clause structure. The system understands legal nuance - such as indemnity, termination, or data protection clauses - better than general translation tools like Google Translate. However, it currently supports a limited set of major languages (English, Spanish, French, Chinese, German) and may struggle with highly localized legal terminology or idioms.</p><h3>Predictive Analytics</h3><p>Ivo’s predictive analytics feature uses historical contract and negotiation data to forecast outcomes such as negotiation duration, approval likelihood, and risk exposure. It identifies clauses most likely to trigger disputes or re-negotiation and recommends pre-emptive revisions. These analytics help legal and business leaders prioritize reviews and anticipate renewal or compliance issues. Although this capability is still developing, it gives valuable insights into operational efficiency and legal risk management. Integration with dashboards allows real-time tracking of contract pipeline health and performance. While not as mature as its contract review engine, the predictive analytics feature signals a strong direction for proactive legal management.</p>

Discover how Ivo AI transforms legal work with smart contract analysis, drafting, and predictive tools that save time, reduce risk, and boost consistency.