Ivo

Ivo is a privately owned company headquartered in the US. The company, which employs approximately 70 individuals, reported $7.6M in revenue as of 2023. It specializes in generative AI, offering a legal technology platform for contract review and redlining for in-house legal, procurement, and sales teams. The service operates as a Microsoft Word add-in and supports Google Docs and PDFs, allowing users to review and edit agreements directly within their existing workflows. Its generative AI is designed to automatically analyze contracts, verify them against company-specific legal playbooks, and suggest redlines and comments that emulate the work of an experienced lawyer. In addition to its redlining tool, the company offers a contract repository and an AI Assistant that allow teams to query their entire contract portfolio using natural language to extract insights, flag high-risk provisions, and ensure negotiating consistency.