Founded in 2021 by Min-Kyu Jung and Jacob Duligall, Ivo transforms how in-house legal teams review and manage contracts. Min-Kyu left law firm Bell Gully in Auckland, and Jacob left Xero in Wellington to solve a problem Min-Kyu experienced firsthand—legal teams spending too much time on manual contract reviews.

The San Francisco-based Contract Intelligence platform goes beyond generic AI by accessing a company's existing data to understand its priorities, risk profile, and negotiating positions, with customers reporting up to 75% time savings.

Since their US$16 million Series A in February 2025, Ivo has grown annual recurring revenue by 500% and expanded Fortune 500 adoption by 250%. Customers include Uber, Shopify, Atlassian, Reddit, Canva, IBM, Fonterra, Pinterest, and WordPress.

In January 2026, Ivo closed a US$55 million Series B at a US$355 million valuation.