Ivo is a software platform that uses generative AI to help organizations reduce the time, effort, and cost of negotiating contracts. Ivo provides AI-native software that reviews and redlines agreements, ensuring consistency against internal playbooks and previously negotiated agreements.
How does Ivo help with contract negotiation?
Ivo's core product is designed to streamline the contract review and negotiation process for businesses. By leveraging generative AI, Ivo automates the review of contracts, highlights inconsistencies, and suggests redlines based on a company's established guidelines and historical agreements. This reduces manual work for legal and procurement teams and helps ensure contracts align with company standards.
Who uses Ivo?
Ivo serves a wide range of organizations looking to improve the efficiency of their legal operations. Notable customers include Canva, Weight Watchers, Pipedrive, Quora, Eventbrite, Wordpress, Fonterra, Mozilla, Formlabs, Geotab, Intel 471, and Accordion. These companies rely on Ivo to automate and standardize their contract negotiation processes.
What makes Ivo different?
Ivo stands out by being generative-AI native, meaning its software is built from the ground up to leverage advanced AI for contract analysis. This enables faster, more consistent contract reviews compared to traditional manual processes or legacy contract management systems.
Where is Ivo based and how big is the company?
Ivo is a privately held company headquartered in San Francisco, United States, with a team size of 11-50 employees. The company operates within the software development industry.
Who founded Ivo?
Ivo was co-founded by Min-Kyu Jung, who serves as CEO. Min-Kyu has shared insights on AI applications for legal teams at industry events, including the Global Legal ConfEx 2025 in Singapore. You can learn more about Ivo's team and mission on their About page.
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