# Ivo AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ivo-ai

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.ivo.ai/
- Total disclosed funding: $77M
- Latest round: Series B (Jan 20, 2026)
- Investors on record: 8

## About

Based in California, US, and founded in 2021 by co-founders Min-Kyu Jung (CEO) and Jacob Duligall (CTO), Accord Software, Inc., doing business as Ivo, formerly known as Latch, operates as a provider of AI contract review software that enables legal and business teams to review contracts efficiently.  In January 2026, Ivo AI, Inc. raised USD 55 million in series B funding led by Blackbird, with participation from Costanoa Ventures, Fika Ventures, GD1, Uncork Capital, and Icehouse Ventures.The company generates revenue through subscription-based SaaS licensing for AI-powered contract review, intelligence, and analytics.

The company offers an AI-powered contract review platform to help organizations improve operational efficiency and negotiate contract positions. The platform offers features such as automated document review and redlining, checklist review, automatic explanation and correction suggestions, AI-generated comment bubbles, customizable legal frameworks, one-click issue list generation, support for contracts of all types, including Microsoft Word, Google Docs, and PDFs, summarization tools, simplified document modification and querying, customizable contract review, and accelerated time to implementation. Additionally, the firm offers agnostic integration into existing contract lifecycle management (CLM) platforms. 

The company plans to utilize the January 2026 funding for product development, scaling, and expansion across organizations relying on the contract intelligence platform.

## Funding rounds

- Series B, Jan 20, 2026, $55M — Uncork Capital, Costanoa Ventures, Blackbird, Fika Ventures, Icehouse Ventures, GD1
- Series A, Feb 5, 2025, $16M — Uncork Capital, Costanoa Ventures, Blackbird, Fika Ventures, GD1, Phase One Ventures, NFDG Ventures
- Seed, Dec 22, 2023, $6M — Uncork Capital, Fika Ventures, GD1, Phase One Ventures

## Investors

- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Seed, Series A, Series B
- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Seed, Series A, Series B
- GD1 (https://capitalatlas.ai/funds/gd1) — Seed, Series A, Series B
- Phase One Ventures (https://capitalatlas.ai/funds/phase-one-ventures) — Seed, Series A
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A, Series B
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Series A, Series B
- NFDG Ventures (https://capitalatlas.ai/funds/nfdg-ventures) — Series A
- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Series B