Ivo, founded in 2021 by Min-Kyu Jung and Jacob Duligall under the name Latch before rebranding to Ivo in April 2024, builds AI contract review software for in-house legal teams, redlining agreements against a company's own approved playbooks and precedents rather than generic legal-drafting norms.
That playbook-driven approach is aimed at Fortune 500 legal departments dealing with high contract volume: Ivo Review works directly inside Microsoft Word, applying a team's specific negotiating positions consistently across every contract instead of relying on each individual reviewer's judgment, with the company reporting review-time reductions of up to 75% for teams that adopt it.
Ivo prices at $6,000 per user per year, with the fee covering playbook creation, onboarding, and ongoing support from Ivo's team, and volume discounts available for teams of 10 or more users. For an in-house legal team that wants contract redlines to consistently reflect its own playbook rather than a generic AI's guess at market standard, Ivo's playbook-driven review addresses that directly.







