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AI Legal Startup Ivo Raises 55 Million Dollars in Series B Funding

AI legal services startup Ivo raised 55 million dollars in Series B funding today to expand its automated contract review platform for major enterprises.

Insights:
AI legal services startup Ivo announced the completion of a $55 million Series B funding round on January 20, 2026. The investment was led by existing investor Blackbird and included participation from new investors Costanoa Ventures, Uncork Capital, Fika Ventures, GD1, and Icehouse Ventures. This latest capital injection values the San Francisco-based company at approximately $355 million as it seeks to scale its automated legal document processing capabilities.
AI letters and a robot hand are placed on a computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
AI letters and a robot hand are placed on a computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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