Fundz

Ivo raises $55 million in Series B funding led by Blackbird to advance product development and scale its AI-powered contract intelligence platform.

PRIVATEJan 21, 2026

Amount Raised

$55 Million

Round Type

Series B

San FranciscoSoftwareLegalLegal Tech

Investors

Fika VenturesUncork CapitalCostanoa VenturesGd1Icehouse VenturesBlackbird

Description

Ivo, an AI-powered contract intelligence platform based in San Francisco, has raised $55 million in Series B funding. The round was led by Blackbird, with participation from several venture capital firms. The funds will be used to enhance product development and expand adoption among enterprise customers. Founded in New Zealand, Ivo aims to transform contracts into strategic assets for businesses.

Quick answer

Ivo raised $55 Million in a Series B round, dated January 21, 2026. Investors: Fika Ventures, Uncork Capital, Costanoa Ventures, Gd1, Icehouse Ventures and Blackbird. Ivo is based in San Francisco, California, United States.

How much did Ivo raise?
Ivo raised $55 Million in a Series B round on January 21, 2026.
Who invested in Ivo?
Fika Ventures, Uncork Capital, Costanoa Ventures, Gd1, Icehouse Ventures and Blackbird are named as investors in this round.
What does Ivo do?
Ivo helps organizations reduce the time, effort, and cost of negotiating contracts.
Where is Ivo based and how big is it?
Ivo is based in San Francisco, California, United States. Fundz records about 80 employees.
Who are the decision-makers at Ivo?
Fundz holds 1 contact at Ivo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Legal and Legal Tech around the same time

Companies in the same sectors as Ivo that raised within 45 days of this round, from Fundz verified event records.

  • Intelligent Legal Solutions (ILS) raised $3.8M (Seed) on March 6, 2026.
  • DeepIP raised $25M (Series B) on March 3, 2026.
  • Skribe.ai raised $5.5M (Seed) on March 3, 2026.
  • Rasa Legal raised $8.9M on February 27, 2026.
  • Inhouse raised $5M (Seed) on February 25, 2026.
  • Parachute raised $1.3M (Pre-Seed) on February 17, 2026.

Who to call at Ivo, and when

A new round usually means Ivo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ivo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ivo, from your own LinkedIn network

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Company Information

Company

Ivo

Location

San Francisco, California, United States

About

Ivo helps organizations reduce the time, effort, and cost of negotiating contracts. Our Generative-AI native software reviews and redlines agreements for consistency against playbooks and historically negotiated agreements.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Ivo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ivo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.