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Ivo Reviews & Product Details

Ivo Overview

What is Ivo?

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. Headquartered in San Francisco, Ivo, formerly known as Latch, is supported by investors including Uncork Capital, Fika Ventures, Daniel Gross, GD1, and Phase One Ventures. Discover the future of AI-powered contract review and request a demo at ivo.ai.

Ivo Details
Product Website
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Ivo Community
Languages Supported
English
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Product Description

Ivo is the AI-powered contract review and redlining solution designed for legal teams that need speed, accuracy, and efficiency in contract negotiations. Built by legal practitioners, Ivo leverages advanced generative AI to streamline contract workflows, reduce review time, and ensure compliance with internal playbooks.

How do you position yourself against your competitors?

Ivo has the most accurate, surgical redlines in the market. Ivo chains together 400+ model calls for each review, and uses its own proprietary data structure to ensure contracts are being processed accurately.

We understand that lawyers care about AI outputs, down to details like redlines being consistent with the counterparty's nomenclature, and ensuring that each contract analysis considers the totality of the agreement rather than one specific provision.

That's why 80% of all legal teams who try multiple AI Contract Review solutions through a competitive evaluation process prefer Ivo's redlines.


Seller Details
Seller
Ivo
Company Website
Year Founded
2022
HQ Location
San Francisco, CA
Twitter
@heyivoai
89 Twitter followers
LinkedIn® Page
www.linkedin.com
24 employees on LinkedIn®
Description

Ivo is a technology vendor specializing in artificial intelligence solutions, particularly in the realm of customer engagement and support. Their platform leverages advanced AI algorithms to enhance communication, automate processes, and improve user experiences across various industries. For more information, visit their website at [ivo.ai](https://www.ivo.ai/).


Angela L.
AL
Overview Provided by:
Demand Generation | Marketing Strategy | Digital Marketing | Account Based Marketing

Recent Ivo Reviews

Rohit T.
RT
Rohit T.Enterprise (> 1000 emp.)
5.0 out of 5
"The product just keeps getting better"
Word plug in is what sets this app apart, along with playbook integration and AI document review. The team behind Ivo are also excellent, giving co...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Early adopter and impressed"
Easy to use - very intuitive and reliable
EJ
Erica J.Mid-Market (51-1000 emp.)
4.5 out of 5
"Ivo simplifies and speeds up basic contract review"
Ivo's ability to quickly analyze, review, and suggest edits on contracts has significantly sped up our contract review process. Ivo's interface is ...
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0 people requested security information

Ivo Media

Ivo Demo - Efficient Review with Ivo Checklists
Use Ivo Checklist to review agreements against your requirements and insert accurate AI-generated redline and comments directly into your Microsoft Word document.
Ivo Demo - Customized to Your Unique Company Needs
Ivo adapts to your company's unique legal language and guidelines to deliver customized reviews.
Ivo Demo - Surface Issues in Your Legal Documents
Identify issues with your agreement: generate issues lists, create summaries, and spot unused defined terms.
Ivo Demo - Microsoft Word, Google Docs and PDF Support
Ivo lives inside your Microsoft Word environment as an add-in, with additional support for Google Docs and PDF documents.
Gen AI for Legal Teams: How Quora Uses Ivo
Play Ivo Video
Gen AI for Legal Teams: How Quora Uses Ivo

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9 Ivo Reviews

4.9 out of 5
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9 Ivo Reviews
4.9 out of 5
9 Ivo Reviews
4.9 out of 5

Ivo Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
EJ
Assistant General Counsel
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Ivo's ability to quickly analyze, review, and suggest edits on contracts has significantly sped up our contract review process. Ivo's interface is intuitive and easy to use, requiring minimal training to implement. And Ivo's customer service is really best-in-class for any software product that I have purchased. Overall, Ivo has proven to be a great asset for my team, and I would highly recommend it to anyone looking to streamline their contract review process. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

Like all AI tools, Ivo occassionally has hallucinations. These have improved as Ivo has continued to refine its software and with the updates to GPT-4. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Ivo helps us with the first review of a bunch of different contracts, including NDAs, DPAs, and sales agreements. The software has both decreased our overall review time and assisted in risk-management by ensuring that certain clauses are reviewed in every single contract. Review collected by and hosted on G2.com.

Stephen S.
SS
General Counsel
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Ivo?

Ivo continues to develop and routinely rolls out new, innovative features to simplify the contract review process. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

With the ever evolving platform, sometimes it almost moves too quickly where I struggle to keep up and lean all of the exciting new features. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

As a one man legal team, I don't have the time to waste in some of the grunt work that goes along with reviewing contracts. Ivo simplifies that process, streamlines the redline process, and suggests things that I may have thought of on my own. Review collected by and hosted on G2.com.

Adrie C.
AC
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Ivo is easy to self-configure, end-user friendly/intuitive, and reduces our review time of counterparty paper to a few mintues. The Ivo team is great to work with as well, they're always looking for product feedback to support continuous improvement! Review collected by and hosted on G2.com.

What do you dislike about Ivo?

The team at Ivo is frequently making updates to their product to address any user feedback myself and other customers provided to continue to improve the tool. Overall, I have a very positive view on Ivo as a contract AI review tool. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Ivo helps us cut down review time of third-party paper contracts, allowing our legal team to focus on higher risk matters to better support the business. Review collected by and hosted on G2.com.

Jackie C.
JC
Sr. Corporate Counsel
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Ivo helps us summarize and communicate risks to our business teams in a simple, understandable manner. Even just this summary function has saved our team significant time, especially when it comes to reviewing T&Cs directly from websites that you don't have the flexibility to negotiate. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

Not necessarily a downside, but it takes some time to set up playbooks. However, once you implement, this becomes a very helpful feature. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Summarizing business risks for our business teams Review collected by and hosted on G2.com.

Rohit T.
RT
Staff Attorney
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Word plug in is what sets this app apart, along with playbook integration and AI document review. The team behind Ivo are also excellent, giving continuous updates and adding features. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

It's still a product in development but Ivo does a great job at quickly resolving bugs and other issues. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Quick review of documents, modifying documents using prompts, playbook review. Review collected by and hosted on G2.com.

Darryl “D" S.
DS
Founder, Attorney & Counselor-at-Law
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Ivo is one of the most sophisticated AI redlining tools available on the market today in my experience. It is fast and accurate. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

They are developing the capability to review docs without a playbook in place, which will be a better, faster way to use the product. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

review and redlining document Review collected by and hosted on G2.com.

Verified User in Security and Investigations
US
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Ivo is an incredibly helpful AI tool that facilitates the contract review and editing process. I find it particularly helpful to use in knocking out playbook-type provisions. Review collected by and hosted on G2.com.

What do you dislike about Ivo?

AI is an evolving technology. The service doesn't always get things right and quality often depends on user input, but it is improving with every iteration and continuing use. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Ivo helps with playbook management, and in contract review. Review collected by and hosted on G2.com.

Matthew O.
MO
Attorney/Owner
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

It's AI suggestions and suggested revisions to contracts Review collected by and hosted on G2.com.

What do you dislike about Ivo?

Not too much bad to say about Ivo, its a great platform. Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Contract review and contract drafting Review collected by and hosted on G2.com.

Verified User in Manufacturing
UM
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Ivo?

Easy to use - very intuitive and reliable Review collected by and hosted on G2.com.

What do you dislike about Ivo?

Same as other current products - just make sure to review the work Review collected by and hosted on G2.com.

What problems is Ivo solving and how is that benefiting you?

Speed of results are greatly accelerated Review collected by and hosted on G2.com.