Ivo raises $55M to scale legal AI contract intelligence platform

Legal AI startup Ivo announced a $55 million Series B round on January 20, 2026, led by existing investor Blackbird and joined by Costanoa, Uncork, Fika, GD1 and Icehouse Ventures. The San Francisco‑headquartered company says ARR has grown 500% since its last round and its contract‑review tools are now used by customers including Uber, Shopify, Atlassian, Reddit and Canva. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/01/20/3221758/0/en/Ivo-raises-55M-to-transform-contracts-into-a-trusted-source-of-intelligence-for-every-business.html))