Ivo

Ivo (ivo.ai) is a company that offers AI-powered contract review software designed primarily for legal teams and organizations. Their main product uses generative AI to automate the review and redlining of legal contracts, helping users streamline workflows, reduce costs, and boost compliance. The AI product can review agreements for consistency against playbooks and previously negotiated contracts, identify risks, and improve efficiency and accuracy in contract negotiations. The target audience is in-house legal teams and organizations seeking to accelerate and improve their contract review processes.

Ivo.ai is an AI-powered contract review software designed for legal teams. Its main features and functions include: - Automated contract review and redlining, providing fast and accurate analysis of legal documents. - Customizable playbooks to streamline and standardize contract review processes. - AI engine (AiRE) that extracts, links, and clusters contract data automatically. - Repository feature that organizes contracts and builds relationship trees of related documents. - Time efficiency, saving significant time per contract review and increasing overall productivity. - Instant visibility into key risks and the ability to modify contract language. - Enhanced compliance and risk reduction through AI-driven insights.

ivo.ai primarily supports the practice area of contract review and negotiation, which is most relevant to Corporate / M&A, commercial transactions, and general contract management. It is not specifically tailored for litigation, IP, employment, real estate, or other specialized legal fields, but rather focuses on accelerating and improving the efficiency of contract workflows for legal and business teams. Key features and functions of ivo.ai: - AI-powered contract review and redlining directly in Microsoft Word. - Customizable playbooks for clause libraries, preferred/fallback positions, and default comments. - Automated risk and non-market provision flagging (benchmarks). - Support for both first-party and third-party agreement review. - AI-native contract repository that extracts insights automatically, recognizes relationships, and consolidates amendments. - AI-driven columns and views for insights like renewals, risk, obligations, and revenue analysis. - Context-aware legal assistant for real-time collaboration, redlining, and Q&A grounded in your contracts. - Integrated legal research from over 100 sources, with multi-jurisdiction support and citation validation. - Enterprise-grade security (SOC 2 Type II, ISO27001, GDPR, CCPA compliance). - Fast onboarding and implementation, with no need for complex tagging or setup.

ivo.ai is covered under the following security and compliance standards: - SOC 2 Type II (achieved October 2025) - ISO 27001 (achieved October 2025) - GDPR compliant - CCPA compliant There is no mention of HIPAA compliance on their Trust Center or compliance documentation.

ivo.ai explicitly states the following about data handling: - Data Retention: Personal information is retained only as long as necessary for business or operational purposes, legal compliance, dispute resolution, fraud prevention, and enforcement of rights. For example, contract content submitted as negative feedback is retained for 14 days before automatic deletion or de-identification, unless required by law to retain it longer. - Client Data Not Used for Training: The privacy policy does not explicitly state that client data is not used for training AI models. It does mention that information is used to improve services, but does not clarify if this includes model training. - On-Prem Deployment / Private Cloud: The privacy policy does not mention on-premises deployment or private cloud options. - Customer-Managed Encryption Keys: There is no explicit mention of customer-managed encryption keys. - Security: Ivo uses organizational, technical, and administrative measures to protect personal information, and provides more details about security and privacy at their trust center (trust.ivo.ai). For more details, see the ivo.ai Privacy Policy.