Ivo expands to London and New York as revenue grows 6x and Fortune 500 adoption surges

The AI-powered contract intelligence platform sees rapid growth as enterprises seek faster, more reliable ways to review and extract insights from agreements.

Published on Mar. 5, 2026

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Ivo, the market-leading AI-powered contract intelligence platform, has announced the opening of new offices in London and New York as it accelerates its global expansion. In the last 12 months, the company has seen a 600% increase in annual recurring revenue, a 134% increase in its total customer base, and a 250% increase in adoption within the Fortune 500. Ivo's expansion reflects the company's commitment to serving global enterprises that operate across jurisdictions, languages, and regulatory environments.

Why it matters

Ivo's rapid growth highlights the increasing demand for AI-powered contract intelligence solutions as enterprises look to unlock insights from their agreements more efficiently. The new offices in London and New York will help Ivo better support its global customer base and accelerate product updates for better localization.

The details

Ivo enables in-house legal teams to review contracts 75% faster and surface answers to business-critical questions in minutes rather than months. The platform is now embedded within the workflows of leading global enterprises like Uber, CDW, and others. Ivo's focus is to give in-house contracting teams unprecedented visibility into their agreements, positioning the company as the solution enterprises rely on to treat contracts as operational infrastructure.

  • In the last 12 months, Ivo has increased annual recurring revenue by 600 percent.
  • In the last 12 months, Ivo has increased its total customer base by 134 percent.
  • In the last 12 months, Ivo has expanded adoption within the Fortune 500 by 250 percent.

The players

Ivo

An enterprise-grade AI-powered contract intelligence platform that enables legal and business teams to move faster, reduce risk, and unlock revenue by transforming contracts into streamlined, insight-driven workflows.

Jacob Duligall

Co-founder of Ivo.

Min-Kyu Jung

CEO and co-founder of Ivo.

Kate Gardner

Senior Manager, Contract Operations at Uber.

Carla Michel

Director, Senior Counsel at CDW.

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What they’re saying

“It's been an incredible past 12 months at Ivo, all testament to the robust team and platform we've built to serve in-house legal teams. We are committed to being where customers are and building a team that will help them succeed.”

— Min-Kyu Jung, CEO and co-founder of Ivo (businessinsider.com)

“Uber selected Ivo because it was intuitive to use, demonstrated a high level of accuracy, could work in multiple languages, and met its confidentiality requirements. Furthermore, the Ivo team was highly responsive to Uber's needs.”

— Kate Gardner, Senior Manager, Contract Operations at Uber (businessinsider.com)

“Ivo has been a fantastic partner to CDW. The Contract Review tool has transformed the way we review contracts, making us far more efficient as a legal team. Ivo's Intelligence product has the potential to make a powerful impact on our entire business by providing key insights surfaced from our contract database. Everything about our experience with Ivo has been phenomenal; their customer service is the best I've ever seen.”

— Carla Michel, Director, Senior Counsel at CDW (businessinsider.com)

What’s next

Ivo plans to triple its headcount to 180 employees as it accelerates its global expansion with the new offices in London and New York.

The takeaway

Ivo's rapid growth and expansion into new global markets underscores the increasing demand for AI-powered contract intelligence solutions that can help enterprises unlock insights from their agreements more efficiently and effectively.