Ivo’s latest capital raise puts the Kiwi-founded, San Francisco-based contract Big Law AI company firmly in the top tier of legaltech, with a US$55 million Series B at around a US$355 million valuation and a cap table now packed with marquee US and Australasian funds.
Ivo, co-founded by former New Zealand lawyer (Bell Gully) Min-Kyu Jung (pictured) has closed a US$55 million Series B to accelerate product development and sales, taking total funding well past the US$70 million mark once prior rounds are included.
This follows the $16 million raised a year ago, which we reported here.
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