Virtual Machine News Platform
By Tess Bennett
Publication Date: 2026-01-20 13:01:00
Blackbird is leading a major fundraising effort for New Zealand artificial intelligence startup Ivo, a specialized service used by lawyers to review contracts and legal documents that is now valued at $530 million.
Founded by former corporate lawyer Min-Kyu Jung and former Xero engineer Jacob Duligall, Ivo has raised around $55 million just three years after launching its AI technology for in-house legal teams.
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