Ivo
In-house contract review inside Word — formerly Latch
Overview
Latch is the former name of Ivo, an AI contract-review add-in for Microsoft Word that checks agreements against a team's playbook and generates issue lists instead of freeform redlines. Built for in-house legal teams reviewing third-party paper.
Pricing
Pricing shown for reference only. These figures reflect RECATOOLS research as of 27 Sep 2026 and may be out of date or incomplete. This is not financial or purchasing advice — always confirm the current price on the provider’s official website before making any decision.
Use cases
What you can produce with Ivo
- Microsoft Word add-in for in-line contract review
- Playbook-based clause checking against firm-specific rules
- AI-generated issue lists with suggested language (not raw auto-redlines)
- Plain-language Q&A on uploaded agreements
- AI-generated summaries of contract terms
Ivo (what this directory still lists as Latch) reviews contracts inside Word itself rather than a separate portal: it checks incoming paper against rules an internal attorney team helped build, then hands back an issue list and suggested edits rather than a wall of tracked changes. That checklist-first approach is a deliberate choice — it's built to be predictable and auditable rather than to auto-redline everything, which in-house teams tend to trust more than a fully automated pass.
Pricing is opaque; Ivo doesn't publish rates, and third-party reporting puts real-world cost around $500/seat/month with a mandatory demo before any trial. That puts it firmly in enterprise/mid-market procurement territory, not a self-serve tool a solo GC can just sign up for. It also competes directly with Spellbook, Robin AI and Harvey, all chasing the same in-house legal workflow. Worth shortlisting if you're already in a Word-centric review process; not built for jurisdictions or workflows outside that.
What we found
Latch rebranded to Ivo in April 2024, alongside a $4.8M round led by Uncork Capital and Fika Ventures that took total funding to $6.2M, and the company's own site now lists Latch only as a former name. The new name is for Ivo of Kermartin, the patron saint of lawyers.
On G2, Ivo carries a strong rating (reviewers cite it around 4.9/5), with recurring praise for a clean interface, useful AI-generated contract summaries, and an onboarding curve reviewers describe as minimal compared to other legal AI tools. Support responsiveness and the pace of product updates come up repeatedly as a strength, which is notable in a category where "the vendor went quiet after the sale" is a common complaint. Reviewers who mention switching from a competitor tend to cite trust in the output over raw feature count as the deciding factor.
Functionally, the product's differentiator is that it stays inside Word rather than pulling reviewers into a separate portal: clauses get checked against a playbook of predefined rules built by Ivo's internal attorney team, and results come back as an issue list with suggested language rather than an inline redline the way some competitors work. Reviewers who've used both models tend to say the issue-list format is easier to trust because it's traceable to a specific rule, rather than a black-box AI edit dropped straight into the document. Dynamic checklists and one-click issue-list generation get called out specifically as time-savers for high-volume, repetitive third-party paper.
The friction point isn't the product — it's getting to it. Pricing isn't published anywhere; the going estimate from user reports is roughly $500 per seat per month (about $6,000/seat/year), and prospective buyers have to sit through a sales demo before they can even trial it. For a mid-market or enterprise legal team already comparing Harvey, Spellbook and Robin AI on similar terms, that's a normal sales motion. For anyone hoping to self-serve on a smaller budget, it's a hard stop before they even see the product.
Compiled by RECATOOLS from public sources: vendor documentation and pricing, code repositories and published reporting.
About this listing
This entry was compiled from publicly available data including Ivo's official website, press releases, documentation, and reputable third-party publications. RECATOOLS is not affiliated with Ivo unless explicitly stated.
Third-party AI tools update their pricing, features, availability, and policies frequently. Information here may be outdated by the time you read this — we make reasonable efforts to keep listings current, but cannot guarantee absolute accuracy.
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