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Market Tracked raises in 2026$3.41B+$183M this week Rounds76 LatestBlue J$176M Series E Wednesday, November 11

Blackletter

Fixed-fee law firm pairing lawyers with its own AI software.

Ivo

Ivo is AI contract review and redlining software for in-house legal teams.

Blackletter vs Ivo

At a Glance

DetailBlackletterIvo
CategoryGenAI & DraftingGenAI & Drafting
Total raised$6M$75.8M
Rounds tracked13
Latest roundSeed, $6M · Nov 2026Series B, $55M · Jan 2026
Last valuationNot disclosedNot disclosed
Lead investorsLerer HippeauBlackbird Ventures, Costanoa Ventures, Fika Ventures, Uncork Capital
Built forNot disclosedIn-house teams
HeadquartersUnited StatesUS

Funding, Side by Side

Blackletter$6M
Ivo$75.8M
Blackletter rounds
  1. Nov 2026Seed$6M
Ivo rounds
  1. Jan 2026Series B$55M
  2. Feb 2025Series A$16M
  3. Apr 2024Seed$4.8M

Our Take

We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.

Quick Answers

Which has raised more, Blackletter or Ivo?
Ivo has raised $75.8M in disclosed funding, compared with $6M for Blackletter.
Do Blackletter and Ivo share investors?
No. None of the investors we track have backed both companies.
What is Blackletter best for?
Fixed-fee law firm pairing lawyers with its own AI software.
What is Ivo best for?
Ivo is AI contract review and redlining software for in-house legal teams.

Source: Legal Tech Circle funding data, from public announcements. Updated November 11, 2026.