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Market Tracked raises in 2026$3.41B+$183M this week Rounds77 LatestBlue J$176M Series E Wednesday, November 11

Ivo

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

Mekanone AI

Mekanone AI is an AI legal assistant built around Georgian law and operated by Mekanone LLC. The platform provides natural-language legal answers in Georgian, explains criminal, administrative, civil, constitutional, and other legal areas, and returns article and clause references from official Georgian legislation.

Ivo vs Mekanone AI

At a Glance

DetailIvoMekanone AI
CategoryGenAI & DraftingGenAI & Drafting
Total raised$75.8MNot disclosed
Rounds tracked3Not disclosed
Latest roundSeries B, $55M · Jan 2026Not disclosed
Last valuationNot disclosedNot disclosed
Lead investorsBlackbird Ventures, Costanoa Ventures, Fika Ventures, Uncork CapitalNot disclosed
Built forIn-house teamsNot disclosed
HeadquartersUSNot disclosed

Funding, Side by Side

Ivo$75.8M
Mekanone AIUndisclosed
Ivo rounds
  1. Jan 2026Series B$55M
  2. Feb 2025Series A$16M
  3. Apr 2024Seed$4.8M
Mekanone AI rounds

No public rounds tracked yet.

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, Ivo or Mekanone AI?
Ivo has raised $75.8M in disclosed funding, compared with no disclosed amount for Mekanone AI.
What is Ivo best for?
Ivo is AI contract review and redlining software for in-house legal teams.
What is Mekanone AI best for?
Mekanone AI is an AI legal assistant built around Georgian law and operated by Mekanone LLC. The platform provides natural-language legal answers in Georgian, explains criminal, administrative, civil, constitutional, and other legal areas, and returns article and clause references from official Georgian legislation.

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