Investment Notes: Ivo Series B
Blackbird's post explains why it led Ivo's US$55 million Series B with five co-investors, citing the legal-AI company's product expansion, customer growth, and adoption by major corporates.
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Venture capital fund · 1 deal
Every published round Costanoa Venture took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Ivo | Series B | Jan 2026 | $55m | Participant | SmartCompany, Blackbird Ventures, Blackbird Ventures portfolio |
Companies Costanoa Venture has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Ivo | Jan 2026, Series B | 1 | 0 |
Fund closes reported for Costanoa Venture, as distinct from the investments it has made.
Companies Costanoa Venture has backed that another company then bought. An exit for the holding, not a deal Costanoa Venture did.
Stories naming Costanoa Venture. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Blackbird's post explains why it led Ivo's US$55 million Series B with five co-investors, citing the legal-AI company's product expansion, customer growth, and adoption by major corporates.
Also SmartCompany
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