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Luminance
Luminance is a leading artificial intelligence company focused on legal technology. Founded in September 2015 by experts from the University of Cambridge, Luminance aims to streamline the contract management process through its proprietary Legal-Grade™ AI platform. The company is headquartered in London, with major offices in cities like Cambridge, Chicago, New York, and Singapore. Luminance serves over 1,000 large enterprises and 700+ organizations across more than 70 countries. The core offering of Luminance is its AI platform, which automates various aspects of contract management. This includes contract automation and drafting, risk analysis, due diligence, and eDiscovery. The platform utilizes advanced machine learning techniques, such as natural language processing and deep neural networks, to enhance the efficiency of legal document review. Luminance has established partnerships with major law firms and consultancy firms, including all of the Big Four, and collaborates with multinational corporations to improve their legal workflows.
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$30M