Luminance Analysis: $85M Raised
What is Luminance?
Luminance specializes in Legal-Grade AI technology that enhances contract management processes. Their unique approach combines a mixture of expert models to ensure legal-grade accuracy in contract generation, negotiation, and analysis. This technology transforms how organizations interact with contracts, improving efficiency and reducing risks.
Employees
201-500
Founded
2015
Industry
SaaS, Legaltech, AI/ML
Product Features & Capabilities
- AI-powered contract negotiation tools
- Intelligent contract repository for key information extraction
- Legal-Grade chatbot for document Q&A
- Automated contract drafting and compliance checks
- Business-wide automation for non-legal teams.
Use Cases
Automate contract generation and negotiation processes; Analyze contract risks and compliance in real-time; Enable non-legal teams to draft compliant contracts; Streamline contract review and approval workflows; Enhance visibility into contract obligations and deadlines.
How much Luminance raised
Series C (Late Stage Venture) - $75 million
February 18, 2025Lead Investor: Point72 Private Investments, Forestay Capital, RPS Ventures, Schroders Capital, March Capital, National Grid Partners, Slaughter and May
Series A - $10 million
November 29, 2017Lead Investor: Talis Capital, Invoke Capital, Slaughter and May
Other Considerations
Trusted by over 700 organizations globally; Developed by AI experts from the University of Cambridge; ISO 27001 certified for security standards.
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