Luminance logo — Legal-Grade™ AI

Luminance

Legal-Grade™ AI

Founded 2015 United Kingdom Cambridge, United Kingdom 442 employees Series C Total: $137.70M AI, Legal Tech +1

General Information

Company Name Luminance
Founded Year 2015
Location United Kingdom Cambridge, United Kingdom +7
Employees 442
Industries AI, Legal Tech, CRM and Sales
Funding Stage Series C
Social

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About Luminance

Luminance, founded in 2015, is a trailblazer in the realms of AI, Legal Tech, and CRM and Sales, headquartered in the United Kingdom. With their innovative Legal-Grade™ AI, Luminance transforms contracts from administrative burdens into strategic assets, streamlining workflows from creation to compliance.

Developed by University of Cambridge AI experts, the company harnesses advanced technology to understand clauses, evaluate impacts, and continuously learn, making its platform indispensable for over 1,000 enterprises in 70+ countries. By enabling clients to better manage risk and leverage opportunities, Luminance positions itself as a leader in strategic intelligence.

Luminance's latest achievement is a $75 million Series C investment, closed in early 2025, with backing from prominent investors like Point72 Private Investments and March Capital. With plans to expand its team, Luminance is set to further solidify its market presence and continue its trajectory of growth and innovation.

Taxonomy: Legal AI, Contract Automation, Contract Negotiation, Contract Management, Contract Review, Legal Technology, Due Diligence, Enterprise Decision-Making, AI Technology, Data Visualization, Natural Language Processing, Workflow Automation

Services & Products

Drafting Contracts
Automated Negotiation Processes
Contract Analytics and Insights
Compliance Monitoring
Investigative AI Solutions
Collaborative AI Workflows

Target Customers

Legal Teams Compliance Officers Procurement Departments Finance Departments HR Professionals Executives

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
01 Feb 2025
Series B •••••• 3
Investor Investor
•••• ••••
01 Apr 2024
Support Program •••••• 1 •••• •••• 01 Mar 2021
Early VC •••••• 3
Investor Investor
•••• ••••
01 Feb 2019
Series A •••••• 2
Investor
•••• ••••
01 Nov 2017

View All 7 Funding Rounds

Luminance Alternatives & Competitors

View All Alternatives
Luminance vs

The Grammarly of Legal AI

Luminance vs
Docsum
Docsum United States

AI Contract Review and Negotiation Platform

Seed
7 employees
AI, Analytics
Luminance vs
Ontra
Ontra United States

Ontra, the leader in Contract Automation and Intelligence, combines AI with a global network of tale...

Series B
504 employees
Analytics, Information Technology

FAQ About Luminance

Legal-Grade™ AI
Luminance was founded in 2015.
Luminance is headquartered in Cambridge, United Kingdom.
Luminance operates in the following industries: AI, Legal Tech, CRM and Sales.
Luminance has approximately 442 employees.
Luminance has completed 7 funding rounds, raising a total of $137.70M. The latest funding stage is Series C.
Luminance offers: Drafting Contracts, Automated Negotiation Processes, Contract Analytics and Insights, Compliance Monitoring, Investigative AI Solutions, Collaborative AI Workflows.
Top alternatives and competitors to Luminance include Lawly.ai, Docsum, Ontra, Mattersmith, Pactly. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Luminance and Lawly.ai are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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