Luminance

Luminance

Artificial intelligence for legal due diligence.

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$75.0m

Series C
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP20192020202120222023
Revenues00000000000000000000
% growth-63 %(85 %)984 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Luminance
Made with AI
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Luminance is an advanced artificial intelligence platform designed specifically for the legal profession. Founded by mathematicians from the University of Cambridge, the platform leverages both supervised and unsupervised machine learning to deliver robust and powerful legal analysis. Luminance's technology can read and understand legal documentation in any language and jurisdiction, quickly identifying the most relevant information and significantly reducing the time required for document review. The platform is equipped with over 2000 pre-set concept models, automatically labeling key information for various projects such as data protection, due diligence, LIBOR, and real estate repapering.

Serving over 250 law firms and organizations in more than 50 countries and 80 languages, Luminance is utilized across a wide range of practice areas including M&A due diligence, property portfolio analysis, eDiscovery, contract negotiation, and model document comparison. The business operates in the legal technology market, offering its services primarily to law firms and corporate legal departments. Luminance generates revenue through a subscription-based model, charging clients for access to its AI-driven platform.

Keywords: AI, legal analysis, machine learning, document review, due diligence, eDiscovery, contract negotiation, legal technology, data protection, real estate repapering.

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