Luminance

Luminance is a new class of document analysis software that will transform our approach to big data. Trained by legal experts, the revolutionary technology is founded on breakthroughs in artificial intelligence at the University of Cambridge.

Luminance understands language the way humans do, in volumes and at speeds that humans will never achieve. It provides an immediate and global overview of any company, picking out warning signs without needing any instruction.

Luminance adds value to a legal team, freeing lawyers to focus on what matters.

Company Growth (employees)
Type
Private
HQ
Greater London, GB
Founded
2003
Size (employees)
32 (est)+4%
Luminance was founded in 2003 and is headquartered in Greater London, GB

Luminance Office Locations

Luminance has an office in Greater London
Greater London, GB (HQ)
80 Pall Mall
Show all (1)

Luminance Financials and Metrics

Summary Metrics

Founding Date

2003

Total Funding

$3 m

Time since last funding

about 1 year

Luminance Financials

Luminance's revenue was reported to be £8.1 k in FY, 2012
GBP

Revenue (FY, 2012)

8.1 k

Net income (FY, 2012)

(368)

EBITDA (FY, 2012)

(368)

EBIT (FY, 2012)

(368)

Cash (31-Jan-2016)

251
GBPFY, 2012

Revenue

8.1 k

Operating expense total

8.5 k

EBITDA

(368)

EBITDA margin, %

(5%)
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

100251

Current Assets

100251

Total Assets

100251

Accounts Payable

368217832330
    GBPFY, 2012

    Net Income

    (368)
      Y, 2016

      Financial Leverage

      1.1 x
      Show all financial metrics

      Luminance's Web-traffic and Trends

      Luminance Online and Social Media Presence

      Luminance News and Updates

      Editor’s Comment: Let’s get a grip in 2018

      Welcome back and hello 2018. Even for those of us who eschew hype and hyperbole, 2017 was a big year for legal technology, characterised at many firms by a lack of clear firm-wide technology strategy and IT teams who are, ironically, being undermined from all quarters by the new wave of enthusiasm f…

      US Top 100 firm Holland & Knight signs up with Luminance

      In a second major US win since opening in Chicago last month, US top 100 firm Holland & Knight LLP, which has more than 1250 lawyers in 27 offices, has deployed Luminance’s machine learning technology to increase the efficiency of its due diligence process.

      Significant US win for Luminance as Ice Miller signs up for its ‘plug & play’ technology

      Indianapolis law firm Ice Miller has signed up with Luminance to streamline and speed up its due diligence processes for M&A transactions in a significant US win for the Cambridge-headquartered company, which only recently opened it first US headquarters in Chicago.

      A startup using AI to help lawyers just raised millions

      A startup that's developing artificial intelligence to help lawyers do their job better has raised fresh funding and plans to expand to the US. Luminance has raised $10m (£7.5m) from investors that include Mike Lynch's Invoke Capital and law firm Slaughter and May, led by Talis Capital. The fr…

      Luminance closes $10m Series A funding valuing the company at $50m

      Luminance has closed a $10m Series A funding round that values the company at $50 million. The investment was led by Talis Capital, and also included Invoke Capital and Slaughter and May, which as we revealed in March, already has a 5% stake in the AI-backed due diligence tool.

      Rajah & Tann Asia selects Luminance AI technology for M&A

      Rajah & Tann Asia has adopted Luminance’s artificial intelligence technology to enhance its due diligence processes for M&A transactions following a competitive selection process. This marks another major win in Asia for the fast-growing AI platform.
      Show more

      Luminance Company Life and Culture

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