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.

Type
Private
HQ
Greater London, GB
Founded
2003
Size (employees)
35 (est)+3%
Luminance was founded in 2003 and is headquartered in Greater London, GB
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Luminance Office Locations

Luminance has an office in Greater London
Greater London, GB (HQ)
80 Pall Mall
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Luminance Financials and Metrics

Summary Metrics

Founding Date

2003

Total Funding

$3 m

Time since last funding

a year ago

Luminance Financials

Luminance's revenue was reported to be £8.10 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

100 251

Current Assets

100 251

Total Assets

100 251

Accounts Payable

368 217 83 23 30
GBPFY, 2012

Net Income

(368 )
GBPY, 2016

Financial Leverage

1.1 x
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Luminance News and Updates

ISO 27001 accreditations: the recent converts

Thanks to those who followed up our story in the January Orange Rag – A year for ISO 27001: Phoenix achieves certification – with their own ISO accreditation news. Here's a recap of the latest and updated converts.

McCullough Robertson adopts Luminance’s AI technology

Another win for Luminance, this time leading independent Australian law firm McCullough Robertson, which has deployed Luminance’s machine learning technology for due diligence in corporate M&A transactions. Luminance - which, because of its plug and play technology can be used on a transactional…

In brief: Luminance achieves ISO 27001:2013

In a very timely fashion given that we're just compiling a list of vendors and law firms that have recently become ISO accredited, Luminance has today (12 February) announced its successful ISO 27001:2013 certification from BSI (Business Standards Institution), reinforcing the London-headquartered c…

AI News: Luminance announces deal with Moll Wendén Advokatbyrå

Swedish law firm Moll Wendén Advokatbyrå has chosen Luminance’s artificial intelligence technology to improve the contract review process for its work in Mergers and Acquisitions (“M&A”) transactions.

Bird & Bird take off with Luminance AI

Bird & Bird has chosen Luminance’s artificial intelligence platform to assist with its contract review for M&A due diligence. The announcement of the deal follows a successful trial of the technology across the firm’s London and Stockholm offices.

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…
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