Spotlight On: Luminance
Description
Developer of artificial intelligence technology designed for the legal processing of contracts and documents. The company platform uses and develops algorithms from a range of machine learning areas, including natural language processing, transformers, deep neural networks, and computer vision, enabling clients to read and form an understanding of documents across the spectrum of legal matters.
Most Recent Financing Status
The company raised an undisclosed amount of venture funding on May 11, 2021.
CEO: Eleanor Lightbody
HQ Location: London, United Kingdom
Employees: 148
Total Raised: $31.92M
Post Valuation: $142.90M
Growth Rate: -0.24% Weekly Growth (10th Percentile)
Size Multiple: 17.9x Median (94th Percentile)
Institutional Investors:
- Invoke Capital
- Resilence Capital Partners
- Slaughter and May
- Talis Capital
To learn more about Luminance , visit their website or follow them on X (Twitter) or LinkedIn.
Source: Pitchbook, September 2023
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