Company Research Report: Luminance Technologies Ltd.

Company Overview

• Name: Luminance Technologies Ltd.

• Mission: Luminance aims to enhance every touchpoint a business has with its contracts utilizing a proprietary legal Large Language Model (LLM) to provide Legal-Grade™ AI solutions across an enterprise.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Sue Yang, VP/Head of Department

• Ben Parsons, Head of Digital

• Jeannine Moran, Director of Legal Operations

• Headquarters: London, United Kingdom

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Luminance is known for its advanced legal AI technology, enhancing capabilities from AI-powered negotiation and intelligent contract repository to business-wide process automation.

Products

Luminance offers a suite of AI-powered products aimed at various legal processes:

Luminance Corporate

• Description: Provides end-to-end contract processing using Legal-Grade™ AI.

• Key Features:

• AI-Powered Negotiation

• Intelligent Repository for insight

• Legal-Grade™ Chatbot for Q&A

• Automated drafting and process automation tools

Luminance Diligence

• Description: AI for automated contract review, designed to enhance the speed and efficacy of due diligence processes.

• Key Features:

• AI-Powered Insight

• Automated compliance checks

• Instant insight across 1,000 legal concepts

• Workflow tools

Luminance Discovery

• Description: AI for end-to-end eDiscovery, investigations, and litigation support.

• Key Features:

• Early Case Assessment (ECA)

• Technology-Assisted Review (TAR)

• Conceptual understanding with PII detection

Recent Developments

• Recent Developments:

• Expansion across various global markets and domains.

• Recognized on the Inc. 5000 List of Fastest Growing Companies in America.

• Announced strategic partnerships and office openings in the U.S. and Europe.

• New Products Launched:

• "Agent Lumi"—a new agentic AI tool for automating legal work.

• New Features:

• Enhanced AI capabilities for multilingual contract analysis.

• AI-driven contract negotiation features that allow for rapid redrafts directly from Microsoft products.

• Partnerships:

• Partnership announcements with global entities such as Al Masaood Group, and NexaConnex.

• Collaboration with Deloitte Australia for AI-powered contract analysis.

Through the above integrations and enhancements, Luminance continues to expand its global footprint and improve its offerings in legal AI technology, thus providing substantial value to businesses and legal teams worldwide.