Luminance is an AI-driven scale-up that provides document analysis software for lawyers and other professionals around the world. The company uses advanced artificial intelligence to streamline the process of reviewing documents, reducing the time spent on different legal processes from hours to minutes. According to Luminance, firms can save more than 90% of their time in the first week of using their technology.
Luminance’s differentiator is its technology – a proprietary blend of supervised and unsupervised machine learning that powers three powerful products. Luminance’s AI helps lawyers to draft, negotiate, review and analyse any volume of documentation in any language, and is the only technology in the world that can take a first pass review of any incoming contract.
Today, Luminance is used by over 700 customers across 70 countries worldwide, including AMD, the LG Group Hitachi, BBC Studios, and Staples. The company has raised over a significant amount on funding too, which has been put towards developing its technology and hiring global talent in more than six cities around the world.
Freddie
Company Specialist at Welcome to the Jungle