It is only Wednesday, but already this week has brought news of four notable investment deals in legal tech.
Luminance
Luminance, a UK-based company that uses artificial intelligence to automate the generation, negotiation and analysis of contracts, and whose product is also used for e-discovery, has raised $40 million in a Series B funding round.
The investment was led
Continue Reading Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRĒ for CRM, VXT for VoIP
Luminance
Luminance Raises $40 Million in Series B Funding, Plans U.S. Expansion
Law firm Slaughter and May, a longtime Luminance investor, also participated in the round.
Continue Reading Luminance Raises $40 Million in Series B Funding, Plans U.S. Expansion
Breaking news: Luminance raises $40m Series B
Luminance has raised $40m Series B funding led by Santa Monica-based growth-stage venture firm, March Capital, with participation from National Grid Partners and other existing investors, including magic circle law […]
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Innovations in Contract Technology Winner, Provider: Luminance
“Now more than ever, incoming generations of workers will expect technology to already be integrated in their workplace, so we must ensure the entire industry is on the front foot,” said Eleanor Lightbody, CEO of Luminance.
Continue Reading Innovations in Contract Technology Winner, Provider: Luminance
LG Chem becomes first Korean company to adopt Luminance Corporate
Luminance announced today (20 February) that LG Chem has become the first Korean company to adopt its contract negotiation and management product, Luminance Corporate. LG Chem is one of the […]
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British Legal Technology Awards – The Winners
The British Legal Technology Awards 2023 went off with a bang on Wednesday (22 November) with the NetLaw Media team once again delivering a fun-packed event that celebrated excellence in …
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Clyde & Co revealed as Luminance’s seven-figure subscription deal, using AI to automate claims handling
We speak to head of digital Ben Parsons and fraud partner Damian Rourke about the work that Clyde & Co has done with Luminance to automate the review of incoming …
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Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers
The AI-powered chatbot is trained on a limited set of data that Luminance has collected over its years of drafting contracts.
Continue Reading Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers
Luminance’s CEO on the Future of Lawyers and Why ChatGPT Is Only ‘Dinner Party’ Smart
The use of AI is becoming essential, but humans will always be necessary in the business of law, says the head of one of the legal sector’s fastest growing tech firms.
Continue Reading Luminance’s CEO on the Future of Lawyers and Why ChatGPT Is Only ‘Dinner Party’ Smart