Luminance Made £3.8m Revenues in 2021, With £5.16m Loss
Luminance, the well-known NLP-driven doc analysis company, made £3.8m ($4.7m) in revenues in 2021 in what was a bonanza year for transactional work, along with …
Luminance, the well-known NLP-driven doc analysis company, made £3.8m ($4.7m) in revenues in 2021 in what was a bonanza year for transactional work, along with …
Mike Lynch, the founder of Luminance, has stepped down from the Board of the legal AI company so that he can focus ‘on fighting his …
Luminance, the doc analysis AI company, made £2.78m ($3.69m) revenues globally last year, but with losses of £4.4m ($5.84m). Its average revenue per client, based …
In an unprecedented example of a legal tech company attacking another in public, Luminance has announced via press release and social media that ‘it is …
Luminance has launched what it’s calling a ‘brand new AI-powered platform’ called Luminance Corporate, which will focus on the contract negotiation phase of inhouse legal work, such as keeping tabs on counter-party clause changes. The new approach will also work within Microsoft Word. …
Doc analysis company, Luminance, appears to be making more headway now in the UK legal market after winning Stephenson Harwood (SH) as a client. The …
Legal AI doc review company, Luminance, has said goodbye to its most recent CEO, Jason Brennan, who has now left the company. He has been …
Artificial Lawyer is doing a series of AL TV Product Walk Throughs of doc review systems for some of the more well-known products. This week …
Legal AI company Luminance has launched a suite of redaction tools for removing confidential information from documents and datasets. The move is part of a …
Legal AI doc analysis company, Luminance, has filed its accounts for 2019, showing that the fast growing company saw revenues last year of £2.356m, ($3.12m) – but also booked an operating loss of £5m ($6.62m). The figures paint a picture of successful global expansion, but also a business model that is rapidly burning through funding and generating only a modest average income per client. …
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