Luminance Legal-Grade™ AI

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Luminance provides Legal-Grade™ AI for end-to-end contract management, empowering businesses with automation, compliance, and risk assessment.

Employees
Not Disclosed
Founded in
Not Disclosed
Funding Series
Not Disclosed
Funding Amount
Not Disclosed

Luminance is a cutting-edge legal software platform that leverages AI to manage the entire lifecycle of contracts. Developed by experts from the University of Cambridge, its distinguishing feature lies in its Legal-Grade™ AI, designed to provide precision and efficiency in contract handling. It caters to corporations requiring robust contract management solutions, from drafting and negotiation to analysis and compliance. This application is tailored for legal teams, providing tools for anomaly detection, risk management, and standardized contract creation. By integrating seamlessly with tools like MS Word, Luminance makes it easy for legal professionals to assess and adjust contracts according to company standards, all with machine accuracy.

Luminance is ideal for organizations looking to streamline their contract management process. Its powerful automation capabilities reduce time delays, mitigate compliance risks, and ensure contract consistency, making it a preferred choice for industries ranging from finance to pharmaceuticals.

Pros:

  • Advanced AI-driven contract analysis and drafting
  • Streamlines compliance and risk management
  • Integration with popular tools like MS Word
  • Supports multiple languages and includes Legal-Grade™ AI chatbot

Cons:

  • Complex features may require training for effective use
  • Pricing details are not publicly disclosed
  • Primarily designed for large organizations

Features:

  • AI-Powered Negotiation - Automatically suggests contract changes and standards compliance.
  • Intelligent Contract Repository - Extracts and analyses key contract metrics for efficient management.
  • Legal-Grade™ Chatbot - Summarizes and advises on contract content using natural language processing.
  • Business-Wide Automation - Enables non-legal teams to manage contracts efficiently with predefined templates.

Integrations:

  • Microsoft Word - Allows direct editing and analysis of contracts within Word.
  • Outlook - Seamless email integration for contract-related communication.
  • Salesforce - Sync contracts with sales pipeline for streamlined operations.

Pricing:

  • Not Disclosed - Pricing information is not publicly available.

Implementation Timeline

Not Disclosed

Onboarding

Not Disclosed

Sandbox

No

API Available

Compliance

ISO27001

Buying Persona

CRO, CFO, VP of Sales, Director, Sale Manager, RevOps, Customer Success Manager, VP, FP&A Manager, Sales Finance Manager

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