Luminance raised $40M in a Series B round led by March Capital to expand its AI-powered legal technology in the U.S.
Amount Raised
$40 Million
Round Type
Series B
Investors
Description
Luminance has successfully raised $40M in a Series B funding round led by March Capital, with participation from National Grid Partners and existing investors including Slaughter and May. The funding will be used to expand the company's AI-powered legal technology in the U.S., following its significant technical achievements and revenue generation in the region.
Quick answer
Luminance raised $40 Million in a Series B round, dated April 2, 2024. Investors: Slaughter And May, National Grid Partners and March Capital.
- How much did Luminance raise?
- Luminance raised $40 Million in a Series B round on April 2, 2024.
- Who invested in Luminance?
- Slaughter And May, National Grid Partners and March Capital are named as investors in this round.
- What does Luminance do?
- Luminance is a legal technology company that focuses on automating the generation, negotiation, and analysis of contracts and other legal documents using AI-powered software.
- Where is Luminance based and how big is it?
- Fundz records about 280 employees.
- Who are the decision-makers at Luminance?
- Fundz holds 2 contacts at Luminance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Legal and Legal Tech around the same time
Companies in the same sectors as Luminance that raised within 45 days of this round, from Fundz verified event records.
Who to call at Luminance, and when
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- An alert the day Luminance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Luminance, from your own LinkedIn network
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Funding Insights
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