By Sri Chandrasekar, Tara Stokes, Jeffrey Lu

We’re excited to welcome Luminance, a London-based legal AI company, to our portfolio – joining our other founding teams with Cambridge roots including PolyAI, Glyphic, and Tunic Pay.

Our investment leads their $75M Series C round, fueling their growth as a leader in AI-powered legal automation and augmentation. Under the leadership of CEO Eleanor Lightbody, Luminance is working to transform how legal teams handle contracts, compliance, and workflows— and to deliver AI-driven innovations globally.

Based on discussions with a number of in-house legal professionals, we believe their teams are critical to sales and operational workflows, but they often grow slower than their counterparts in sales and operations. This gap has the potential to lead to bottlenecks, missed opportunities, and rising costs. With the demand for in-house legal services continuing to climb, 79% of legal departments expect increased demand in 2025, while 67% anticipate maintaining or shrinking their teams. As a result, we believe legal teams need new solutions to increase efficiency. AI adoption in legal workflows is gaining momentum, making workflow automation a top priority.

Luminance has designed an end-to-end legal AI platform that we believe is redefining contract management and analysis. The platform offers a tailored AI model, built by analyzing a company’s documents, contract rules, and clause playbooks, with the goal of empowering both legal and non-legal teams to more efficiently draft, review, and analyze documents with high accuracy. Luminance automates tasks like NDA reviews and contract analysis, with the goal of not only streamlining workflows but also surfacing critical insights, like flagging expiration dates, regulatory issues, and non-standard clauses before they become roadblocks. Luminance is also designed to integrate with platforms like DocuSign, Salesforce, and SharePoint. We believe its specialist AI has the potential to make navigating complex workflows as easy as having a conversation.

Our confidence in the AI-driven legal technology market remains strong. Nearly two years ago, we invested in Lexion, (since-exited), and we remain convinced that legal teams need solutions to navigate an increasingly complex and fast-paced landscape. Today, we’re excited to invest in Luminance, who we believe is an innovative leader in the space, with the potential to empower organizations to work smarter, faster, and more effectively.

We’re thrilled to support the Luminance team as they continue working to push the boundaries of what’s possible in legal AI. We look forward to supporting their vision, execution, and commitment to cutting-edge solutions in the years to come.

This is not an advertisement nor an offer to sell nor a solicitation of an offer to invest in any entity or other investment vehicle.  The information herein is not intended to be used as a guide to investing or as a source of any specific investment recommendation, and it makes no implied or express recommendation concerning the suitability of an investment for any particular investor.  The opinions, projections and other forward-looking statements are based on assumptions that the authors’ believe to be reasonable but are subject to a wide range of risks and uncertainties, and, therefore, actual outcomes and future events may differ materially from those expressed or implied by such statements.  Point72 Private Investments, LLC or an affiliate may seek to invest in one or more of the companies discussed herein.