What Luminance AI Legal does
Luminance uses machine learning trained on legal documents to analyze contracts in due diligence processes. The AI reads thousands of documents simultaneously, flagging abnormal clauses and summarizing key terms.
How Luminance AI Legal compares with its closest alternatives
None of the 5 closest alternatives has a free plan, and neither does Luminance AI Legal. All 5 offer an API, as Luminance AI Legal does. Luminance AI Legal offers a web app. Of the alternatives, all 5 offer a web app. Luminance AI Legal was founded in 2015; the alternatives were founded between 2001 and 2016, 3 of them earlier. Luminance AI Legal is based in Cambridge, United Kingdom; none of the 4 alternatives with a known headquarters is in the United Kingdom. They are in Canada and the United States.