What is Luminance?
Luminance is a contract intelligence platform that uses legal-grade AI to review, negotiate and extract insight from business contracts. It was founded by researchers from the University of Cambridge more than a decade ago and says it serves 1,000+ enterprises worldwide.
Luminance goes beyond legal teams: procurement, finance, sales and HR use it to handle contracts across their whole lifecycle. Negotiation applies your playbooks and precedent to mark up third-party paper, Repository turns a contract portfolio into searchable data with risk and opportunity flags, and Workflows route contracts from intake to signature. Luminance reports it has answered more than 1.3 million contract questions and flagged commercial opportunities in over 174 million contracts.
Main Features
- Reviews incoming contracts against your playbooks and precedent.
- Suggests redlines during negotiation.
- Builds a searchable repository with risks and obligations extracted.
- Flags commercial opportunities across the contract portfolio.
- Routes contracts from intake to signature with Workflows.
- Lets business teams such as sales and procurement self-serve contract tasks.
- Answers questions about contracts in plain English.
- Serves legal, procurement, finance, sales and HR teams from one platform.
How to Get Started with Luminance
- Request a demo on luminance.com.
- Upload your playbooks and a sample of existing contracts.
- Configure review rules and approval workflows with Luminance's team.
- Send your next third-party contract through Luminance for review.
- Track obligations and renewals from the Repository dashboard.
Luminance Pricing
Luminance does not publish prices. Contracts are tailored to each enterprise after a demo. Expect pricing to depend on the modules you choose (Negotiation, Repository, Workflows) and the number of users.
Who Should Use It?
- In-house legal teams handling high contract volumes.
- Procurement teams reviewing supplier agreements.
- Sales teams negotiating customer contracts.
- Finance teams tracking obligations and renewals.
- Law firms running due diligence.
Luminance Alternatives
- Spellbook: contract drafting in Word for smaller teams
- Legora: broader legal AI workspace for firms and in-house teams
- Harvey: general legal AI used by large law firms
Frequently Asked Questions
Is Luminance free?
No, Luminance is enterprise software with no free plan. Pricing is quoted after a demo.
What is Luminance used for?
Luminance is used to review, negotiate and manage contracts with AI, and to extract risks and opportunities from contract portfolios.
Who founded Luminance?
Luminance was founded by researchers from the University of Cambridge and has worked on contract AI for over a decade.
Luminance vs Spellbook: which is better?
Luminance is better for enterprises that need full contract lifecycle tools, while Spellbook is better for lawyers who want drafting help inside Word.