🏆 Deal of the Week · CW 8/2025
Luminance raised GBP 59 million in a Series C round; the company's valuation was not disclosed. The round was led by Point72 Ventures, with participation from Forestay Capital, March Capital, National Grid Partners, RPS Ventures, Schroders Capital, and Slaughter and May.
Luminance — key deal facts
| Company | Luminance |
| Founded | 2015 |
| Headquarters | Cambridge, United Kingdom |
| Amount raised | GBP 59m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series C |
| Investors | Forestay Capital, March Capital, National Grid Partners (NGP), Point72 Ventures, RPS Ventures, Schroders Capital, Slaughter and May |
| Sectors | Legal Tech |
Who invested in Luminance?
The syndicate spans growth equity, corporate venture, and institutional asset management: Point72 Ventures brings deep fintech and enterprise software expertise, Schroders Capital adds a blue-chip asset-management perspective, and Slaughter and May — a Magic Circle law firm — is a notably strategic backer for a legal-AI platform. National Grid Partners and March Capital round out a geographically diverse investor base spanning the US and Europe.
What does Luminance do?
Luminance is an AI-powered legal platform that automates contract workflows across creation, negotiation, and risk analysis. Its core products include Contract Analysis Software, Luminance Discovery for eDiscovery, and Lumi Go, a contract negotiation tool. The company was founded in September 2015 by Cambridge academics Adam Guthrie and Dr. Graham Sills and is headquartered in Cambridge, United Kingdom, with additional offices in London and Chicago. Luminance now serves more than 1,000 organisations across 70 countries, including global law firms and multinational corporations.
Luminance valuation & multiples
Explore the benchmarks: Series C.
Frequently asked questions
How much did Luminance raise in its Series C?
Luminance raised GBP 59 million in its Series C funding round in 2025.
What is Luminance's valuation?
Luminance's valuation was not disclosed in connection with this Series C round.
Who invested in Luminance?
The round was led by Point72 Ventures, with Forestay Capital, March Capital, National Grid Partners, RPS Ventures, Schroders Capital, and Slaughter and May also participating.
When was Luminance founded and where is it based?
Luminance was founded in September 2015 and is headquartered in Cambridge, United Kingdom.
Source: original announcement — read the full report.