26 August 2021 - Luminance, the leading artificial intelligence platform for lawyers, has been declared a Gold Winner in the ‘Most Innovative Company of the Year – Medium and Small’ category at this year’s Best in Biz Awards 2021.

Now in its ninth year, the Best in Biz Awards is the only global business award programme to be judged solely by prominent members of the international press, with panellists hailing from media outlets such as Bloomberg News, TechRadar and the Huffington Post. Luminance’s fellow award winners include industry leaders IBM, Lenovo and Wolters Kluwer.

This latest honour is Luminance’s 20th prestigious award in recent months. It comes after a defining year for the company, with Luminance having launched its third product, Luminance Corporate, to meet global demand from in-house legal teams and being named one of Tech Nation’s Future Fifty companies. Luminance’s next-generation machine learning is now used by over 350 organisations in 60 countries, including all of the ‘Big Four’ accountancy firms, ‘Global Top 100’ law firms such as Holland & Knight, and multinational retail giants such as Tesco and Ferrero.

Eleanor Weaver, CEO of Luminance, said: “We are honoured to have been declared the Most Innovative Company of the Year at the Best in Biz Awards. Innovation is at the heart of Luminance and we are delighted to be recognised for our pioneering technology that is transforming the work of legal teams and businesses around the globe. As part of the Silicon Fen community in Cambridge, where over 50% of our employees are based, we take pride in continually developing and improving our industry-leading technology. Newly emerged, Luminance Corporate is our latest innovation, and we are excited to see the effects of its implementation across global enterprises.”

In recognition of its transformative technology, Luminance was named a ‘Technology Pioneer’ by the World Economic Forum, a Global Leader in LawTech by the prestigious legal directory, Chambers and Partners, and was named ‘Hot Company of the Year’ in the Artificial Intelligence category at the IT World Awards last month.

About Luminance

Luminance is the leading artificial intelligence platform for the legal profession, with over 300 customers in more than 60 countries. Luminance’s machine learning technology reads and forms an understanding of documents, helping lawyers to perform the most thorough and rapid document reviews across practice areas including due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. Luminance has offices in London, Cambridge, New York and Singapore.

About the Best in Biz Awards International

Since 2011, the Best in Biz Awards has made its mark as the only independent business awards program judged each year by an expert panel of prominent reporters and editors from top-tier publications. The Best in Biz Awards International is the broadest program and is open to any company from any industry operating in any country in the world.