Luminance, the pioneer in Legal-Grade™ AI, has been recognised by GP Bullhound as one of Europe’s most promising tech start-ups in their latest report: ‘Titans of Tech – Unrivalled era of AI led innovation for European Tech’.

GP Bullhound, a leading technology advisory and investment firm, analysed more than 100 European startups for scale, velocity and sentiment, and ranked the top 50 companies which they believe have the most potential to become one-billion-dollar companies in the next two years.

Luminance was celebrated for its AI expertise in a year the report highlights as unrivalled for AI-led innovation. The company’s technology has been used in a number of world-firsts for AI. For example, in late 2023 during a live demonstration to the BBC, Luminance became the first AI in the world to completely automate the negotiation of a contract, without human intervention, between two opposing parties. Luminance was also the first use of AI at London’s highest criminal court, the Old Bailey, where it allowed counsel to cut the time spent reviewing evidence by four weeks.

Eleanor Lightbody, CEO of Luminance, said: “I’m honoured to see Luminance being recognised as one of Europe’s most promising scale-ups, highlighting our world-leading levels of innovation in this increasingly prominent sector. Off the back of our recent Series B funding round, we’re growing and scaling at a rapid rate, and this recognition further validates our vision.”

ENDS

About GP Bullhound

GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world's entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 12 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.

About Luminance

Built on a proprietary legal Large Language Model (LLM), Luminance’s specialized legal co-pilot uses next-generation AI to automate the generation, negotiation, and analysis of contracts. Developed by world-leading AI experts, validated by leading lawyers, and in use by over 600 customers in 70 countries, Luminance’s ‘legal-grade’ AI is a key component of any legal team.