Luminance, the pioneer in Legal-Grade™ AI, has been recognized on the Inc. 5000 list of America’s fastest growing private companies, ranking 10th on the prestigious list for Artificial Intelligence.

The Inc. 5000 ranking features the companies that have driven rapid revenue growth over the past three years, recognizing the most successful private companies in America. Luminance achieved an impressive 238% three-year growth rate, positioning it in the top half of the list, and the 176th fastest growing private company in New York. Luminance follows in the footsteps of Microsoft, Meta, LinkedIn, Dell and other household technology names who gained national exposure as Inc. 5000 honourees.

The feature reflects Luminance’s incredible commercial success, off the back of 5x ARR growth in the past two years and its recent $40 million Series B funding round in April 2024. Looking ahead, Luminance is continuously investing in order to continue to grow at a mass scale, particularly in the US, where over a third of its revenue is now generated. Today, customers include AMD, Koch Industries, Hitachi, Yokogawa, Liberty Mutual and Panda Express to name a few.

Eleanor Lightbody, CEO of Luminance, said: “It’s a very special moment to see Luminance recognised on the Inc. 5000, highlighting our incredible growth in recent years and tangible commercial results. Off the back of our Series B funding round, we’re now scaling at an even more rapid rate, and I look forward to seeing the new heights Luminance continues to reach.”

ENDS

About Inc.

Inc. is the voice of the American entrepreneur. We inspire, inform, and document the most fascinating people in business: the risk-takers, the innovators, and the ultra-driven go-getters that represent the most dynamic force in the American economy. Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of Advertising Age's "The A-List" in January 2015, and the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 25,000,000 today.

About Luminance

Built on a proprietary legal Large Language Model (LLM), Luminance’s specialised legal co-pilot brings next-generation AI to every touchpoint a business has with its documents, from contract generation to negotiation and post-execution analysis. Developed by world-leading AI experts, validated by leading lawyers, and in use by over 700 customers in 70 countries, Luminance is the pioneer in Legal-Grade™ AI: wherever computer meets contract.