March Capital led a $40m Series B funding round in Luminance.

March Capital, a venture capital firm, led a $40m Series B funding round in Luminance, an artificial intelligence company, with participation from National Grid Partners and Slaughter and May. “We invest in AI-native companies solving large, mission critical problems. Given the inefficiencies and complexity that exist today in legal workflows, we immediately saw the potential for Luminance to drive efficiency with its industry leading LLM. Luminance’s breadth of enterprise customers speaks to its capabilities, and we are thrilled to partner with their highly technical and growth-minded team to help build a successful, leading and global legal AI company,” Hyun Koo, March Capital Partner.