At a Glance
| Detail | Luminance | Orbital |
|---|---|---|
| Category | GenAI & Drafting | GenAI & Drafting |
| Total raised | $138M | $64.1M |
| Rounds tracked | 5 | 2 |
| Latest round | Series C, $75M · Feb 2025 | Series B, $60M · Jan 2026 |
| Last valuation | $100M | Not disclosed |
| Lead investors | Point72 Private Investments, March Capital, Invoke Capital, Talis Capital | Brighton Park Capital, LocalGlobe, Outward VC |
| Built for | In-house teams, Large firms | In-house teams, Large firms, Mid-size firms |
| Headquarters | United Kingdom | United Kingdom |
Funding, Side by Side
Luminance rounds
- Feb 2025Series C$75M
- Apr 2024Series B$40M
- Feb 2019Series B$10M
- Nov 2017Series A$10M
- Sep 2016Seed$3M
Orbital rounds
- Jan 2026Series B$60M
- Jul 2020Seed$4.1M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Luminance or Orbital?
- Luminance has raised $138M in disclosed funding, compared with $64.1M for Orbital.
- Do Luminance and Orbital share investors?
- No. None of the investors we track have backed both companies.
- What is Luminance best for?
- Luminance is an AI contract platform for reviewing, negotiating and analyzing contracts.
- What is Orbital best for?
- Orbital is AI software that helps legal teams with due diligence and documents in commercial real estate transactions.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.

