Norm Ai Raises $120M Series C at $1.2B Valuation

Norm Ai, a New York-based software company building agentic law technology for high-stakes regulatory environments, has raised $120 million in a Series C funding round. The investment brings the company's valuation to $1.2 billion and follows previous funding, totaling more than $260 million since the company was founded less than three years ago.

Investors

This round was led by Khosla Ventures, the first institutional investor in OpenAI. Additional investors participating in the round include Blackstone, Bain Capital Ventures (BCV), Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes, and Fenwick LLP.

Norm Ai Use of Funds

Norm Ai plans to use the new capital to accelerate hiring, expand its practice area coverage, and advance its supervisory agents designed for regulated enterprise AI deployments.

About Norm Ai

Founded less than three years ago by John Nay, Norm Ai brings together senior attorneys and AI engineers to build agentic law. The company embeds legal frameworks into AI agents, enabling institutions to govern AI operations in high-stakes environments. It also powers Norm Law, an AI-native law firm that utilizes these agents to provide legal services.

Funding Details

Company Website: https://norm.ai

Company: Norm Ai
Raised: $120M
Round: Series C
Funding Date: July 7, 2026
Lead Investor: Khosla Ventures
Additional Investors: Blackstone, Bain Capital Ventures, Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes, Fenwick LLP
Company Website: https://norm.ai
Software Category: Legal AI
Source: https://www.prnewswire.com/news-releases/norm-ai-raises-120-million-at-a-1-2-billion-valuation-led-by-khosla-ventures-to-deliver-the-full-stack-model-for-legal-ai-302819152.html