Norm Ai
Summary active Updated Jul 7, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Norm Ai is a New York-based legal AI company that embeds legal reasoning into AI agents to handle high-stakes regulated work for enterprise clients 12. The company operates Norm Law, an AI-native law firm in which proprietary AI agents are supervised by human attorneys and billed on outcome-based pricing rather than hourly rates 12. Norm says its platform serves institutional clients representing more than $30 trillion in assets under management 2. The company was founded in mid-2023 by John Nay 13.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-07 | Series C | $120M | Khosla Ventures | Blackstone, Bain Capital Ventures, Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes, Fenwick LLP 123 |
The Series C values Norm Ai at $1.2 billion post-money and brings total funding since founding to more than $260 million 123.
What Investors Say
“The most demanding buyers of legal services in the world already rely on Norm Ai.” — Samir Kaul, Managing Director, Khosla Ventures, quoted in the Norm Ai Series C announcement, July 7, 2026 2
“Norm Ai powers internal regulated workflows at Bain Capital, while Norm Law represents us in deals.” — Matt Harris, Partner, Bain Capital Ventures, quoted in the Norm Ai Series C announcement, July 7, 2026 3
What Founders Say
“As AI capabilities race forward, one of the greatest opportunities is to build the interface between AI and the most legitimate encapsulation of human values: law.” — John Nay, Founder & CEO, Norm Ai, quoted in the Series C announcement, July 7, 2026 23
Sources
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TechCrunch, “AI law startup Norm raises $120M, hits unicorn valuation,” July 7, 2026. Accessed July 2026. https://techcrunch.com/2026/07/07/ai-law-startup-norm-raises-120m-hits-unicorn-valuation/↩↩↩↩↩
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PR Newswire (Norm Ai press release), “Norm Ai Raises $120 Million at a $1.2 Billion Valuation Led by Khosla Ventures to Deliver the Full-Stack Model for Legal AI,” July 7, 2026. Accessed July 2026. 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↩↩↩↩↩↩↩
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LawSites (LawNext), “Norm Ai Hits Unicorn Status with $120M Series C at $1.2 Billion Valuation,” July 7, 2026. Accessed July 2026. https://www.lawnext.com/2026/07/norm-ai-hits-unicorn-status-with-120m-series-c-at-1-2-billion-valuation.html↩↩↩↩↩