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Norm Ai Raises $50M in Funding
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Norm Ai, a NYC-based legal and compliance AI company, raised $50M in funding.
The round was led by Blackstone, through Blackstone Innovations Investments and funds affiliated with Blackstone Growth.
The company intends to sue the funds to expand operations and its development efforts.
Ledd by CEO Norm Ai is a legal and compliance AI company that turns legal code into AI code enabling enterprises to move faster and more comprehensively in their legal and compliance processes. Its platform combines frontier AI, proprietary legal reasoning systems, and embedded legal and regulatory expertise.
The company has also launched Norm Law LLP, which will offer AI-native legal services, with an initial focus on financial services clients.
Blackstone, along with global banks, hedge funds, insurance companies, and other asset managers, leverages its solutions to streamline key legal and compliance workflows.
Norm Ai has raised more than $140M to date.
FinSMEs
The round was led by Blackstone, through Blackstone Innovations Investments and funds affiliated with Blackstone Growth.
The company intends to sue the funds to expand operations and its development efforts.
Ledd by CEO Norm Ai is a legal and compliance AI company that turns legal code into AI code enabling enterprises to move faster and more comprehensively in their legal and compliance processes. Its platform combines frontier AI, proprietary legal reasoning systems, and embedded legal and regulatory expertise.
The company has also launched Norm Law LLP, which will offer AI-native legal services, with an initial focus on financial services clients.
Blackstone, along with global banks, hedge funds, insurance companies, and other asset managers, leverages its solutions to streamline key legal and compliance workflows.
Norm Ai has raised more than $140M to date.
FinSMEs
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