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AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Kholsa Ventures, valuing the startup at $1.2 billion.
Summary
AI law startup Norm on Tuesday said it has raised $120 million in a Series C funding round led by Khosla Ventures, valuing the almost three-year-old startup at $1.2 billion. Norm has built an AI-native law firm, called Norm Law, that uses the company’s own AI agents, employs human attorneys to supervise them, and offers legal services to enterprise clients. It’s also building AI agents that can supervise other AI agents as they go about their tasks.
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