Legal AI startup Norm Ai hits $1.2 billion valuation after $120 million funding

Norm Ai said on Tuesday it had raised $120 million in a Series C funding round led by Khosla Ventures, valuing the legal AI startup at $1.2 billion.

New York-based Norm ‌Ai is ⁠among ⁠a growing number of startups developing AI ​tools for legal and regulatory work, as businesses ​and law firms increasingly adopt AI to improve productivity and reduce costs.

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