Well Run profileThe Chase Pack · #192 of 720

Position 192

Norm Ai

AI agents that turn laws and regulations into automated compliance and legal work

Pace
4:05/kmRace4.25
Distance
Distance Half.
Open ops roles
1
Last week
#162
Move
▼ 30
Peak
#162
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#152#174#195#162Oct 18#185Oct 25
Pace score
02464.3Oct 184.3Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Sprint 3:30/kmLegoraHarvey
Race 4:05/kmNorm Ai
Tempo 4:40/km
Steady 5:20/kmHadriusHebbia
Warm-up 6:00/km
Cool-down 6:30/km
Norm Ai runs in the Race lane. Rivals on Well Run sit in their own pace lanes; further right = more momentum. Tap one to open its page.
Total raised
$260M+ (company-stated)see rounds ↓
Founded
2023
HQ
New York, NY

Leadership

The problem

Banks and asset managers spend huge attorney hours checking work against fast-changing regulations

What they do

AI agents that turn laws and regulations into automated compliance and legal work

Traction Clients manage $30T+ in assets incl. Blackstone; ARR est. ~$10M (Vertical Velocity)

Hiring trend

Open roles
21
Ops roles
1
Headcount
~200

~145-200 staff est. (PitchBook 204); open roles up ~20% since Aug (QuantLogix est.)

Hiring in

  • New York
  • Washington, DC
  • London
  • Remote

Funding

Last round
$120M
Stage
Series C
Date
Jul 2026

Led by Khosla Ventures

Distance

Half · edge: hard to leave

Embedded in compliance at big asset managers like Blackstone; ARR only estimated near $10M.

Sources: Norm Ai: $120M Series C (Jul 2026) ↗

Last checked Oct 25, 2026

News timeline

  1. Jul 2026Raises $120M Series C at $1.2B led by Khosla; scaling AI-native law firm prnewswire.com ↗
  2. Jan 2026Mike Schmidtberger joins as Chairman norm.ai ↗
  3. Nov 2025Blackstone invests $50M more; Norm launches Norm Law, an AI-native law firm norm.ai ↗
  4. Mar 2025Raises $48M from Coatue, Craft, Vanguard, Blackstone and others prnewswire.com ↗

Funding historyTotal raised $260M+ (company-stated)

  1. Jul 2026Series C$120Mat $1.2BLed by Khosla Ventures reuters.com ↗
  2. Nov 2025Strategic$50MLed by Blackstone norm.ai ↗
  3. Mar 2025Series B$48MLed by Coatue (per Seedtable; release names no lead) prnewswire.com ↗
  4. Jun 2024Series A$27MLed by Coatue prnewswire.com ↗
  5. Jan 2024Seed$11.1MLed by Coatue norm.ai ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

Keep going

← Back to the board