companies

Norm AI

Converts regulations and compliance policies into AI agents that check enterprise workflows for regulatory compliance.

Norm AI builds software that encodes regulatory rules and internal policies into structured AI agents, which enterprises then embed into compliance, risk, and legal workflows to check actions and communications against those rules in real time. Founded in mid-2023 by John Nay, who spent roughly a decade researching the intersection of AI and law including time at Stanford, the company's pitch is that regulated industries need AI systems that can be audited and supervised rather than simply prompted, since a wrong answer on a compliance question carries real regulatory exposure. Norm AI raised a $120 million Series C in 2026 led by Khosla Ventures at a $1.2 billion valuation, bringing total funding to more than $260 million in under three years — a rapid trajectory that reflects investor appetite for regulatory AI as much as proven long-term retention. The company also operates Norm Law LLP, an affiliated AI-native law firm chaired by former Sidley Austin executive committee chair Mike Schmidtberger, which it uses to test and validate its own agent output. Customers include large asset managers and financial institutions; competitors in the broader compliance space include Ascent RegTech, ComplyAdvantage, and traditional GRC vendors moving into AI.

Founded

2023

Headquarters

New York, United States

Sector

applications