Norm Ai, a NYC-based company working for regulatory compliance with AI agents, raised $11.1M in Seed funding.
The round was led by Coatue, with participation from Haystack Ventures, M13 Ventures, Basis Set Ventures, Expa Ventures, and Atypical Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Norm Ai provides AI agents that empower compliance teams to access and implement the comprehensive and up-to-date understanding of regulations, accelerating business outcomes. Operating within networks of large language learning models, its AI Agents can make immediate compliance determinations, undertake complex multi-step tasks, and provide actionable feedback grounded in deep regulatory understanding.
The company is now serving Chief Compliance Officers at companies spanning from the Fortune 100 to small businesses.
FinSMEs
23/01/2024