Team S on Newnex: Norm AI, an AI-powered startup, has raised $27…

Norm AI, an AI-powered startup, has raised $27 million in a Series A…

Team S · 2024-07-04T18:36:35.000Z

Norm AI, an AI-powered startup, has raised $27 million in a Series A funding round to expand its regulatory compliance platform. T he funding was led by Coatue, with participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital. The company's platform uses AI to convert regulations into computer code, creating Regulatory AI Agents that automate compliance analysis, making the process more efficient and accurate. This approach helps companies quickly and effectively manage large and complex regulatory documents. https://aibusiness.com/nlp/ai-powered-startup-raises-27m-to-automate-regulatory-compliance-checks

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Team S on Newnex: Norm AI, an AI-powered startup, has raised $27…