March 11, 2025:
Norm Ai Secures $48M for Compliance Automation - Norm Ai, a startup focused on AI-powered compliance automation, has raised $48 million, bringing total funding to $87 million. The round was led by Coatue, with investors like Craft Ventures and Salesforce's Marc Benioff participating. Norm Ai uses a proprietary programming language for automating compliance across business activities.
Their "compliant by design" approach turns regulatory requirements into integrated systems. With rising demand for compliance technology, the legal and compliance tech market is projected to reach $21.9 billion by 2034.