Company Name: Norm Ai
Location: NYC, USA
Sector: Regulatory Compliance and AI
Funding Details: Raised $11.1M in Seed funding, led by Coatue, with participation from Haystack Ventures, M13 Ventures, Basis Set Ventures, Expa Ventures, and Atypical Ventures.
Purpose of Investment: To expand operations and business reach.
Product: AI agents designed to assist compliance teams with a comprehensive understanding of regulations. These agents operate using large language learning models to make immediate compliance determinations, undertake complex tasks, and provide actionable, regulation-based feedback.
About Company: Norm Ai focuses on leveraging AI to enhance regulatory compliance for businesses. Their AI agents are tailored to simplify and expedite compliance processes, offering an innovative solution for Chief Compliance Officers across various companies, from Fortune 100 to small businesses.