The legal sector has seen the entrance of a host of AI vendors aiming to automate core legal functions.

July 8, 2026

AI legal startup Norm has completed a $120 million Series C funding round at a $1.2 billion valuation.

The New York City-based vendor’s lineup of backers was led by Khosla Ventures, the first institutional investor in OpenAI.

The latest injection of capital brings the total Norm has raised to more than $260 million since its founding three years ago.