Norm Ai raises $120M from Khosla, Blackstone and Bain to take on Harvey and Legora with a new pricing model — TFN

Norm Ai raises $120M at a $1.2B valuation

Norm Ai's $120M Series C funds its own law firm with AI agents supervised by attorneys, pricing by outcome. The thesis: AI agent governance in regulated sectors becomes the next spending wave, matching investment in building agents themselves.