Fenwick represented Norm Ai, a regulatory generative AI designed for compliance in companies, in its $11.1 million Seed financing. The round was led by Coatue, with participation from Haystack Ventures, M13 Ventures, Basis Set Ventures, Expa Ventures, Atypical Ventures, and AI researchers such as the founding CEO of the Allen Institute for AI.
Norm Ai will use the funds to continue its mission to automate regulatory compliance. More information can be obtained from the company’s announcement.
The transaction was led by corporate partner Kristine Di Bacco and associates Terence Desouza and Michael Murrietta.