Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation (Guinevere Grant/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-07-07/ai-legal-startup-norm-valued-at-1-2-billion-in-funding-round"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260707/i16.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260707/p16#a260707p16" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Guinevere Grant / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-07/ai-legal-startup-norm-valued-at-1-2-billion-in-funding-round">Norm, which runs an AI law firm that provides AI-powered legal services to clients alongside human lawyers, raised $120M led by Khosla at a $1.2B valuation</a></b></span>&nbsp; &mdash;&nbsp; Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work.</p>