On June 25, Norm Ai, a New York City-based company that uses AI to help organizations automate compliance tasks, raised $27 million in a Series A funding round led by Coatue, bringing its total funding to over $38 million. Citi Ventures also participated in the Series A funding round. The company aims to enhance AI governance and compliance through its regulatory AI agents, addressing the critical need for transparency and proactive engagement in AI ethics and regulation. This comes at a time when balancing full AI integration with compliance is crucial to avoid risks and hefty fines associated with poor AI governance.
AI Governance – The Ultimate Human-in-the-Loop https://t.co/EXR1wVXVH6
We’re thrilled to be a part of @normativeai ‘s recent Series A round – the team’s Regulatory AI agents are working to automate compliance analyses across complex enterprises, and we’re excited to see them grow. Read more here: https://t.co/muDjFbWMRu
NYC-based Norm Ai, which uses AI to help organizations automate compliance tasks, raised a $27M Series A led by Coatue, bringing its total funding to $38M+ (@pymnts) https://t.co/aXilS7tvXk 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Gyj7JUyZGA
Balancing full AI integration with compliance is crucial 🔐. Risks and hefty fines from bad AI are serious 🚨. Avoid costly mistakes with AI Governance ✅ https://t.co/hnT6w0ohuw https://t.co/5goVETjmjM
Navigating #AIEthics and regulation is vital for investors!🌐 Transparency and proactive engagement are key to managing risks and harnessing #AI's benefits responsibly.🚀 #AI #AINews #ResponsibleAI #Technology #AIInvestment https://t.co/ui9yGZN61H