Fairly AI offers an oversight and risk-management platform designed to automate risk management in AI model development. Its software provides information reporting and testing, policy management, and built-in controls for fairness and bias testing. The platform is intended to help technology and policy experts connect and apply policies early in the development process and maintain controls throughout the product lifecycle. Fairly AI positions itself to help firms proactively comply with regulations and mitigate safety and privacy concerns. The company says the recent funds will be used to grow sales and marketing. Fairly AI was incorporated in April 2020 and operates globally with headquarters in Kitchener-Waterloo, Ontario.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2023