FairNow offers a centralized AI governance platform that aligns AI tech stacks with regulatory requirements and helps organizations understand and mitigate AI risk. The product targets enterprises operating in highly regulated industries and aims to simplify compliance so builders can focus on development. The team has experience building AI technologies in HR and financial services, which informs the platform’s design. FairNow also emphasizes education and regulatory updates to help organizations prepare for rules such as the EU AI Act. The company plans to use recent funding to accelerate its mission and expand its governance and compliance offerings. FairNow is headquartered in McLean, Virginia.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2024