
FairNow provides an AI governance platform designed to simplify AI oversight for organizations. The platform offers centralized management of AI systems, including internal tools, vendor models, and employee-led use cases, enabling organizations to track AI systems, identify emerging risks, and comply with over 15 AI regulations and standards such as ISO 42001, NIST AI RMF, and the EU AI Act. FairNow's platform features automation for reporting, testing, and control evidencing, as well as intelligent compliance tracking and risk recommendations, helping organizations scale AI governance without increasing headcount. The platform is configurable to enforce custom AI policies, roles, and workflows, integrating with existing tools to support growing AI portfolios and evolving regulatory requirements. This positions FairNow as a leading solution for organizations seeking to adopt AI responsibly and maintain audit readiness in a complex regulatory landscape.

FairNow provides an AI governance platform designed to simplify AI oversight for organizations. The platform offers centralized management of AI systems, including internal tools, vendor models, and employee-led use cases, enabling organizations to track AI systems, identify emerging risks, and comply with over 15 AI regulations and standards such as ISO 42001, NIST AI RMF, and the EU AI Act. FairNow's platform features automation for reporting, testing, and control evidencing, as well as intelligent compliance tracking and risk recommendations, helping organizations scale AI governance without increasing headcount. The platform is configurable to enforce custom AI policies, roles, and workflows, integrating with existing tools to support growing AI portfolios and evolving regulatory requirements. This positions FairNow as a leading solution for organizations seeking to adopt AI responsibly and maintain audit readiness in a complex regulatory landscape.
What they do: AI governance platform for inventorying, assessing, monitoring, and automating compliance for AI systems
Founded / HQ: January 2023; McLean, Virginia
Team size: ~12 employees
Funding: $3.5M seed announced June 13, 2024
Standards supported: ISO 42001, NIST AI RMF, EU AI Act
AI governance, compliance, model risk management, and fairness monitoring
2023
Enterprise SaaS / AI Governance
$3,500,000.00
Round backed by a group of angel investors; two named investors listed