FairNow
Track on RadarAcquired by Optro · 2025 · news
AI governance platform for compliance with global AI regulations and standards.
- Total raised
- $3.5M
- Employees
- 2
- Founded
- 2023
- Momentum
- —
Data updated August 2026
About
About FairNow
At a glance
FairNow is a cybersecurity company specializing in AI Security, founded in 2023 and headquartered in McLean, United States. It has raised $3.5M in total funding, employs about 2 people, and was acquired by Optro in 2025.
FairNow provides an AI governance software platform designed to help organizations manage, monitor, and demonstrate compliance for their AI systems. The platform targets two primary audiences: enterprises deploying AI systems (including third-party vendor AI) and organizations that build AI products. Core platform capabilities include: - AI Inventory Management: An intelligent registry that tracks all AI systems in use, with automated risk flagging and ongoing regulatory alerts for each system. - Compliance Automation: Automated evidencing and step-by-step guidance for aligning with 25+ AI regulations and standards, including ISO 42001, NIST AI Risk Management Framework (AI RMF), the EU AI Act, NYC Local Law 144, and the Colorado AI Act (SB-205). - Governance Workflow: Centralized tools for collaborating across stakeholders, automating manual governance tasks, and managing AI approval workflows. - Bias Testing and Transparency Documentation: Automated generation of transparency documentation and continuous bias testing capabilities. - Third-Party AI Evaluation: Tools for assessing vendor-supplied AI systems against governance and compliance requirements. FairNow also offers advisory and audit services, including bias audits and assistance in building AI governance programs. The platform integrates with existing MLOps, GRC, and workflow tools. Customers include Johnson & Johnson, Dayforce, and several HR technology companies. The company positions its platform for use by both compliance and risk teams as well as AI developers seeking to demonstrate responsible AI practices to customers.
Momentum
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Valuation
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Products
FairNow's products
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FAQ
Frequently asked questions about FairNow
When was FairNow founded?▾
FairNow was founded in 2023.
Where is FairNow headquartered?▾
FairNow is headquartered in McLean, United States.
How much funding has FairNow raised?▾
FairNow has raised a total of $3.5M in total funding.
Is FairNow public or private?▾
FairNow is a privately-held company.
How many employees does FairNow have?▾
FairNow has approximately 2 employees.
What does FairNow do?▾
FairNow provides an AI governance software platform designed to help organizations manage, monitor, and demonstrate compliance for their AI systems. The platform targets two primary audiences: enterprises deploying AI systems (including third-party vendor AI) and organizations that build AI products…