FairNow
Founded Year
2023Stage
Convertible Note | AliveTotal Raised
$4.15MValuation
$0000Last Raised
$650K | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+140 points in the past 30 days
About FairNow
FairNow is a company focused on AI governance within the technology sector. It offers a platform that monitors AI models for compliance and risk management, serving organizations that build, buy, and deploy AI solutions. It was founded in 2023 and is based in McLean, Virginia.
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FairNow's Products & Differentiators
FairNow
FairNow is an AI governance platform built for compliance, risk, and security leaders. It centralizes oversight of internal and third-party AI systems—enabling inventory management, risk assessments, and documentation in one place. FairNow automates compliance with 38+ global frameworks, including ISO/IEC 42001, the EU AI Act, and U.S. state laws. Built for high-risk use cases, it supports continuous bias testing, fairness audits, and domain-specific LLM evaluation. AI agents streamline documentation, reviews, and governance workflows—reducing manual overhead. From vendor onboarding to policy enforcement, FairNow provides the controls and coordination tools needed to manage AI at scale—with precision and audit-ready confidence.
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Expert Collections containing FairNow
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
FairNow is included in 1 Expert Collection, including Artificial Intelligence.
Artificial Intelligence
10,195 items
Latest FairNow News
Jul 24, 2025
News provided by Share this article Share toX Purpose-built to govern AI at the application level, FairNow helped to simplify Cielo's pre-audit process—centralizing risks, controls, and documentation in one system. WASHINGTON, July 24, 2025 /PRNewswire/ -- Cielo, the world's leading Talent Acquisition Partner, announced today that it has achieved ISO/IEC 42001 certification, the first international standard for managing artificial intelligence systems. Cielo achieved the certification with the support of FairNow's AI Governance Platform —leveraging the technology to bring structure and simplicity to its AI governance program. As part of its ongoing commitment to responsible AI use, Cielo sought ISO 42001 certification to strengthen the governance of more than 50 AI systems across its enterprise. These systems include internally developed solutions and third-party AI tools embedded in hiring workflows. ISO 42001 provides a framework for governing AI at the organizational and application levels, enabling companies to manage risk, improve transparency, and demonstrate compliance with emerging regulations. "AI governance presents unique challenges that don't fit neatly into traditional InfoSec GRC tools," said Gevangee Desai, Vice President – Information Security Compliance at Cielo. "FairNow's platform is purpose-built for this complexity. It allowed us to build a robust AIMS that not only achieved ISO 42001 certification but is also flexible enough to incorporate additional standards, like the EU AI Act, as we continue to mature our program. The clarity and direction FairNow provided significantly accelerated our path to certification." FairNow's platform supported Cielo's existing governance, by offering a solution that specifically governs AI at the application and use-case level. The platform provides application-level risk assessment, auditor-aligned controls, and continuous compliance. For ISO 42001 , FairNow translates abstract requirements into actionable templates, role assignments, and pre-audit documentation—validated through alignment with auditors. "ISO 42001 and AI governance are new and complex for most organizations," said Guru Sethupathy, CEO of FairNow. "We helped Cielo move quickly to implement a robust AI governance program. Their commitment to responsible AI is genuine, and their customers can trust that." FairNow's platform continues to enable Cielo post-certification with governance processes for new and existing AI systems. The platform's regulatory tracker helps Cielo stay aligned with evolving AI laws globally, while ongoing testing and documentation are now built into product and vendor workflows. With ISO 42001 certification, Cielo becomes one of the first global talent solutions providers to operationalize AI governance at scale—setting a new benchmark for trust and accountability in hiring technology. About FairNow, Inc. FairNow is an AI governance platform that helps organizations ensure their AI is trustworthy. Companies use FairNow to automate AI compliance tasks, align with global frameworks including ISO 42001 and NIST AI RMF, and ensure every AI system — internal or third-party — is governed from day one. Press Contact:
FairNow Frequently Asked Questions (FAQ)
When was FairNow founded?
FairNow was founded in 2023.
Where is FairNow's headquarters?
FairNow's headquarters is located at 7009 Elizabeth Drive, McLean.
What is FairNow's latest funding round?
FairNow's latest funding round is Convertible Note.
How much did FairNow raise?
FairNow raised a total of $4.15M.
Who are the investors of FairNow?
Investors of FairNow include Brent Celek, Sasha Schrode, Nicole Hantas Emanuel, Matt Wallach, Richard Green and 5 more.
Who are FairNow's competitors?
Competitors of FairNow include Vanta, Modulos, U-Rec, Validaitor, Credo AI and 7 more.
What products does FairNow offer?
FairNow's products include FairNow.
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Compare FairNow to Competitors

Credo AI offers a platform that automates artificial intelligence (AI) oversight, risk management, and regulatory compliance to facilitate responsible AI adoption. Credo AI's services include AI auditing to ensure system integrity and fairness, as well as educational workshops to empower teams in AI governance practices. It was founded in 2020 and is based in Palo Alto, California.

Fairly AI specializes in AI governance, risk, and compliance management within the technology sector. It offers a continuous monitoring platform that applies policies, testing, and reporting to manage enterprise AI models effectively. Its solutions are designed to ensure AI systems are safe, secure, and compliant with relevant policies and regulations. It was founded in 2015 and is based in Kitchener, Canada.

Holistic AI specializes in artificial intelligence (AI) governance, risk, and compliance for various business sectors. The company offers products that enable enterprises to manage and audit their AI systems, ensuring ethical use, regulatory compliance, and risk mitigation. Holistic AI primarily serves sectors such as consumer goods, technology, insurance, financial services, and human capital management. It was founded in 2020 and is based in London, United Kingdom.
Suzan AI specializes in artificial intelligence (AI) governance, risks, compliance, and security within the technology sector. The company offers an intuitive management system for mapping, complying with, and managing AI risks, as well as tools for ensuring the security and privacy of data when deploying AI solutions. Its solutions serve businesses looking to align their AI systems with global regulations and standards. It was founded in 2023 and is based in Paris, France.

Vals AI evaluates language models within the context of industry-specific tasks, operating in the artificial intelligence and machine learning sectors. The company assesses the performance of language models on tasks relevant to finance, law, and medicine, providing information on their effectiveness for applications. Vals AI's benchmarks are used for model performance reporting and task-specific evaluation. It was founded in 2024 and is based in San Francisco, California.
Validaitor specializes in AI governance, red-teaming, and compliance management within the artificial intelligence sector. The company offers a platform that provides tools for AI auditing, testing, and compliance with global AI regulations and standards. Validaitor primarily serves sectors that require robust governance and compliance frameworks, including but not limited to healthcare, manufacturing, and finance. It was founded in 2022 and is based in Karlsruhe, Germany.
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