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Fairly AI Analysis: $1.7M Raised

What is Fairly AI?

Fairly AI specializes in governance, risk, and compliance management for AI systems. Their platform uniquely integrates technology and policy expertise to bridge the AI oversight gap. This approach enables organizations to adopt AI responsibly and securely, ensuring compliance with regulations.

HQ Country
Kitchener, Canada
Employees
11-50
Founded
2020
Industry
SaaS, AI/ML, Privacy Tech

Product Features & Capabilities

  • AI Governance solutions for reliable AI systems
  • AI Risk Management throughout the AI lifecycle
  • AI Compliance with regulations and ethical guidelines
  • EU AI Act compliance tools
  • Mental Health AI auditing solutions.

How much Fairly AI raised

Seed Round - $1.7 million

April 2023
Lead Investor: Flying Fish Partners, Backstage Capital, X Factor Ventures, Loyal VC, NEXT Canada, several unnamed strategic angels

Financial Overview

$1.7MTotal Raised
Seed Round$1.7 million
April 2023
Investors: Flying Fish Partners, Backstage Capital, X Factor Ventures, Loyal VC, NEXT Canada, several unnamed strategic angels
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