Tech Company Financing Transactions

FairNow Funding Round

On 6/20/2024, FairNow landed $3.5 million in Seed funding from private investors.

Transaction Overview

Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors

private investors (Lead Investor) (Shaun Ricci)

private investors (Lead Investor) (Somen Mondal)

Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
7009 Elizabeth Dr
McLean, VA 22101
USA
Phone
Undisclosed
Email Address
Overview
On a mission to simplify AI governance, protecting organizations and individuals by promoting fairness, accountability, and responsible AI. FairNow's platform continuously monitors AI models to ensure that every model is fair, compliant, and audit-ready. FairNow equips organizations with all the AI governance tools they need to ensure global compliance and manage AI risk as the organization grows.
Profile
FairNow LinkedIn Company Profile
Social Media
FairNow Company Twitter Account
Company News
FairNow News
Facebook
FairNow on Facebook
YouTube
FairNow on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Guru Sethupathy
  Guru Sethupathy LinkedIn Profile  Guru Sethupathy Twitter Account  Guru Sethupathy News  Guru Sethupathy on Facebook
Chief Technical Officer
Steve Denton
  Steve Denton LinkedIn Profile  Steve Denton Twitter Account  Steve Denton News  Steve Denton on Facebook
VP - Marketing
Kayla Baum
  Kayla Baum LinkedIn Profile  Kayla Baum Twitter Account  Kayla Baum News  Kayla Baum on Facebook
VP - Product Management
Lisa Goldman
  Lisa Goldman LinkedIn Profile  Lisa Goldman Twitter Account  Lisa Goldman News  Lisa Goldman on Facebook


 

 

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Prev: 6/19/2024: Trustwise venture capital transaction
Next: 6/20/2024: GrayMatter Robotics venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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