BABL AI vs FairNow

BABL AI is an audit firm specializing in independent third-party audits of AI systems for ethical, safety, compliance, liability, and reputational risks. It offers AI audits aligned with regulations like NYC Local Law 144, EU AI Act preparation, ISO 42001 certification, and others including Digital Services Act and EEOC. The firm conducts documentation reviews, stakeholder interviews, and bias testing without software integrations. BABL AI also provides Responsible AI consulting, online certification programs for AI auditors, and research through The Algorithmic Bias Lab. Typical buyers include HR/recruiting firms like iCIMS and HackerRank needing compliance assurance for employment AI tools.

FairNow offers an end-to-end AI governance platform that centralizes AI system inventory, automates risk assessments, compliance workflows, and regulatory monitoring with real-time alerts. It targets enterprises building or using AI in regulated areas like financial services and HR, providing harmonized controls across 25+ global regulations and standards. The platform distinguishes itself through purpose-built automations for bias testing, evidence collection, model cards, and audit readiness, reducing manual efforts compared to general GRC tools. Acquired by AuditBoard in 2025, it integrates AI-specific governance into broader risk management.