Fairly AI

Fairly AI Inc.

AI GRC in a box for regulated industries.

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Last verified April 21, 2026

About Fairly AI

Fairly AI is an AI governance, risk, and compliance (GRC) platform founded in 2020 by David Van Bruwaene and Fion Lee-Madan, incubated at Accenture's FinTech Innovation Lab. Headquartered in Kitchener, Ontario with a Toronto presence, Fairly AI targets regulated industries — finance, healthcare, and government — with an on-premises or private-cloud platform that benchmarks models against internal policies and external regulations.

Framework coverage

Coverage claims documented by Fairly AI on their own materials. Chip shading reflects the strength of the claim, not an independent audit.

Capabilities

Features Fairly AI markets publicly. Inclusion means the capability is documented — not that it's best-in-class.

AI Model Inventory

Centralized registry of all AI/ML models in use across the organization, with ownership, lifecycle stage, and risk classification.

Policy Management

Authoring, versioning, and distribution of AI usage policies mapped to regulations.

Risk Assessment Workflow

Guided workflows for completing AI impact assessments, risk scoring, and approval routing.

Bias & Fairness Testing

Automated statistical testing for disparate impact across protected attributes, with audit-ready reports.

Explainability

SHAP, LIME, counterfactual, and feature-importance explanations for model decisions.

Model Monitoring

Production monitoring for performance, drift, data quality, and fairness regressions.

LLM Red Teaming

Automated adversarial testing of LLMs for jailbreaks, prompt injection, and unsafe outputs.

Audit Evidence Collection

Automated collection, hashing, and retention of evidence (model cards, test results, approvals) for audit.

Third-Party AI Vendor Risk

Intake and assessment of AI features in third-party SaaS used by the organization.

Regulatory Intelligence

Ongoing tracking of AI laws, standards, and enforcement, mapped to your model inventory.

Integrations

Documented by Fairly AI in public product materials.

  • MLflow

Pricing

On-premises or private-cloud deployments; quote-based.

Pros and cons

Pros

  • On-prem/private cloud deployment — attractive to highly regulated orgs
  • Canadian HQ useful for Canadian federal procurement
  • Deep FI and public-sector grounding

Cons

  • Smaller company — narrower support footprint than US peers
  • Marketing/brand distinguishable from FairNow but commonly confused

Alternatives to Fairly AI

Frequently asked

Is Fairly AI the same as FairNow?+

No. Fairly AI is a Canadian company founded in 2020 in Kitchener, Ontario. FairNow is a US company. Different founders, different HQ, different products.

Sources

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