Fairly AI

Fairly AI is an AI governance and compliance automation platform that helps organizations ensure their artificial intelligence systems are fair, transparent, and compliant with evolving regulatory requirements. Founded in 2020 and headquartered in Toronto, Canada, Fairly AI focuses on making AI governance accessible to organizations of all sizes, from small and medium-sized businesses to large enterprises, with a particular emphasis on bias detection and regulatory compliance tracking. The platform's core capabilities center on automated bias testing and fairness assessments that evaluate AI models across multiple dimensions including demographic parity, equalized odds, and disparate impact. Fairly AI enables organizations to identify potential bias in their AI systems before deployment and continuously monitor for fairness drift in production. These capabilities are particularly valuable for organizations deploying AI in sensitive domains such as lending, hiring, insurance, and healthcare, where biased outcomes can have significant legal and reputational consequences. Fairly AI supports compliance mapping to major regulatory frameworks including the EU AI Act, NIST AI Risk Management Framework, and Canadian AI governance frameworks such as the proposed Artificial Intelligence and Data Act (AIDA) and Canada's Directive on Automated Decision-Making. The platform includes a regulatory tracking feature that monitors legislative developments across jurisdictions, alerting organizations to new requirements that may affect their AI systems. This proactive approach to regulatory monitoring helps organizations stay ahead of compliance requirements rather than reacting after regulations take effect. The platform is delivered as a cloud-based solution with an intuitive interface designed to be used by compliance professionals and data scientists alike. Fairly AI provides pre-built assessment templates that accelerate the governance process and standardize evaluations across an organization's AI portfolio. The company also offers consulting services to help organizations develop their AI governance strategies and implement best practices. As a smaller and newer company in the AI governance space, Fairly AI has a more limited track record compared to established competitors, and its ecosystem of integrations is still growing. However, its focus on accessibility, built-in bias testing, and regulatory tracking capabilities make it a compelling option for organizations that want to get started with AI governance without the complexity and cost typically associated with enterprise platforms.