Lumenova AI

Lumenova AI is an AI governance platform with particularly strong bias assessment and fairness testing capabilities, designed to help organizations manage the risks associated with deploying artificial intelligence systems. Founded in 2021 and headquartered in Toronto, Canada, Lumenova AI serves small-to-medium businesses and mid-market organizations that need a comprehensive yet affordable approach to responsible AI. The platform provides a centralized AI governance hub where organizations can inventory their AI systems, assess risks, conduct bias evaluations, and maintain compliance documentation. Lumenova's bias testing module allows users to upload model data and run fairness assessments across multiple protected attributes simultaneously, generating detailed reports that highlight areas of concern and provide severity ratings. The platform supports a wide range of fairness metrics and allows organizations to customize thresholds based on their specific regulatory requirements and risk appetite. One of Lumenova AI's key strengths is its alignment with international AI governance frameworks. The platform maps directly to the EU AI Act risk categories, the NIST AI Risk Management Framework, the Canadian Directive on Automated Decision-Making, and ISO 42001 standards. This multi-framework approach is particularly valuable for organizations operating across jurisdictions that must satisfy multiple regulatory regimes simultaneously. Lumenova's approach to bias assessment goes beyond statistical metrics to include contextual fairness analysis, where the platform considers the real-world impact of model decisions on different demographic groups. The platform also provides a model risk assessment workflow that considers bias as one component of overall AI risk, alongside factors like transparency, robustness, and accountability. The platform's pricing model is designed to be accessible to smaller organizations, with tiered plans that scale based on the number of AI models being governed. This positioning fills an important gap in the market, as many AI governance tools are priced exclusively for large enterprises. Lumenova AI also offers guided onboarding and templates that help organizations new to AI governance get started quickly without requiring extensive internal expertise in fairness testing or regulatory compliance.