FairPlay Raises $10M in Funding
Summary
FairPlay, a NYC-based Fairness-as-a-Service company developing tools that help companies using AI, raised $10M in funding. The round was led by Infinity Ventures, JPMorganChase, and Nyca Partners. The company intends to use the funds to expand operations and its development efforts. Led by CEO Kareem Saleh, FairPlay provides a Fairness-as-a-Service solution, helping organizations identify blind spots in their algorithms and provide automated second looks to improve decisions. It helps financial institutions, lenders, insurance carriers, and marketers, increase revenue, stay compliant with regulations, and improve financial health outcomes for consumers.
Funding
Amount
$10.0M
Total raised
Date
March 3, 2025
Announcement date
Investors
-
Lead investors
Company
http://www.getfairplay.com
Funded company
Classifications
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applications
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