Fairplay Closes $35M In Equity, Debt To Provide Revenue-Based Financing To Entrepreneurs
PRIVATEJan 18, 2022
Amount Raised
$35 Million
Round Type
Venture
New YorkFinancial ServicesSoftwareData And Analytics
Description
Mexican revenue-based investment startup Fairplay secured $35 million in Series A funding to invest in the online marketing campaigns of direct-to-consumer e-commerce brands and marketplace sellers in Latin America.
Quick answer
FairPlay raised $35 Million in a funding round, dated January 18, 2022. FairPlay is based in New York, United States.
How much did FairPlay raise?
FairPlay raised $35 Million in a funding round on January 18, 2022.
What does FairPlay do?
The company provides lenders with simple and easy-to-use tools that assess and reduce bias in lending algorithms.
Where is FairPlay based and how big is it?
FairPlay is based in New York, United States.
Source: Fundz verified event record.
Who to call at FairPlay, and when
A new round usually means FairPlay is about to hire and buy. The teams that reach out first get the meeting.
An alert the day FairPlay raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at FairPlay, from your own LinkedIn network
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Company Information
Company
FairPlay
Location
New York, United States
About
The company provides lenders with simple and easy-to-use tools that assess and reduce bias in lending algorithms. "We started using FairPlay and it's been an incredible resource. Fairplay was founded on the premise that algorithmic discrimination is a massive problem that must be solved by building modern fairness infrastructure for the Internet, to assess and lessen biases in every algorithm used to make a high-stakes decision about people's lives. The round was led by Third Prime Capital, with participation from FinVC, TTV, Financial Venture Studio, Amara, and Nevcaut Ventures. Fairplay's National Fairness Map for Black Homebuyers in 2020FairPlay is an AI fairness solution for any company that uses algorithms to make high stakes decisions about people's lives.
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Fundz sees it the moment FairPlay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.