Fairplay Raises $4.5M In Seed Funding To Launch Worldwide "Fairness-As-A-Service" Solution For Algorithmic Bias
Amount Raised
$4.5 Million
Round Type
Seed
New YorkFinancial ServicesSoftwareData And AnalyticsDescription
FairPlay, the world's first "Fairness-as-a-Service'' solution for algorithmic decision-making, today announced that they have raised $4.5M in seed investment funding. The round was led by Third Prime Capital, with participation from FinVC, TTV, Financial Venture Studio, Amara, and Nevcaut Ventures.
Quick answer
FairPlay raised $4.5 Million in a Seed round, dated November 15, 2021. FairPlay is based in New York, United States.
- How much did FairPlay raise?
- FairPlay raised $4.5 Million in a Seed round on November 15, 2021.
- 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 else raised in Financial Services and Data And Analytics around the same time
Companies in the same sectors as FairPlay that raised within 45 days of this round, from Fundz verified event records.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- Haystacks.Ai raised $5M (Seed) on December 16, 2021.
- Wispr AI raised $4.6M (Seed) on November 30, 2021.
- National Multiple Sclerosis Society raised $15M (Series B) on November 22, 2021.
- Intelligo raised $22M on November 15, 2021.
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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Fundz sees it the moment FairPlay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
FairPlay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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