FairNow, a McLean, VA-based AI governance software provider, secured $3.5M in Seed funding.

The round was spearheaded by investors Somen Mondal and Shaun Ricci.

The funds will facilitate the expansion of operations and development initiatives.

Helmed by CEO Guru Sethupathy and COO Lisa Goldman, FairNow offers a platform tackling AI regulatory risks and aims to educate enterprises on compliance and building trust.