Fairgen

Platform for Fixing Biased Data

Startup

Fairgen is a Tel Aviv-Yafo-based startup in the Business Software sector, established in 2022. Platform for Fixing Biased Data. The company has raised a total of $10.5M across 3 funding rounds, currently at the Seed stage. Fairgen was founded by Benny Schnaider, Samuel Cohen, Michael Cohen, Nathan Cavaglione. Key investors include Maverick Ventures IsraeI, IGNIA, Tal Ventures, among 8 total investors. The company has 11-50 employees. Core technologies: Artificial Intelligence, Generative AI.

With $10.5M in total funding, Fairgen is a Seed-stage company operating in Business Software. The company follows a B2C/B2B business model. Product stage: Released.

$10.5M
Raised
3
Rounds
8
Investors
4
Team
2022
Founded
Sector & Technology
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportArtificial IntelligenceGenerative AI
At a Glance
Investors

8 investors total

Founders
In the News

3 articles covered by sources including www.calcalistech.com, www.tech12.co.il.

www.calcalistech.com · May 9, 2024
Fairgen raises $8 million Seed round for accurate AI-generated survey responses | CTech
Read article ↗
Frequently Asked Questions
What does Fairgen do?

Fairgen develops an AI-based solution for tackling algorithmic bias data collected in a biased society where discrimination exists. The company's solution targets this long-standing problem through an AI-powered technology, synthetic data generation, which can remove demographic biases from datasets. Fairgen's software meets the fast-increasing needs for fairness in many industries, from banking and insurance to recruitment, polling, and more.

How much funding has Fairgen raised?

Fairgen has raised $10.5M in total funding across 3 rounds. The company is currently at the Seed stage. Key investors include Maverick Ventures IsraeI, IGNIA, Tal Ventures.

Who founded Fairgen?

Fairgen was founded in 2022 by Benny Schnaider (Co-founder & chairman), Samuel Cohen (Co-founder & CEO), Michael Cohen (Co-founder & COO), Nathan Cavaglione (Co-founder (No longer with the company)).

What sector is Fairgen in?

Fairgen operates in Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, with core technologies in Artificial Intelligence, Generative AI. Target customers: Enterprise & Professional Services, Enterprises, Software Development.

Where is Fairgen located?

Fairgen is based in Aluf Kalman Magen St 3, Tel Aviv-Yafo, Israel, Center District.

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