Fairgen

Platform for Fixing Biased Data

Business Software
Active
Seed Tel Aviv-Yafo, Israel Founded 2022
Last updated 2026-06-18
Total raised
$10.5M
Last: 2024-05
Stage
Seed
Founded
2022
Headcount
28
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

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.

Funding history · 3 rounds · $10.5M total

Q&A

What is Fairgen's primary business?
Fairgen develops an AI-based solution that uses synthetic data generation to remove demographic biases from datasets, addressing algorithmic bias in various industries.
When was Fairgen founded?
Fairgen was founded in April 2022.
Where is Fairgen headquartered?
Fairgen is headquartered in Tel Aviv-Yafo, Israel.
What is Fairgen's total funding to date?
Fairgen has raised a total of $10,500,000 USD.
When did Fairgen complete its most recent funding round and who were the lead investors?
Fairgen completed a funding round in May 2024, with Maverick Ventures IsraeI as a lead investor.
Who are the co-founders of Fairgen?
The co-founders of Fairgen are Benny Schnaider, Samuel Cohen, and Michael Cohen. Nathan Cavaglione was also a co-founder but is no longer with the company.
Which sector does Fairgen primarily operate in?
Fairgen's primary sector is Business Software.

Team · 4

Founder · Co-founder & chairman
LinkedIn ↗
Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & COO
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision Support
Technologies
Artificial IntelligenceGenerative AI
Target customers
Enterprise & Professional ServicesEnterprisesSoftware Development
Business model
B2CB2B

Tags

artificial-intelligencesoftware-platformenterprise-solutions
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