Modulos vs FairNow

Both compete in Policy, Compliance & GRC. Modulos positions itself as “Automated AI governance and EU AI Act compliance workflow management”, while FairNowleads with “End-to-end AI governance with registry, risk assessment and automated compliance”. The table below compares what each publishes.

Where Modulos pulls ahead

European and EU-facing organizations that need to operationalize EU AI Act conformity and connect governance to their MLOps/LLMOps stack.

Where FairNow pulls ahead

Publishes support for Colorado SB 205, which Modulos does not. Teams wanting guided, automated compliance for specific AI regulations, now especially attractive to organizations already using AuditBoard's GRC platform.

Both map to EU AI Act, NIST AI RMF, ISO/IEC 42001, so framework coverage alone will not separate them — the decision usually comes down to who operates the tool and how it fits your existing stack.

	Modulos	FairNow
Positioning	Automated AI governance and EU AI Act compliance workflow management	End-to-end AI governance with registry, risk assessment and automated compliance
Category	Policy, Compliance & GRC	Policy, Compliance & GRC
Frameworks	EU AI Act, NIST AI RMF, ISO/IEC 42001	EU AI Act, NIST AI RMF, ISO/IEC 42001, Colorado SB 205
Deployment	SaaS, Cloud, API	SaaS, Cloud
Built for	Compliance, Risk, GRC, Data Science / ML	GRC, Compliance, Risk, Legal
Founded	2018	2023
Headquarters	Zurich, Switzerland	McLean, USA
Ownership	Independent	Acquired by AuditBoard (2025)
Funding	CHF 8.7M pre-Series A (2025); ~CHF 16.4M total	~$4.15M raised before acquisition
Pricing	Custom / enterprise	Custom / enterprise
Key capabilities	AI use-case risk classification EU AI Act conformity workflows Control implementation and evidence management AI-agent assisted monitoring MLOps/LLMOps integration Compliance reporting	Centralized AI registry Dynamic, use-case-based risk assessments Automated step-by-step compliance guidance Bias and model risk monitoring Regulatory framework mapping Governance reporting
Integrations	MLOps and LLMOps tools, Auditing infrastructure, Cloud platforms	AuditBoard connected-risk platform, Cloud environments, Model and HR-tech systems
Notable customers	None published	None published
Best for	European and EU-facing organizations that need to operationalize EU AI Act conformity and connect governance to their MLOps/LLMOps stack.	Teams wanting guided, automated compliance for specific AI regulations, now especially attractive to organizations already using AuditBoard's GRC platform.
Limitations	Strong EU-regulatory orientation may be more than non-EU buyers require, and as a younger, smaller-funded vendor its ecosystem and reference base are still maturing.	Following the AuditBoard acquisition its roadmap and availability are tied to that platform, which may reduce appeal for buyers seeking a standalone, vendor-neutral governance tool.

Which should you shortlist?

Choose Modulos if european and EU-facing organizations that need to operationalize EU AI Act conformity and connect governance to their MLOps/LLMOps stack.

Choose FairNow if teams wanting guided, automated compliance for specific AI regulations, now especially attractive to organizations already using AuditBoard's GRC platform.

Neither is a substitute for a governance program. Whichever you pick, you still need people who can define the policies the tool enforces.

Full Modulos profile →Full FairNow profile →

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