Govern your AI and automate GRC for EU AI Act and ISO 42001 compliance
EU AI ActISO/IEC 42001NIST AI RMF
Fairly AI
AI governance, risk and compliance with rapid audits, now operating as Asenion
What Fairly AI does
Fairly AI is a Kitchener-Waterloo, Canada-based AI governance, risk, and compliance company known for compressing lengthy AI audit and review processes into much faster, largely automated workflows. Founded in 2020 by David Van Bruwaene and Fion Lee-Madan (with research roots going back to 2015), Fairly AI targeted regulated industries such as finance, healthcare, and government, helping them build 'regulation-ready' AI aligned to frameworks including the EU AI Act, NIST AI RMF, and ISO/IEC 42001. Its differentiator was speed: a policy-as-code and automated-controls approach that turns weeks- or months-long model risk reviews into minutes, with guardrails and approval workflows for both traditional models and generative AI. In June 2025, Fairly AI acquired Sweden's Anch.AI and the combined company relaunched under a new brand, Asenion, named in reference to Asimov's laws of robotics, uniting Fairly AI's rapid audit engine with Anch.AI's ethical and policy-alignment frameworks. For directory purposes, Fairly AI's technology and team now operate as Asenion; new buyers should evaluate that brand. Fairly AI's legacy is as a governance vendor that prioritized automation and speed of assurance for compliance-driven organizations.
Key capabilities
- Rapid automated AI audits
- Policy-as-code controls
- AI risk and compliance workflows
- Generative AI guardrails
- Framework mapping and evidence
- Approval and review workflows
Best for
Regulated organizations wanting to dramatically speed up AI model audits and controls; current buyers should evaluate the successor brand, Asenion.
Limitations
Now operating as Asenion following its 2025 merger with Anch.AI, so the standalone Fairly AI brand is effectively retired and its funding scale was modest relative to larger competitors.
Framework coverage
| Framework | Type | Supported |
|---|---|---|
| EU AI Act | Regulation | Yes |
| NIST AI RMF | Voluntary framework | Yes |
| ISO/IEC 42001 | Certifiable standard | Yes |
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AI Governance Tool Selection Kit
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