Polsinelli congratulates its client Fairnow, on its $3.5 million Series Seed financing. Fairnow is a leading McLean, Virginia-based provider of AI governance software.

The financing was led by Somen Mondal and Shaun Ricci among a diverse group of angel investors, entrepreneurs, and executives in AI, HR, and financial services. The financing will help Fairnow accelerate its mission of equipping enterprises with a governance platform that manages AI-related business and regulatory risks.

More information about the financing can be obtained from Fairnow’s announcement.

The Polsinelli Venture Capital and Emerging Growth Companies team involved in the transaction included Prithvi Tanwar and Sugeiry Betances.