Tuesday, July 19, 2022

FairPlay Gets $10M

Los Angeles-based FairPlay, a developer of artificial intelligence software aimed at reducing "algorithmic bias" in lending for people of color, women and other historically disadvantaged groups, announced this morning that it has raised $10M in its Series A funding. The funding was led by Nyca Partners, and also included Cross River Digital Ventures, Third Prime, Fin Capital, TTV, Nevcaut Ventures, Financial Venture Studio and Jonathan Weiner. Kareem Saleh is the Founder and CEO of FairPlay. More information »