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§ Private Profile · Tel Aviv, Tel Aviv, Israel
AI startup developing bias detection and mitigation tools for machine learning algorithms using generative AI and synthetic data.
Based in Tel Aviv-Yafo, Israel, Fairgen develops bias detection and mitigation software that utilizes generative artificial intelligence and synthetic data to improve machine learning algorithms. The enterprise platform provides synthetic sample boosters that allow market research organizations to correct inherent algorithmic biases and generate highly scalable, representative datasets for their analytical models. The startup recently demonstrated its core technology in collaboration with the global insights firm Big Village, successfully scaling a United States demographic research dataset from 50,000 to 100,000 interviews. Currently operating with a team of five employees, the company secured $2.5 million in seed funding in May 2022 through a financing round backed by lead investors Tal Ventures and Creator Fund. Fairgen was founded in 2021 by chief executive officer Samuel Cohen, chief technology officer Nathan Cavaglione, and vice president of sales Michael Cohen.
Fairgen has raised $8.0M across 1 funding round.
Fairgen has raised $8.0M in total across 1 funding round.
Fairgen has raised $8.0M in total across 1 funding round.
Fairgen's investors include Michel Abadi, Creator Fund, IGNIA, Tal Ventures.
Fairgen has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in May 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 9, 2024 | $8M Seed | Michel Abadi | Creator Fund, IGNIA, TAL Ventures | Announced |