Fairgen
A company on a mission to solve the problem of fairness in AI.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $5.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 157 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Fairgen.ai is a pioneering startup that operates in the market research sector, leveraging advanced Generative AI technology to modernize data collection and analysis. The company collaborates with leading consumer research teams to provide deeper, more granular insights, effectively transforming the traditional survey sampling process.
Fairgen.ai's primary clients are businesses and organizations that require accurate and reliable market research data. The company's innovative technology allows these clients to increase their effective sample sizes, thus enhancing the reliability of their insights. Additionally, Fairgen.ai's technology is more cost-effective than traditional fieldwork data collection methods, offering a significant advantage to budget-conscious businesses.
The company's business model revolves around the use of its proprietary Generative AI technology. This technology can detect fraudulent and unwanted survey responses, thereby improving the reliability of the data collected. Furthermore, it can automate the creation of data analysis decks, significantly reducing the workload associated with data analysis.
Fairgen.ai generates revenue by offering its AI-powered market research services to businesses. The company's technology has been recognized for its potential to transform survey sampling, as evidenced by the endorsement from the Director of the Department of Data Sciences and Statistics at Stanford University.
Fairgen.ai has also been featured in MR News for its innovative use of AI in market research and its transformative partnership with the Ifop Group for advanced niche analysis. The company's strategic technical advisor, Professor Emmanuel Candès, provides valuable insights on the AI revolution, fairness, and governance, further enhancing the company's credibility in the AI and market research sectors.
Keywords: Generative AI, Market Research, Data Collection, Survey Sampling, Fraud Detection, Data Analysis Automation, Cost-Effective, Reliable Insights, Strategic Partnerships, AI Revolution.