Optro AI Governance (formerly FairNow)
Optro (formerly AuditBoard), which acquired FairNow; fairnow.ai redirects to Optro's AI governance product page · optro.ai · Last checked:
- Module of a GRC suite
- AI governance
- Third-party AI risk
Company status
Active, privately held. AuditBoard rebranded as Optro on March 9, 2026; the release says the company had recently announced its acquisition of FairNow, an AI governance solution. FairNow's former site now redirects to Optro.
Sources 1, 2, 3, 4 · checked 2026-11-08
Capabilities
- AI inventory of models, agents, and third-party apps from intake to production, with data inputs, ownership, and risk classification; surfaces unauthorized AI
- Automated risk score recommendations linked to controls and frameworks
- Pre-built mappings for ISO 42001, EU AI Act, NIST AI RMF, and others (25+ frameworks stated) with evidence evaluation and harmonized controls
- Intake agent that drafts answers from existing documents for human approval
- Third-party AI risk assessments across vendor onboarding and ongoing monitoring
Sources 1, 2, 3, 4 · checked 2026-11-08
Who it tends to fit
- Audit, risk, and compliance teams already using Optro (AuditBoard) for GRC
- Organizations that want AI risk in the same control library as SOX, IT, and vendor risk
Sources 1, 2, 3, 4 · checked 2026-11-08
Pricing
Contact vendor (request a demo)
Sources 1, 2, 3, 4 · checked 2026-11-08
Published certifications
Trust Center says the application is hosted on infrastructure meeting FedRAMP Moderate requirements; that is not a FedRAMP authorization for Optro, so it is not counted. ISO 42001 not listed.
Listed as stated by the vendor. Scope can differ by product or subsidiary; request current reports.
Sources 1, 2, 3, 4 · checked 2026-11-08
Limitations to check
- No public pricing
- AI governance is one product in a broader GRC platform; confirm packaging and licensing
- Recent rebrand and acquisition; confirm roadmap for former FairNow customers and features
Sources 1, 2, 3, 4 · checked 2026-11-08
Sources
- AI inventory, risk scoring, 25+ frameworks, intake agent, third-party AI riskoptro.ai/product/ai-governanceChecked 2026-11-08
- March 9, 2026: AuditBoard rebranded as Optro; recently announced acquisition of FairNowoptro.ai/blog/meet-optro-auditboard-unveils-new-identity-as-ai-transforms-grcChecked 2026-11-08
- Trust Center badges: SOC 2 Type II, SOC 1 Type II, ISO 27001, HIPAA, TX-RAMP; hosting on FedRAMP Moderate infrastructuretrust.optro.ai/Checked 2026-11-08
- fairnow.ai returns a 301 redirect to Optro's AI governance pagefairnow.ai/Checked 2026-11-08
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