Vendor profileChecked Nov 8, 2026

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

  • SOC 2 Type II
  • SOC 1 Type II
  • ISO 27001
  • HIPAA (listed as a badge in Trust Center)
  • TX-RAMP

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

  1. AI inventory, risk scoring, 25+ frameworks, intake agent, third-party AI riskoptro.ai/product/ai-governanceChecked 2026-11-08
  2. 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
  3. 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
  4. fairnow.ai returns a 301 redirect to Optro's AI governance pagefairnow.ai/Checked 2026-11-08

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