
October 22, 2025 • 2 min read
Optro acquires FairNow, a purpose-built AI governance solution

Raul Villar Jr.

Optro named a market leader in AI governance and risk management

AuditBoard Recognized in G2’s 2026 Best Software Awards, Transforming Risk to Opportunity for Customers

New Survey from The IIA and AuditBoard Report Reveals Growing Awareness of AI-enabled Fraud, Varying Perception of Audit Preparedness
I’m thrilled to announce a significant milestone for Optro: the acquisition of FairNow, a purpose-built AI Governance solution. This move is a powerful acceleration of our commitment to delivering the most comprehensive, AI-powered connected risk platform.
FairNow’s innovative solutions integrate seamlessly with Optro’s robust foundation of AI-driven workflows and continuous monitoring. This combination creates a truly end-to-end platform for managing risk, with expanded capability in the fast-emerging and critical domain of AI governance. FairNow automates compliance with global frameworks, such as NIST AI RMF and ISO 42001, directly addressing the "execution gap" we highlighted in our recent Risk Intelligence Report, where we found that fewer than 30% of leaders felt prepared for AI governance requirements.
FairNow’s technology offers an elegant solution to this problem, helping Optro do what we do best: empower our customers to build and deploy trustworthy AI with confidence and compliance. We welcome the FairNow team and look forward to building the future of connected risk together.
See how Accelerate, Optro’s powerful new AI solution, can help your team move faster, deliver strategic insights, and foster organizational resilience.
About the authors

Raul Villar Jr. is the CEO of Optro. He joins Optro following a highly successful tenure as CEO of Paycor, a prominent human capital management software company.
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