The Canadian AI Index

Founders / Fion Lee-Madan

Fion Lee-Madan

Fion Lee-Madan is the co-founder and COO of Fairly AI, an enterprise SaaS AI company based in Kitchener-Waterloo. Fion Lee-Madan co-founded Fairly AI with David Van Bruwaene. Fairly AI had raised C$2.6M across 2 rounds as of November 2026, most recently a C$300K grant in December 2025 from FedDev Ontario.

Co-founder & COO of Fairly AI.

LinkedIn@fionleemadan

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Fairly AI

AI governance, risk and compliance management platform for teams building and deploying AI systems.

Role
Co-founder & COO
HQ
Kitchener-Waterloo, ON
Founded
2020
Status
Active
Disclosed raised
C$2.6M
Latest round
Grant, Dec 17, 2025
Website
asenion.ai

Co-founders: David Van Bruwaene

Investors: FedDev Ontario, Flying Fish Partners, Backstage Capital, X Factor Ventures, Loyal VC, NEXT Canada

Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.

Data as of November 10, 2026.

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