The DFPI has suspended FIPVCC implementation and enforcement pending completion of rulemaking. The April 1, 2026 registration and reporting deadlines will not be enforced. We are closely monitoring the situation and will reach out with platform updates as regulations develop. Read the official DFPI notice →
The privacy-first FIPVCC compliance platform.
FairVC helps venture capital firms meet FIPVCC reporting requirements while keeping founder data private by design. Founder names and emails are never stored. Responses are encrypted and kept separate from your operational data. Reports show only aggregate statistics — so you can report to the DFPI without ever exposing who said what.
Demographic data — race, gender, sexual orientation, disability, veteran status — is among the most sensitive personal information. FairVC's architecture was designed from the ground up so this data can never be linked back to individuals.
Your business data and demographic responses are kept in completely separate systems. Founder names and emails are never stored — so no single breach can link demographics to individuals.
Founder email addresses and names are never saved anywhere. They are used only to send the survey invitation and then immediately discarded. Activity logs use anonymous labels like “Founder 1 at Company X.”
Every demographic field — gender, race, LGBTQ+ status, disability, veteran status — is individually encrypted using the same standard trusted by financial institutions and government agencies.
Individual survey responses are never exposed — not to VC firms, not in DFPI reports, not anywhere. Reports contain only aggregate counts and percentages. No one can see how any individual responded.
Hosted on certified, audited cloud infrastructure with automatic HTTPS, DDoS protection, and encrypted connections. Your data is protected at every layer.
Every compliance action is logged — survey sends, responses, report generation — without recording any personal information. Audit entries use anonymous labels, never real names or emails.
The Fair Investment Practices by Venture Capital Companies Law (FIPVCC), codified at California Corporations Code section 27500 et seq., requires covered venture capital companies with a California nexus to collect voluntary demographic data from founding team members of businesses they invest in.
The law takes effect on March 1, 2026. Beginning that date, covered entities must offer founding team members a voluntary demographic survey collecting data on race and ethnicity, gender identity, sexual orientation (LGBTQ+ status), disability status, and veteran status. Participation is entirely voluntary — founders may decline without consequence.
By April 1, 2026, and annually thereafter, covered firms must submit a Venture Capital Demographic Data Report to the California Department of Financial Protection and Innovation (DFPI). Reports contain only aggregated and anonymized data — individual responses are never disclosed. Reports are made publicly available on the DFPI website.
FairVC automates the entire compliance workflow: sending surveys, securely collecting and encrypting responses, calculating diversity metrics, and generating a PDF report matching the official DFPI template — all while keeping founder identities private.
No. Founder names and email addresses are used only to deliver the survey invitation and are immediately discarded. FairVC never saves personal contact information to any database — so there is nothing to leak, even in a worst-case scenario.
All survey responses are encrypted using bank-grade encryption and stored separately from your operational data. No single point of compromise can expose sensitive information. Only aggregate statistics are ever used in reports.
Yes. FairVC produces a PDF matching the official DFPI Venture Capital Demographic Data Report template, ready for submission. The report contains only aggregate statistics — no individual-level data ever appears.