FairVC helps venture capital firms comply with California's Fair Investment Practices by Venture Capital Companies Law (Corp. Code section 27500). Manage demographic surveys, track responses, and generate DFPI-compliant reports.
The Fair Investment Practices by Venture Capital Companies Law (Corp. 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.
Beginning in 2026, covered entities must annually submit a Venture Capital Demographic Data Report to the Department of Financial Protection and Innovation (DFPI), including aggregated and anonymized demographic data. Reports are publicly available on the DFPI website.
FairVC automates the entire compliance workflow: survey distribution, encrypted data collection, diversity calculations, and PDF report generation matching the official DFPI template.