Welcome to Fiable

We build intelligent tools that redefine how organisations assess supplier financial health, mitigate risk, and make confident project decisions.

And behind it all, a stellar team driving innovation every step of the way.

Fiable’s story

Fiable was founded in 2018 to address a growing challenge in the construction industry: limited transparency into subcontractor risk profiles before contracts are awarded, especially as insolvency rates continued to rise.

For decades, the way builders assessed the financial health of subcontractors had not changed, and was characterised by manual processes, minimal oversight and transparency, and slow turnaround times for builders who really needed to make quick decisions.

Originally named Anility, the company rebranded to Fiable in 2024 to better reflect its mission: providing clear, actionable insights into subcontractor financial viability. The new name, derived from 'financially viable,' captures the essence of what Fiable achieves for main contractors.

Today, Fiable offers a comprehensive risk intelligence platform for main contractors to assess subcontractor insolvency risk, and is empowering finance, procurement and risk teams to make even more informed decisions about their subcontractors.

PAT'S STORY

Founder’s story

I founded Fiable in 2018 after working in construction and experiencing the fallout of a subcontractor going insolvent mid-project. It was costly and disruptive, and it made me realise how little visibility builders had into the financial health of their subcontractors.

After joining an entrepreneurship program at the University of New South Wales, I left my job, and started building the first version of the product. In 2021, we became Anility, and in 2024, rebranded to Fiable to reflect our core focus on financial viability.

I didn’t come from a tech background, so I had to learn a lot from product, sales, hiring, and fundraising. What helped was a clear understanding of the problem we were solving. I’ve since stayed close to product development because I’ve lived the challenges our customers face and want to make sure we’re building something that genuinely helps.

Fiable is actually the kind of solution I wish I had back then. From the start, it was about bringing innovation to a part of the industry that hadn’t changed in decades. Our roadmap builds on that foundation, with deeper insights and industry intelligence that help teams manage counterparty risk with confidence.

OUR JOURNEY

Defining moments

From our first financial viability check to becoming a trusted partner for contractors of all sizes, Fiable’s story is one of innovation and progress.

Explore the key moments that shaped who we are today.

2018

We receive a grant from the University of New South Wales (UNSW) to transform a concept into a real solution for the industry,

2018 – 2020

The first prototype is built, which is shared with construction industry leaders from the beginning to ensure the platform is always guided by industry needs.

2021

Initially registered as Anility, we secure pre-seed funding and make our first hire with a Chief Technology Officer.

2022

Customers start joining the platform and make it standard across their due diligence process, we secure seed funding, and establish a Product Development team to continue building on our foundation.

2024

We’re now Fiable, a name that says exactly what we do: financial viability. And to keep building what the industry truly needs, we’ve launched our first Customer Advisory Board.

2025

Fiable hits major milestones:

60% of Australia’s top 10 builders join as customers, over $20B in subcontractor spend analysed, the first Industry Radar Report launches with aggregated risk insights, and a bold new look platform is released.

Beyond

Your go-to partner for market intelligence and managing counterparty risk in construction.

DRIVING REAL RESULTS

Impact to date

$23.2B

Subcontractor spend analysed

$8.1B

Spend we’ve identified as significant risk

$185.2M

Profit we’ve helped customers preserve

OUR TEAM

Our leadership team

Driven by purpose and united in building a platform that meets the evolving needs of finance, procurement, and contracting teams.

Patrick Connolly
Patrick Connolly

Patrick Connolly

Founder & CEO
Mark Russell
Mark Russell

Mark Russell

Chief Commercial Officer
Ahmad Atighech
Ahmad Atighech

Ahmad Atighech

Chief Technology Officer
Justin Pierce
Justin Pierce

Justin Pierce

Chief Operating Officer 
OUR VALUES

The principles we stand by

Integrity

We begin with a foundation of ethics and act in ways that prioritise trust and longevity in our relationships.

01

Innovation

We solve problems with creativity and continuously advance our products and solutions.

02

Resilience

We seek to learn and grow stronger from each challenge and opportunity we face.

03
SHAPING THE FUTURE TOGETHER

Customer Advisory Board

Our Customer Advisory Board (CAB) brings together decision-makers from leading construction companies to help shape Fiable’s product strategy and growth.

Members share insights, get early access to new features, and guide us on what really matters for their teams and the industry.

If you're passionate about technology, construction, and want early access to our latest innovations, we’d love to hear from you.

PARTNERS

Featured partners

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Procurement and vendor management

Procurement and vendor management platform for asset owners and general contractors.

Partner with us and grow your business

Partner with us and strengthen your existing relationships and business.

Backed by leading investors

We’re supported by investors who share our vision for greater financial transparency between companies and their suppliers.

Trusted by government panels

You’ll also find us on these procurement panels, which illustrates Fiable’s proven commitment to delivering a robust financial viability platform.

CUSTOMERS

Trusted by contractors across Australia

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Case Study
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We’re serious about data protection

Security at Fiable