Fiable’s story
Fiable was founded in 2018 to address a growing challenge in the construction industry: limited transparency into vendor delivery risk profiles before contracts are awarded, especially as insolvency rates continued to rise.
For decades, the way builders assessed the financial health of vendors 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 vendor 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 vendor insolvency risk, and is empowering finance, procurement and risk teams to make even more informed decisions about their vendors.
Defining moments
Explore the key moments shaping who we are today, as we continue to be a trusted partner for contractors of all sizes.
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 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.
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 vendor spend analysed, the first Industry Radar Report launches, and a bold new look platform is released.
2026
We launched the Contract Readiness Assessment, introduced the Fiable Score™ to redefine vendor risk evaluation, and expanded internationally with our first UK customers.
Beyond
Your go-to partner for vendor delivery risk and due diligence across the built environment.
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.
Impact to date
$35B
Vendor spend analysed
$11.7B
Spend we’ve identified as significant risk
$141.1M
Profit we’ve helped customers preserve
Executive leadership team
Driven by purpose and united in building a platform that meets the evolving needs of finance, procurement, and contracting teams.
Justin Pierce
Justin leads Fiable’s operations, evaluations, data, and HR organisations, with a strong focus on unlocking the full potential of the platform’s data to drive insights.
He brings over 20 years of experience in strategy, data, and transformation, having held senior leadership roles at illion and Dun & Bradstreet. There, he spearheaded data & analytics, product strategy, and change management divisions, driving large-scale transformation.
At Fiable, Justin combines deep domain expertise with an interest in how data is shaping the company’s strategic direction.
Ahmad Atighechi
As Fiable’s first hire, Ahmad laid the foundation for our technology and has since scaled the product development team, setting a high bar for technical excellence.
Before joining Fiable, he held senior leadership roles at prominent tech companies including Telstra Purple, where he led product architecture and engineering.
With over 25 years of experience across diverse software and engineering disciplines, Ahmad is an accomplished software engineer whose expertise continues to shape Fiable’s product suite.
Mark Russell
Mark leads the customer, product and revenue organisations at Fiable. His goal is to help every construction company access subcontractor risk intelligence and create a platform that customers love.
Mark held multiple executive positions at illion, directing their sales, customer success and marketing functions, where he built high-performing teams and a strong track record of continuous growth.
Bringing over two decades of experience across account management, sales, and strategy, Mark is leading Fiable’s next stage of scale and growth.
Patrick Connolly
Patrick founded Fiable in 2018 after witnessing first-hand, while working with some of Australia’s leading main contractors, the severe financial and reputational damage caused by subcontractor insolvencies.
With insolvencies on the rise and outdated, paper-based processes still dominating the market, he saw an opportunity to digitise subcontractor due diligence, using data to help contractors reduce risk and make more informed decisions.
Patrick holds a Bachelor of Engineering (Construction Management) and a Bachelor of Construction Management and Property Development. He later joined the University of New South Wales’ Entrepreneurship Accelerator Program, where he was awarded a prestigious grant to bring Fiable’s mission to life.
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.
Backed by leading investors
We’re supported by investors who share our vision for greater financial transparency between companies and their vendors.
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.
