Sixfold AI

About:

Sixfold AI is an insurtech startup that leverages generative AI to improve insurance underwriting processes.

Website: https://www.sixfold.ai

Top Investors: Scale Venture Partners, Bessemer Venture Partners, Salesforce Ventures, Crystal Venture Partners

Description:

Sixfold AI is a generative artificial intelligence tool developed and educated to handle the most difficult problems in the insurance industry. The company aids insurance underwriters in enhancing accuracy, optimizing capacity, boosting traceability, and enhancing their overall quality of work life. Underwriting, traditionally a time-consuming and artisanal process, often compels insurers to prioritize submissions, leading to missed opportunities.

Total Funding Amount:

$21.5M

Headquarters Location:

New York, New York, United States

Founded Date:

2023-01-01

Founders:

Alex Schmelkin, Brian Moseley, Jane Tran

Number of Employees:

11-50

Last Funding Date:

2024-06-05

IPO Status:

Private

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