logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Sixfold raises $15m in a Series A funding round led by Salesforce Ventures for enhancing AI-driven underwriting technology.

Jun 06, 2024•over 1 year ago

Amount Raised

$15 Million

New YorkInformation Technology

Investors

Crystal Venture PartnersBessemer Venture PartnersScale Venture PartnersSalesforce Ventures

Description

Sixfold has announced a successful $15m Series A funding round led by Salesforce Ventures. The funds will be utilized to further build Sixfold’s team of AI/ML engineers, enhance product capabilities, and accelerate research and development efforts for expanding its operations beyond North America.

Company Information

Company

Sixfold AI

Location

134 E. 93RD STREET 5A

New York, New York, United States

About

The first generative artificial intelligence designed to solve the hardest problems in the insurance industry. It’s time to improve insurance underwriting tasks by automating tedious work.

Related People

3 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech