Fundz

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

PRIVATEJun 06, 2024

Amount Raised

$15 Million

Round Type

Series A

New YorkSoftwareArtificial Intelligence

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.

Quick answer

Sixfold raised $15 Million in a Series A round, dated June 6, 2024. Investors: Crystal Venture Partners, Bessemer Venture Partners, Scale Venture Partners and Salesforce Ventures. Sixfold is based in New York, New York, United States.

How much did Sixfold raise?
Sixfold raised $15 Million in a Series A round on June 6, 2024.
Who invested in Sixfold?
Crystal Venture Partners, Bessemer Venture Partners, Scale Venture Partners and Salesforce Ventures are named as investors in this round.
What does Sixfold do?
Sixfold is the underwriting AI for insurers - built to handle submissions at scale so underwriters can focus on building more profitable portfolios.
Where is Sixfold based and how big is it?
Sixfold is based in New York, New York, United States.
Who are the decision-makers at Sixfold?
Fundz holds 1 contact at Sixfold. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Sixfold that raised within 45 days of this round, from Fundz verified event records.

  • Edit Cloud raised $2.6M (Funding Round) on July 18, 2024.
  • Thoughtful AI raised $20M (Series A) on July 18, 2024.
  • San Francisco Compute raised $12M (Seed) on July 17, 2024.
  • Briefly Bio raised $1.2M (Pre-Seed) on July 17, 2024.
  • Amity Solutions raised $60M (Series C) on July 17, 2024.
  • Shaped raised $8M (Series A) on July 17, 2024.

Who to call at Sixfold, and when

A new round usually means Sixfold is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sixfold raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sixfold, from your own LinkedIn network

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Company Information

Company

Sixfold

Location

New York, New York, United States

About

Sixfold is the underwriting AI for insurers - built to handle submissions at scale so underwriters can focus on building more profitable portfolios. Trusted by global carriers, MGAs, and reinsurers, Sixfold has processed over one million submissions across 40+ lines of business, helping teams move 50% faster and increase GWP per underwriter by 30%.

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Fundz sees it the moment Sixfold raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Sixfold raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.