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Sixfold - About the company

Sixfold is a series B company based in New York City (United States), founded in 2023 by Alex Schmelkin. It operates as an AI-based platform offering underwriting automation and decision‑support for insurers. Sixfold has raised $51.5M in funding from Salesforce Ventures and Brewer Lane Ventures. The company has 561 active competitors, including 71 funded and 47 that have exited. Its top competitors include companies like Agentero, Wefox and Players Health.

Company Details

AI-based platform offering underwriting automation and decision‑support for insurers. It is offering an “underwriting agent” that reads submissions, applies carrier-specific appetite and guidelines, and delivers appetite-aligned insights and recommended actions into existing underwriting workflows.
Email ID
*****@sixfold.ai
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series B
Total Funding
$51.5M in 3 rounds
Latest Funding Round
Ranked
Employee Count
78 as on Jul 31, 2026
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Sixfold's funding and investors

Sixfold has raised a total funding of $51.5M over 3 rounds. Its first funding round was on May 26, 2023. Its latest funding round was a Series B round on Jan 31, 2026 for $*****. 4 investors participated in its latest round. Sixfold has 6 institutional investors.

Here is the list of recent funding rounds of Sixfold:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 31, 2026
3594497
Series B
3206899
6563636
5216758
4886650
Apr 05, 2024
8943084
Series A
7110119
6451883
8478813
May 26, 2023
6664890
Seed
6924061
4690937
1444967
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Sixfold's founders and board of directors

Founder? Claim Profile
The founders of Sixfold is Alex Schmelkin. Alex Schmelkin is the CEO of Sixfold.
Here are the details of Sixfold's key team members:

Sixfold's employee count trend

Sixfold has 78 employees as of Jul 26. Here is Sixfold's employee count trend over the years:
Employee count trend for Sixfold
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Sixfold's Competitors and alternates

Top competitors of Sixfold include Agentero, Wefox and Players Health. Here is the list of Top 10 competitors of Sixfold, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Agentero
Agentero
2017, Berkeley (United States), Series A
App-based agency management solutions for insurance agents
$23.5M
67/100
2nd
Logo for Wefox
Wefox
2015, Roggwil (Switzerland), Acquired
App-based P&C insurance comparison platform for individuals
$1.61B
65/100
3rd
Logo for Players Health
Players Health
2012, Chicago (United States), Series C
Provider of insurance coverage and athlete safety risk management services
$100M
63/100
4th
Logo for Coverstack
Coverstack
2010, Mumbai (India), Series A
Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions
$55.8M
62/100
5th
Logo for Sixfold
Sixfold
2023, New York City (United States), Series B
AI-based platform offering underwriting automation and decision‑support for insurers
$51.5M
61/100
6th
Logo for COVU
COVU
2004, Redwood City (United States), Series B
Provider of insurance agency management solutions
$50M
59/100
7th
Logo for Broker Buddha
Broker Buddha
2014, New York City (United States), Acquired
Cloud-based insurance sales and renewal processing solutions for insurance brokers
$10.5M
59/100
8th
Logo for FIDX
FIDX
2017, Berwyn (United States), Series B
Provider of technology solutions connecting brokerage, insurance, and advisory ecosystems
$15.9M
59/100
9th
Logo for 180 Seguros
180 Seguros
2020, Brazil, Series A
Platform offering personalized home insurance solutions
$52M
58/100
10th
Logo for Newfront
Newfront
2017, San Francisco (United States), Acquired
Provider of insurance brokerage and total rewards services
$300M
58/100
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Sixfold's Investments and acquisitions

Sixfold has made no investments or acquisitions yet.

Reports related to Sixfold

Here is the latest report on Sixfold's sector:

News related to Sixfold

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Media has covered Sixfold for a total of 8 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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