When was Sixfold founded?

Sixfold was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Sixfold located?

Sixfold is headquartered in New York City, United States.

Who is the current CEO of Sixfold?

Alex Schmelkin of Sixfold. They have also founded 1 company.

How many employees does Sixfold have?

As of Aug 31, 2026, the latest employee count at Sixfold is 77.

Is Sixfold a funded company?

Sixfold is a funded company, having raised a total of $51.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 26, 2023.

When was the latest funding round of Sixfold?

Sixfold's latest funding was a $***** Series B round on Jan 31, 2026, with participation from 4 investors. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.02B in funding in 2026 to date.

Where does Sixfold rank among its competitors?

Sixfold ranks 18th amongst 300 active competitors, of which 49 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Sixfold, which secured $30M in Jan, 2026.

Who are the top competitors of Sixfold?

Sixfold's top competitors include Guidewire, Duck Creek and FintechOS. Among them, Sixfold secured the most recent funding round in January, 2026.

Sixfold - 2026 Company Profile, Team, Funding & Competitors

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.

Website: www.sixfold.ai/
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

Series B, Jan 31, 2026, $*****

Investors

Salesforce Ventures & 5 more

Ranked

18^th among 300 active competitors

Employee Count

77 as on Aug 31, 2026

Similar Companies

FintechOS & 767 more

View Sixfold's full profile

Sixfold is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sixfold AI, Inc. CIN: 922777219 , United States, Active		-	20 (As on Dec 31, 2024)	-

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	8173108	Series B	9554294	9044679	9768466	3652145
Apr 05, 2024	3683196	Series A	8127471	5857425	8066740	Scale Venture Partners & 2 more
May 26, 2023	5204143	Seed	5448018	4689841	7981717	Bessemer Venture Partners & 1 more

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View details of Sixfold's funding rounds and investors

The founders of Sixfold is Alex Schmelkin. Alex Schmelkin is the CEO of Sixfold.

Here are the details of Sixfold's key team members:

Alex Schmelkin: Co-Founder & CEO of Sixfold and founder of 1 other company. They serve on the board of 1 company.

View details of Sixfold's Founder profiles and Board Members

Sixfold's employee count trend

Sixfold has 77 employees as of Aug 26. Here is Sixfold's employee count trend over the years:

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Top competitors of Sixfold include Guidewire, Duck Creek and FintechOS. 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	Guidewire 2001, San Mateo (United States), Public	Developer of software platforms for property and casualty insurance operations	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Temasek & 9 others	71/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Cipio Partners & 12 others	68/100
4th	Bestow 2016, Dallas (United States), Series D	Developer of life insurance new business and administration software platform solutions	$216M	Valar Ventures, Goldman Sachs & 11 others	68/100
5th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	TA Associates, General Atlantic & 2 others	68/100
6th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	67/100
7th	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Fidelity Ventures & 3 others	66/100
8th	Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired	Software solutions for life insurance and wealth management	$28.4M	Ironbridge, Herald Investment Management	64/100
9th	FurtherAI 2023, San Francisco (United States), Series A	AI-powered automation platform for insurance industry tasks	$35.6M	Nexus Venture Partners, Y Combinator & 7 others	64/100
10th	Roadzen 2015, Burlingame (United States), Public	AI-driven auto insurance provider	-	Shah Capital Partners, 13books Capital & 4 others	63/100
18th	Sixfold 2023, New York City (United States), Series B	AI-based platform offering underwriting automation and decision‑support for insurers	$51.5M	Salesforce Ventures, Bessemer Venture Partners ... & 4 others	61/100