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.
- 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
Investors
Ranked
5th among 561 active competitors
Employee Count
78 as on Jul 31, 2026
Legal entities associated with Sixfold
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) | - |
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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 |
View details of Sixfold's funding rounds and investors
Sixfold's founders and board of directors
Founder? Claim ProfileThe 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 78 employees as of Jul 26. Here is Sixfold's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Agentero 2017, Berkeley (United States), Series A | App-based agency management solutions for insurance agents | $23.5M | 67/100 | |
2nd | Wefox 2015, Roggwil (Switzerland), Acquired | App-based P&C insurance comparison platform for individuals | $1.61B | 65/100 | |
3rd | Players Health 2012, Chicago (United States), Series C | Provider of insurance coverage and athlete safety risk management services | $100M | 63/100 | |
4th | Coverstack 2010, Mumbai (India), Series A | Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions | $55.8M | 62/100 | |
5th | 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 | COVU 2004, Redwood City (United States), Series B | Provider of insurance agency management solutions | $50M | 59/100 | |
7th | 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 | FIDX 2017, Berwyn (United States), Series B | Provider of technology solutions connecting brokerage, insurance, and advisory ecosystems | $15.9M | 59/100 | |
9th | 180 Seguros 2020, Brazil, Series A | Platform offering personalized home insurance solutions | $52M | 58/100 | |
10th | Newfront 2017, San Francisco (United States), Acquired | Provider of insurance brokerage and total rewards services | $300M | 58/100 |
Looking for more details on Sixfold's competitors? Click here to see the top ones
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
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.
•
Agiloft Announces Agiloft for Salesforce on Salesforce AgentExchangePR Newswire•Aug 20, 2026•Salesforce, Agiloft, Sixfold, Psadvisory
•
Sixfold Raises $30 Million Series B to Scale AI Underwriting PlatformThe SaaS News•Jun 15, 2026•Sixfold, Brewer Lane Ventures, Salesforce Ventures, Guidewire and 3 others
•
Sixfold's CEO Highlights Portfolio Underwriting After $30M FundraiseInsurance POST•Feb 20, 2026•Sixfold
•
Sixfold raises $30M Series BCoverager•Jan 31, 2026•Sixfold, Salesforce Ventures, Brewer Lane Ventures, Guidewire and 1 other
•
Skyward Specialty and Sixfold Partner to Advance AI-Powered UnderwritingGlobeNewswire•Dec 18, 2025•Sixfold, Skyward Specialty Insurance
•
Insurance brokers must lead on coverage quality not just speedInsurance Business America•Dec 03, 2025•Sixfold
•
Sixfold Launches Condition-Based Insights and Core Clinical Data to Match L&H Underwriter LogicFintech Finance•Aug 28, 2025•Sixfold
•
Mphasis Partners with Sixfold to Boost Insurance Underwriting with AIBusinessnewsthisweek•Jun 16, 2025•Mphasis, Sixfold
•
Sixfold’s AI Prepares Insurers for Future Risks in Cyber InsuranceGlobal Fintech Series•Sep 30, 2024•Sixfold, CyberCube
•
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