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Sixfold
Generative AI for insurance underwriting
- 21-100 employees
- Fintech
- B2B
- Artificial Intelligence
- Productivity
- Insurance
- SaaS
- Civic Center, New York, NY
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Company mission
To give every business AI-powered decision making.
Our take
Sixfold uses generative AI to streamline insurance underwriting, replacing manual risk analysis with virtual research teams. This approach accelerates assessments, boosts operational efficiency and enhances profitability for insurers.
The platform integrates generative AI to automate data processing, predictive modelling and real-time insights for comprehensive risk analysis in underwriting. In a nutshell, this allows insurers of all sizes to manage risk more effectively, fostering global competitiveness.
Recently securing funding, Sixfold is ready to accelerate its AI and machine learning teams, enhance its product capabilities and fuel R&D efforts. It is also expanding into the UK and EU markets, which highlights Sixfold's global ambitions to reshape insurance practices.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited vacation
- We love it if you can be in the office 4 days but work from home when it’s called for
- Medical, dental & vision insurance
- 401k with employer match
- Equity for every full time employee
- Your birthday is an automatic OOO here!
Company values
- We're focused on the customer: We prioritize getting our software to the customer, even if it means shipping with rough edges. We'll handle the pain so they don't have to
- Our advantage is speed and urgency: A day in generative AI feels like a month. In a market that is exponentially evolving, we believe that being first to market is a differentiator
- We're set on our value proposition: We don’t get distracted by sideshows (e.g. rebuilding commodity infrastructure). Let vendors do the grunt work while we spend time on things we do best
- Perfect is the enemy of good: The insistence on perfection often hinders the implementation of good improvements. We move swiftly while prioritizing customers and our value proposition
Funding (2 rounds)
Jun 2024
$15m
SERIES A
May 2023
$6.5m
SEED
Total funding: $21.5m
This company has top investors
Leadership
Alex Schmelkin
(CEO)Previously an EIR Operating Advisor at Bessemer Venture Partners. They were also a Founding Member of Unqork as well as the Founder and CEO of Cake & Arrow.
Brian Moseley
(CTO)They have over 25 years of experience building web-based products and services. Previously they founded Hoodline and Warhorn and also served as the Head of Developer Experience at American Express.
Jane Tran
(COO)They have over 10 years of experience in Product Development, Strategic Planning, and Process Improvement. Previously they were a founding member and COO of Unqork.
Office
Jobs (3)
Software Engineering