# Sixfold AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sixfold-ai

- Industry: Software
- Headquarters: New York, US
- Website: www.sixfold.ai
- Total disclosed funding: $49M
- Latest round: Series B (Jan 29, 2026)
- Investors on record: 6

## About

Established in 2023 and based in New York, US, Sixfold AI, Inc. operates as an insurance technology platform that provides its customers with artificial intelligence automation of the underwriting tasks process of insurance. Alex Schmelkin is the founder of the company.  As of 2023, Sixfold’s customers, include Builders & Tradesmen's Insurance Services (BTIS). In January 2026, Sixfold AI, Inc. raised USD 30 million in series B funding led by Brewer Lane Ventures, with participation from Guidewire Software, Inc., Bessemer Venture Partners, and Salesforce Ventures.

The company offers a streamlined approach to insurance underwriting by eliminating the need to manually track down third-party data, sift through extensive documents, or consult unstructured data by leveraging AI technology. The firm's flagship product introduces a suggestion tool that enables underwriters to provide data-driven quotes and coverage recommendations. In addition, the AI system allows for increased capacity, enabling underwriters to handle higher gross written premiums per underwriter. The company’s system also automates the collection of data from third-party and proprietary sources, spotting patterns that previously required human synthesis.

The company plans to utilize the January 2026 funding to enhance its AI Underwriter, grow its teams, and expand globally.

## Funding rounds

- Series B, Jan 29, 2026, $30M — Bessemer Venture Partners, Guidewire Software, Inc., Salesforce Ventures, Brewer Lane Ventures
- Series A, Apr 5, 2024, $13M — Scale Venture Partners, Bessemer Venture Partners, Salesforce Ventures, Crystal Venture Partners
- Seed, May 10, 2023, $6.5M — Bessemer Venture Partners, Crystal Venture Partners

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed, Series A, Series B
- Crystal Venture Partners (https://capitalatlas.ai/funds/crystal-venture-partners) — Seed, Series A
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B
- Guidewire Software, Inc. — Series B
- Brewer Lane Ventures (https://capitalatlas.ai/funds/brewer-lane-ventures) — Series B