Sixfold Analysis: $15M Raised
What is Sixfold?
Sixfold is an AI solution specifically designed for insurance underwriting, helping insurers reduce risk review time and increase gross written premium per underwriter. The platform ingests underwriting guidelines, extracts relevant risk data, and provides tailored risk insights to enhance decision-making.
Employees
51-200
Founded
2023
Industry
Insuretech, AI/ML, Data Analytics
Valuation
$6.2B
Latest Funding Amount
$15,000,000
Latest Funding Round Size
$15.0M
Product Features & Capabilities
- Underwriting AI solution
- Risk data extraction
- Risk insights generation
- Referral Agent for workflow automation
- Responsible AI framework
How much Sixfold raised
Funding Round - $15.0M
RecentOther Considerations
Trusted by major insurers like AXIS and Zurich North America; Provides full transparency in underwriting decisions; Offers a responsible AI framework for compliance
Trade Show Presence
- Insurtech Insights USA 2024 - **Date:** June 5, 2024 - **Details:** Participation confirmed, but no specific presentations or booth details available.
- ITC Vegas 2025 - **Date:** 2025 (exact date not specified) - **Details:** Participation confirmed, but no specific presentations or booth details available.
Gtm Strategy
Sixfold's go-to-market (GTM) strategy reflects a hybrid approach, combining elements of both product-led growth (PLG) and sales-led growth (SLG). The website emphasizes user engagement through demo requests and contact sales options, indicating a structured sales process aimed at larger insurance companies. However, it also highlights self-service capabilities, allowing users to derive value independently, which is characteristic of PLG. Customer testimonials and educational resources further support this dual approach, showcasing a commitment to user empowerment while also fostering high-touch relationships for enterprise clients.
Reported Clients
- AXIS - Sixfold has successfully implemented its AI solution for AXIS, enhancing their underwriting processes. The collaboration indicates a strong partnership where Sixfold's technology has been integrated into AXIS's operations.
- Zurich North America - Sixfold's AI tools were launched in four offices in January 2025, with plans for expansion to additional offices across the country.
Homepage Pricing
Sixfold offers transparent pricing information on their website, stating that they provide a free tier for users to explore the platform. The pricing is tailored to the specific needs of each client, emphasizing a customized approach. The company expresses a commitment to transparency in their pricing structures.
