New York based startup using generative AI to underwrite insurance raised $15m in Series A funding led by Salesforce Ventures.
“As a firm that invests heavily in vertical SaaS innovation, we see Sixfold as a company capable of transforming the insurance industry with a purpose-driven generative AI solution. With Sixfold’s AI, insurance carriers review and close more business, helping them to increase profitability. Sixfold’s traction over the past year demonstrates the value it clearly delivers.”
https://fintech.global/2024/06/06/sixfold-raises-15m-to-enhance-ai-driven-underwriting-technology/