Sixfold, a provider of AI-powered underwriting solutions, has raised USD 15 million in a Series A funding round led by Salesforce Ventures with participation from Scale Venture Partners, Bessemer Venture Partners, and Crystal Venture Partners. Total funds raised by the company now stands at USD 21.5 million.
The company intends to use the funds to expand its team of AI/ML engineers, further enhancing product capabilities and accelerating R&D efforts. In addition, it plans to expand its footprint into the UK and the European Union.
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