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Overview
Tractable is a software company that develops artificial intelligence for accident and disaster recovery. Through the use of deep learning to automate visual damage appraisal, Tractable's AI looks at photos of the damage and predicts repair costs. By providing its AI to the largest insurers worldwide, Tractable helps to settle claims quickly and efficiently, which in turn impacts livelihoods.
Tractable AI Review and AI Estimating products help them improve their claims processes and produce live, end-to-end estimates of vehicle damage. Tractable’s pitch is that AI appraisals of damage to vehicles/property can take place via its platform “in minutes”, thereby allowing for repairs to begin sooner and people’s livelihoods to be restored more quickly. It also automates image recognition tasks with Deep Learning.
The company was established in 2014 and is based in London, England.
About
Software, Artificial Intelligence (AI), Machine Learning, Insurance, Computer Vision
2014
101-250
Headquarters locations
Europe
Social
N/A
Profile Resume
Tractable headquartered in Europe, operates in the Software, Artificial Intelligence (AI), Machine Learning, Insurance, Computer Vision sector. The company focuses on Software and has secured $29.6B in funding across 160 round(s). With a team of 101-250 employees, Tractable is actively contributing to advancements in Software. Their latest funding round, Seed Round - Tractable, raised $1.9M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
8
5
0
$184.9M
Details
7
Tractable has raised a total of $184.9M in funding over 7 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Late Stage Venture | 60.0M | ||
2023 | Late Stage Venture | 65.0M | ||
2017 | Early Stage Venture | 8.0M | ||
2015 | Seed | 1.9M |
Investors
Tractable is funded by 53 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Acequia Capital (AceCap) | - | FUNDING ROUND - Acequia Capital (AceCap) | 1.9M |
415 | - | FUNDING ROUND - 415 | 1.9M |
Tractable | - | FUNDING ROUND - Tractable | 1.9M |
Charlie Songhurst | - | FUNDING ROUND - Charlie Songhurst | 1.9M |
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