4 years ago

Tractable Becomes UK's First Computer Vision Unicorn with $60 Million Series D

  • Tractable, a London-based AI company, has raised $60 million in Series D funding, valuing the company at over $1 billion

  • This makes Tractable the UK's first computer vision unicorn

  • The funding round was led by Insight Partners and Georgian

  • Tractable will use the funds to further develop its AI technology for accident recovery, expand into new markets, and hire more staff.

      • ProblemTechnology

      "Insurance companies take a long time to assess damage after an accident, causing delays in payouts and frustrating customers."

      Solution

      "Tractable uses AI to analyze photos of damaged vehicles and homes, providing fast and accurate assessments that speed up the claims process and reduce costs for insurers."

      Covered on