2 years ago

Tractable AI Raises $65M for AI-Driven Auto and Property Solutions

  • Tractable AI, a London-based AI company, has raised $65 million in Series E funding led by SoftBank Vision Fund 2, with participation from Insight Partners and Georgian

  • The funds will be used to accelerate expansion across the auto and property ecosystems.

      • ProblemTechnology

      "Insurance companies struggle to assess the damage of cars and homes after an accident or disaster, leading to lengthy and inaccurate claims processing."

      Solution

      "Tractable's AI uses computer vision to automatically assess the condition of cars and homes, providing accurate and efficient damage assessments that streamline the claims process and save time and money for insurance companies."

      Covered on