Tractable logo — We apply AI to assess, repair and protect cars and homes

Tractable

We apply AI to assess, repair and protect cars and homes

Founded 2014 United Kingdom London, United Kingdom 187 employees Series E Total: $179.90M AI, Computer Vision +2

General Information

Company Name Tractable
Founded Year 2014
Location United Kingdom London, United Kingdom +1
Employees 187
Industries AI, Computer Vision, Insurance +1
Funding Stage Series E
Social

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About Tractable

Tractable, founded in 2014 and based in the United Kingdom, is an emerging leader in applying AI to the insurance and property sectors. The company leverages the latest in computer vision and machine learning to streamline damage assessments for cars and homes, improving efficiency in accident recovery and property appraisal by tenfold.

With its focus on transforming industries, Tractable aims to free up employee time for more important tasks while enhancing customer experiences and promoting sustainability. The solutions are supported by a world-class R&D team with over three decades of combined expertise.

Having raised $115M from top-tier investors such as Georgian Partners and Insight Partners, Tractable achieved Unicorn status in 2021. Its latest funding round was a $65M Series E on 01 July 2023, with backing from Insight Partners, Silicon Valley Ventures, Georgian, and Vision Fund.

Taxonomy: AI-first solutions, Computer vision, Machine learning, Visual assessment, Damage appraisal, Accident recovery, Disaster recovery, Insurance claims, Automated image recognition, Deep learning, Vehicle damage estimation, Property assessment, Repair cost prediction, Claims process improvement, Recycling enhancement

Services & Products

AI-powered damage detection
Vehicle assessment and appraisal
Claims workflow optimization
Salvage and parts identification
Real-time vehicle check-ins and check-outs
Seamless system integration
Continuous AI improvement

Target Customers

Insurers Dealerships Repairers Recyclers Fleet operators Rental agencies

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series E •••••• 4
Investor Investor
•••• ••••
01 Jul 2023
Series D •••••• 2
Investor
•••• ••••
01 Jun 2021
Support Program •••••• 1 •••• •••• 01 Mar 2021
Series C •••••• 3
Investor Investor
•••• ••••
01 Feb 2020
Series B •••••• 5
Investor Investor Investor Investor Investor
01 Jul 2018

View All 7 Funding Rounds

Tractable Alternatives & Competitors

View All Alternatives
Tractable vs
Blueprint Claims
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FAQ About Tractable

We apply AI to assess, repair and protect cars and homes
Tractable was founded in 2014.
Tractable is headquartered in London, United Kingdom.
Tractable operates in the following industries: AI, Computer Vision, Insurance, Machine Learning.
Tractable has approximately 187 employees.
Tractable has completed 7 funding rounds, raising a total of $179.90M. The latest funding stage is Series E.
Tractable offers: AI-powered damage detection, Vehicle assessment and appraisal, Claims workflow optimization, Salvage and parts identification, Real-time vehicle check-ins and check-outs, Seamless system integration, Continuous AI improvement.
Top alternatives and competitors to Tractable include Blueprint Claims, Aquatera Ltd, Open Assessment Technologies, Chill Strategic Partners, eLitmus Evaluation Pvt Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tractable and Blueprint Claims are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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