About

Founded

2014

Headquarters

Liverpool Street, England, United Kingdom

Industry

Artificial Intelligence (AI)

Company Description

Our AI-first solutions bring the latest computer vision research and machine learning techniques to visual assessment. Using customer images, our AI products started enabling fast, accurate damage appraisal to help make recovery from accidents up to ten times faster. We’re now applying our award-winning AI to accelerate other processes involving visual inspection and appraisal. From salvaging car parts to property assessment, we’re on a mission to transform the way people live and work across whole industries.

Quick Links

Website Jobs

Funding

Total Raised

$184.9 million

Valuation

~$1 billion

Significant Investors

SoftBank, Insight Partners, Georgian, Entrepreneur First

Company Traction

As of July 2023, Tractable reported processing of $7 billion in annualized auto and home repairs and acquisitions, 2x what they did the prior year.

As of July 2023, Tractable reported 20 world-leading insurance and automotive companies as customers, including Geico, Verisk, Mapfre, Aviva, and American Family Insurance.

Leadership Team

Alex Dalyac: Co-Founder & CEO of Tractable. Former Quant at Toscafund Asset Management.

Razvan Ranca: Co-Founder & CTO of Tractable. Former Research Assistant at Cambridge University.

Mohan Mahadevan: Chief Science Officer at Tractable. Former Senior VP of Applied Science at Onfido.

Andrew Shimek: President at Tractable. Former CRO at Disco.

Venkat Sathyamurthy: CPO at Tractable. Former Head of Platform and Ecosystem at Adobe.

Press

TechCrunch (July 18, 2023): Tractable snaps up $65M led by SoftBank for car and property damage appraisals using AI

Tractable