About Tractable
Tractable is a Financial Services company based in London (United Kingdom) founded in 2014 by Razvan Ranca, Adrien Cohen, and Alex Dalyac. Provider of AI-based vehicle inspection solutions for insurers and the automotive industry. It operates in the Financial Services, Transportation, Automotive & Logistics, and Technology sectors. Tractable has raised $184.83 million across 7 funding rounds from investors including Particle, Tech Nation and SoftBank Vision Fund. The company has 176 employees. Tractable was last valued at $1 billion in June 2021. Its chief executive, as recorded, is Venkat Sathyamurthy. Its website tractable.ai draws about 20 thousand monthly visits. Tractable offers products and services including Tractable AI Platform and AI Workflow Integration. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Investigation Solutions. Its legal entity is TRACTABLE LTD.
Company details
Tractable was founded in 2014 in London, United Kingdom, and operates in the AI sector focused on insurance and automotive industries. Vehicle damage assessments are conducted through deep learning analysis of images and claim reports, enabling validation of insurance claims. Multi-instance learning is applied to evaluate damage from multiple photographs, supporting agents in processing claims efficiently. Solutions are tailored for insurers to streamline inspections and decision-making.
- Headquarters London, United Kingdom
- Employees 176
- Founders Razvan Ranca, Adrien Cohen, Alex Dalyac
- Stage Unicorn
- SectorsFinancial ServicesTransportation, Automotive & Logistics Technology
- Email••••••••
- Phone•••• ••••
- Website tractable.ai
- Social LinkedIn X Facebook YouTube
- Legal Name Tractable Ltd.
- Date of Incorporation 18 Nov, 2014
- Jurisdiction LONDON, UNITED KINGDOM
- Total Equity Funding$184.83M (USD)
in 7 rounds
- Latest Funding Round$65M (USD), Series E
Jul 2023
- InvestorsParticle
& 17 more
- Employee Count176
Products & Services of Tractable
Tractable offers a comprehensive portfolio of products and services, including Tractable AI Platform and AI Workflow Integration.
Analyzes vehicle images for accurate damage detection and estimates.
Enhances claims processing for insurers and repairers using AI.
Apps and channels of Tractable
its YouTube channel Tractable AI has 474 subscribers and 29 videos.
Videos from Tractable
The most watched videos on Tractable's YouTube channel, Tractable AI (474 subscribers). Click a video to play it here.
More on Tractable AI.
Funding Insights of Tractable
Tractable has successfully raised a total of $184.83M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $65 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $184.83M
- Total Rounds 7
- Last Round Series E — $65M
- First Round $1.82M
(Jun 2015)
- Investors Count 18
All 7 funding rounds of Tractable with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $65M | Series E | – | SoftBank Vision Fund | |
| Jun 2021 | $60M | Series D | $1B | Insight Partners, Georgian | – |
| Feb 2020 | $25M | Series C | – | Georgian | |
| Oct 2018 | Series A | – | Microsoft Accelerator | – | |
| Jul 2018 | $25.01M | Series A | – | – | – |
| Feb 2017 | $8M | Series A | – | Entrepreneur First | |
| Jun 2015 | $1.82M | Seed | – | Entrepreneur First | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $1B | •••••••• |
Last known valuation $1B (Jun 2021). 18 investors in total: 13 institutional and 5 angel.
Investors in Tractable
Tractable has secured backing from 18 investors, including venture fund and angel investors. Prominent investors backing the company include Particle, Tech Nation and SoftBank Vision Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and startups. | 2016 | visionfund.com | London, United Kingdom | |
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Venture capital is provided to expanding B2B software companies. | 2008 | georgian.io | Toronto, Canada | |
Investments in enterprise software sectors are made by Ignition Partners. | ignition.vc | Los Altos, United States | ||
Enterprise startups are accelerated through Microsoft's global mentoring program. | microsoftaccelerator.com | Paris, France | ||
Seed and early-stage tech investments are made in the US. | zettavp.com | San Francisco, United States | ||
Provider of a program turning individuals into funded technology company founders | joinef.com | London, United Kingdom | ||
Early-stage deep technology companies are invested in by Prefix Capital. | prefixcapital.com | |||
Investments are made in early-stage tech companies by Acequia Capital. | acecap.com | Seattle, United States | ||
Technology startups are accelerated by Tech Nation in the UK. | 2011 | technation.io | London, United Kingdom |
Investor details for Tractable
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tractable
53 people are tracked at Tractable (19 in leadership, 6 in board & advisors, 28 in team); the tracked headcount is 176.
| Name | Role | Group |
|---|---|---|
Razvan Ranca | Co-Founder & CTO | Leadership |
Adrien Cohen | Co-Founder & President | Leadership |
Alex Dalyac | Co-Founder | Leadership |
Venkat Sathyamurthy | Chief Executive Officer | Leadership |
Eric Lai | Head, Platform | Leadership |
Asta Suda | Group Finance Director | Leadership |
Max Ali | Head, Motor Engineering | Leadership |
Tamsin Colsey | Head Of Talent And People Partnering | Leadership |
Camilla Gilchrist | Chief Of Staff / Operations Director | Leadership |
Venkatesan Sathyamurthy | CEO | Leadership |
Antony Pfeffer | Vice President And General Counsel | Leadership |
Eigo Takeda | Head, Operations, APAC | Leadership |
Felix Lau | General Manager | Leadership |
Giacomo Mariotti | VP Product | Leadership |
Kyohei Shimomura | Head Of Operations | Leadership |
Sophie A. | Head Of People Operations | Leadership |
Oliver Zico Mendes | Director | Infosec & IT | Leadership |
Laurent Decamp | Head, Claim Review Platform | Leadership |
James Spears | Head, Automotive, US | Leadership |
Zoubin Ghahramani | Scientific Advisor | Board & advisors |
33 more people are available in the full profile.
Complete people profiles for Tractable
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Tractable
4 dated milestones of Tractable across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Tractable is founded.
- Funding First funding round of $1.8M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $65.0M.
Web traffic of Tractable
The website of Tractable (tractable.ai) receives about 20.4K visits a month.
- Monthly visits20.4K
▼ 3.4% vs previous month
Websites whose visitors overlap most with Tractable. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| insurtechdigital.com | 100% | #1,408,971 | View details | ||
| sompo-hd.com | 100% | 164.4K | View details |
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Related news about Tractable
Complete news archive for Tractable
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Frequently Asked Questions about Tractable
Tractable was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Tractable is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Venkat Sathyamurthy is the CEO of Tractable, as recorded in our data.
Tractable is a funded company, having raised a total of $184.83M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.82M, raised on Jun 2015.
Tractable has 176 employees.
Tractable was founded in 2014 in London, United Kingdom, and operates in the AI sector focused on insurance and automotive industries. Vehicle damage assessments are conducted through deep learning analysis of images and claim reports, enabling validation of insurance claims. Multi-instance learning is applied to evaluate damage from multiple photographs, supporting agents in processing claims efficiently. Solutions are tailored for insurers to streamline inspections and decision-making.
Tractable offers Tractable AI Platform and AI Workflow Integration.
Tractable has 18 investors. Key investors include Particle, Tech Nation, SoftBank Vision Fund, Georgian, and Insight Partners.
The valuation of Tractable is $1B as of Jun 2021.
Tractable operates through Tractable Ltd..