About Tractable
Tractable is a company based in London (United Kingdom) founded in 2014 by Razvan Ranca, Adrien Cohen, and Alex Dalyac. Tractable has raised $184.83 million across 7 funding rounds from investors including SoftBank Vision Fund, Georgian and Insight Partners. Tractable offers products and services including Tractable AI Platform and AI Workflow Integration. Tractable operates in a competitive market with competitors including Jidoka, Twinner, DeGould, Fyusion and COMPREDICT, among others.
- Headquarter London, United Kingdom
- Founders Razvan Ranca, Adrien Cohen, Alex Dalyac
- Stage Unicorn
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Website
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- Legal Name Tractable Ltd.
- Date of Incorporation 18 Nov, 2014
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$184.83 M (USD)
in 7 rounds
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Latest Funding Round
$65 M (USD), Series E
Jul 18, 2023
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Investors
SoftBank Vision Fund
& 11 more
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Employee Count
Not available
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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.
People of Tractable
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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.
Investors in Tractable
Tractable has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include SoftBank Vision Fund, Georgian and Insight Partners.
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Investment firm scaling software and technology companies from early to late stages.
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Investor details for Tractable
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Investments & Acquisitions by Tractable
Investment portfolio details for Tractable
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Financial Statements - Tractable
Detailed financials for Tractable
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Tractable Comparisons
Peer comparison for Tractable
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Competitors of Tractable
Tractable operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jidoka, Twinner, DeGould, Fyusion and COMPREDICT, among others.
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Autonomous AI vision solutions are provided for inspection and optimization.
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Provider of a cloud-driven merchandising solution for the automotive industry
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AI-powered automated vehicle inspection systems are provided for various industries.
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3D image processing technology is developed for consumer applications.
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AI-based virtual sensors are provided for automotive components.
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Detailed competitors of Tractable
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Latest news on 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 current CEO of Tractable.
Tractable is a funded company, having raised a total of $184.83M across 7 funding rounds to date.
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 12 investors. Key investors include SoftBank Vision Fund, Georgian, Insight Partners, Ignition Partners, and Microsoft Accelerator.
The valuation of Tractable is $1B as of Jun 2021.