Tractable

insurtechartificial intelligence/machine learningclaims

FOUNDING YEAR: 2014
LOCATION: United Kingdom
Last Update: 17/12/2018

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About

Tractable’s offers AI-based preventative maintenance assessments for vehicles. It reviews the submission, assesses the cost, and provides the final assessment to the customer. It also offers AI-powered disaster management solutions that enables users to respond in case of natural calamities like flood, fires, hurricanes, etc.

Focus

PRODUCTS & SERVICES

It leverages artificial intelligence to help insurance carriers to improve their vehicle collision insurance claim process. It further utilizes computer vision technology to assess the accident damages and help the repair professionals to provide an repair estimate and upload pictures of damages to the claim management system. Additionally, the company has developed a medical imagery platform for radiology diagnoses., by flagging and prioritizing high-risk scans and delivering them to the doctors for review.

MAIN CLIENTS

Businesses

EXISTING PARTNERSHIPS

Ageas

COMMENT

The company aims is to improve the vehicle collision insurance claim process by deploying computer vision technology to assess accident damages. With its technology, auto repair professionals upload an estimate and pictures of damages to a claims management system. Additionally, the company developed a medical imagery platform to increase the speed and accuracy of radiology diagnoses. (July 2018)

People

FOUNDERS

Adrien Cohen

Alexandre Dalyac

Razvan Ranca

BOARD MEMBERS AND ADVISORS

Nick Triantos

Preeti Rathi

Ash Fontana

INVESTORS:

415 Investmensts

Acequia Capital

Andy Homer

Entrepreneur First

Greg Gladwell

Ignition Partners

Insight Venture Partners

Isomer Capital

Scott Roza

Stuart Bartlett

Tony Emms

Zetta Venture Partners

KEY EMPLOYEES:

Adrien Cohen (CCO)

Alexandre Dalyac (CEO)

Razvan Ranca (CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$34.9 M

DATE OF LAST FUNDING

Jul 2018

SEED & PRIOR FUNDING

$1.9 M

SEED CLOSED ON

Jun 2015

FUNDING SERIES

SERIES A  · $8 M  · Jan 2017

SERIES B  · $25 M  · Jul 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2014

LOCATION:

United Kingdom

Views:

39 VISITORS | 68 VIEWS
LATEST FUNDING ROUND

$34.9 M

About

Tractable’s offers AI-based preventative maintenance assessments for vehicles. It reviews the submission, assesses the cost, and provides the final assessment to the customer. It also offers AI-powered disaster management solutions that enables users to respond in case of natural calamities like flood, fires, hurricanes, etc.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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