Tractable: Funding, Investors & Team (Sep 2026)
Tractable, a software company founded in 2014 and headquartered in London, specializes in artificial intelligence (AI) development for accident and disaster recovery. Using deep learning technology, their AI automates the assessment of visual damage by analyzing photos and predicting the associated repair costs. This AI is offered to major insurers globally to expedite and streamline the claims settlement process, significantly impacting people's livelihoods. Tractable's AI Review and AI Estimating products enhance insurers' claims procedures by providing accurate and instantaneous estimates of vehicle damage. The company's main premise is that their platform enables AI evaluations of damages to vehicles and properties within minutes, facilitating prompt repairs and swift restoration of people's well-being. Additionally, they employ deep learning algorithms to automate image recognition tasks.
Tractable has raised $150M across 3 funding rounds on record, the most recent a Series E of $65.0M announced in Jul 2023.
That round is above the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Tractable Company Profile and Key Stats
Latest funding round on record: Jul 2023.
Tractable Funding Rounds
Tractable raised $25.0M in an undisclosed round announced in Feb 2020.
1.3 years later, an undisclosed round of $60.0M was announced in Jun 2021.
2.1 years later, a Series E of $65.0M was announced in Jul 2023.
Tractable Founders and Leadership Team
Contact details for the Tractable team: 2 of 2 have an email address on file.
Start 14-day free trial →Tractable Funding Compared to Other Artificial Intelligence Startups
Tractable's latest round of $65.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Tractable Funding FAQs
What does Tractable do?
Tractable, a software company founded in 2014 and headquartered in London, specializes in artificial intelligence (AI) development for accident and disaster recovery. Using deep learning technology, their AI automates the assessment of visual damage by analyzing photos and predicting the associated repair costs. This AI is offered to major insurers globally to expedite and streamline the claims settlement process, significantly impacting people's livelihoods. Tractable's AI Review and AI Estimating products enhance insurers' claims procedures by providing accurate and instantaneous estimates of vehicle damage. The company's main premise is that their platform enables AI evaluations of damages to vehicles and properties within minutes, facilitating prompt repairs and swift restoration of people's well-being. Additionally, they employ deep learning algorithms to automate image recognition tasks.
How much funding has Tractable raised?
Tractable has raised $150M across 3 rounds on record. The most recent is a Series E of $65.0M announced in Jul 2023.
When did Tractable last raise funding?
Tractable's most recent funding round on record is a Series E of $65.0M, announced in Jul 2023.
Who is the CEO of Tractable?
Alex Dalyac is listed as CEO at Tractable.
Where is Tractable headquartered?
Tractable is based in London, England, United Kingdom.
How many employees does Tractable have?
Tractable is in the 251-500 employee band.
How does Tractable's funding compare to other Artificial Intelligence startups?
Tractable's latest round of $65.0M is above the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's Tractable Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Tractable is left off this page rather than filled in.
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