<div>
  <ul>
    <li>
      <p>
        Tractable AI, a UK-based provider of AI-based solutions that use visual analysis to assess vehicle damage claims, has raised USD 65 million in a Series E funding round led by SoftBank Vision Fund 2, with participation from Insight Partners and Georgian. Total funds raised by the company now stand at USD 184.9 million.
      </p>
    </li>
    <li>
      <p>
        The company plans to utilize the funds to expand its existing business, incorporate advanced AI solutions across its processes, and invest further in Japan, one of its biggest markets.
      </p>
    </li>
    <li>
      <p>
        The company reported that since its previous funding round (Series D) in July 2021, it has expanded its product portfolio, acquired leading customers, and established partnerships with P&amp;C insurers, including American Family Insurance and Aviva, and automotive companies. The company claims to process over USD 7 billion in annualized auto and home repairs and acquisitions, more than doubling its claim processing volume from a year ago.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/tractable-ai-raises-65m-in-series-e-funding-led-by-softbank-vision-fund-2--investment-to-power-next-generation-ai-for-instant-visual-assessments-within-the-automotive-and-property-ecosystems-301879017.html">
      Press release
    </a>
  </p>
  <p>
    <a href="https://techcrunch.com/2023/07/18/tractable-snaps-up-65m-led-by-softbank-for-car-and-property-damage-appraisals-using-ai/">
      TechCrunch 
    </a>
  </p>
  <p>
  </p>
</div>


All Updates

Tractable AI raises USD 65 million in Series E

Tractable announces partnership with Mitchell to enable straight-through claims processing

Root Insurance partners with Tractable for AI-powered claims management