# Tractable: Information technology & services, London, United Kingdom

> Tractable: Tractable is an Applied Artificial Intelligence company based in London, with additional offices in New York City and Tokyo.

Source: https://millionrounds.com/startup/tractable (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Information technology & services startup](https://millionrounds.com/companies)

# Tractable

Tractable is an Applied Artificial Intelligence company based in London, with additional offices in New York City and Tokyo.

Funding reported Last round: Series E

Information technology & services London, United Kingdom

Company summary

- **Founded:** 2014 12 years old
- **Team:** 220 201 to 1,000 people
- **Funding reported:** 184.9M as listed, currency not stated
- **Last round:** Series E Jul 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Tractable has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Tractable

Tractable is an Applied Artificial Intelligence company based in London, with additional offices in New York City and Tokyo.

Founded in 2014, it specializes in deep learning and computer vision technologies to automate visual damage assessments for the automotive and property insurance sectors. Tractable's mission is to help people recover faster from accidents and disasters by quickly assessing damage, calculating repair costs, and facilitating claims processing. The company's flagship product, the Tractable AI Platform, enables instant vehicle damage assessments from smartphone photos and automates claims settlement. Tractable also offers AI Workflow Integration services, allowing insurers to embed its technology into their existing systems. Additionally, it provides visual damage assessments for property insurance, helping insurers settle claims related to natural disasters. With a strong focus on innovation, Tractable processes billions in vehicle repairs annually and serves over 20 leading insurance and automotive companies worldwide.

## What company datasets say Tractable raised

Funding, as reported

Reported in all **184.9M** in the source's currency

Rounds **8**

Last round **Series E**

Last round size **65M**

Last round date **Jul 2023**

Investors listed **19**

Valuation **$1.0B, Mar 2026**

## Funding filed with regulators

Tractable filed one raise. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2023 **Amount not stated** UK share allotment

## Founders and team

From Tractable's own website: 1 founder, 4 on the team.

**Raz Ranca** Co-founder & CTO

- **Venkat Sathyamurthy** Chief Executive Officer
- **Mark Hornsey** Chief Operating Officer
- **Asta Suda** VP Finance
- **Jimmy Spears** Head of Automotive

## On 4 portfolio pages

Investors who name them

- [Ignition Partners](https://millionrounds.com/fund/ignition-partners)
- [Air Street Capital](https://millionrounds.com/fund/air-street-capital)
- [Prefix Capital](https://millionrounds.com/fund/prefix-capital)
- [Portfolio Ventures](https://millionrounds.com/fund/will-martin)

Each firm lists Tractable on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

image analysis damage detection in high-volume claims claim fraud detection customer engagement automated damage estimation models claims automation damage detection training damage detection technology damage recognition technology automotive salvage remote inspections deep learning artificial intelligence machine learning techniques salvage bidding ai damage detection recycling optimization

Built with from their website

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+8 more

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- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 51321, SIC 7375, 7372
- **Region:** England
- **Revenue:** 19M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/tractable)

## Information technology & services in United Kingdom

Startups like it

- [**Wayve** London · founded 2017 *Raised*](https://millionrounds.com/company/wayve)
- [**CuspAI** Cambridge · founded 2024 *Raised*](https://millionrounds.com/company/cuspai)
- [**PhysicsX** London · founded 2019 *Raised*](https://millionrounds.com/company/physicsx)
- [**Synthesia** London · founded 2017 *Raised*](https://millionrounds.com/company/synthesia)
- [**Tessl** London · founded 2024 *Raised*](https://millionrounds.com/company/tessl)
- [**Fractile** London · founded 2022 *Raised*](https://millionrounds.com/company/fractile)
- [**Nothing** London · founded 2020 *Raised*](https://millionrounds.com/company/nothing)
- [**Behavox** London · founded 2014 *Raised*](https://millionrounds.com/company/behavox)

## Is this your company?

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