Tractable offers AI-driven visual assessment solutions, accelerating damage appraisal and visual inspection processes across various industries.
HQ
United Kingdom
Founded
2014
Employees
189
Tractable offers AI-driven solutions designed to revolutionise visual assessment and damage appraisal across various industries. By leveraging advanced computer vision research and machine learning techniques, Tractable’s AI products enable fast and accurate damage assessments, significantly speeding up recovery processes from accidents and other incidents.
Tractable’s AI delivers ultra-precise damage assessments by analysing images down to the pixel. Each estimate is accompanied by certainty scores that factor in visibility, image quality, and damage severity, ensuring both accuracy and speed for even the most complex claims. This precision is crucial for industries where detailed visual inspection is paramount.
Built for high-demand industries, Tractable’s AI processes thousands of claims daily while also identifying salvaged parts for repair. Its scalability across global markets transforms workflows, delivering unprecedented efficiency. The AI integrates effortlessly with existing systems using open APIs, enabling smooth collaboration between different technologies. This adaptability ensures consistent results across various industries and geographies.
Tractable’s solutions are tailored for a wide range of users, including insurers, repairers, recyclers, dealerships, and fleet managers. For insurers, the AI streamlines claims workflows with AI-powered damage detection and assessment. Repairers can capture more leads through the power of AI, while recyclers can optimise salvage bidding with AI-driven damage assessment and part identification. Dealerships benefit from AI imaging that goes beyond damage detection, and fleet managers can perform instant vehicle assessments to streamline check-ins, check-outs, and fleet maintenance.
Tractable is headquartered in London, United Kingdom. Founded in 2014, the company has grown to employ 189 people dedicated to advancing AI technology in visual assessment and damage appraisal.
Tractable boasts a world-class research and development team with over 30 years of combined research experience. The company’s solutions are built on five years of dedicated research and development work undertaken by a team of Oxford and Cambridge-trained researchers. This strong academic foundation ensures that Tractable’s AI products are at the forefront of technological innovation.
Tractable has raised $115 million from top-tier investors such as Georgian Partners and Insight Partners. The company achieved Unicorn status in 2021, underscoring its rapid growth and market impact. With locations across the world, Tractable is well-positioned to continue its mission of transforming industries through advanced AI solutions.
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