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Tractable - About the company

Tractable is a series E company based in London (United Kingdom), founded in 2014 by Razvan Ranca, Alex Dalyac and Adrien Cohen. It operates as a Developer of artificial intelligence software for automated vehicle damage assessment. Tractable has raised $185M in funding from investors like Entrepreneur First, Georgian and Insight Partners, with a current valuation of $1B. The company has 330 active competitors, including 42 funded and 39 that have exited. Its top competitors include companies like Guidewire, Duck Creek and Insurity.

Company Details

Developer of artificial intelligence software for automated vehicle damage assessment. This technology utilizes computer vision to analyze images of automobiles to identify dents, scratches, and other structural defects. The software generates repair estimates and identifies salvageable parts for use in insurance claims, collision repair, and fleet maintenance workflows. It integrates with existing systems to process visual data and provide technical assessments of vehicle condition.
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Email ID
*****@tractable.ai
Phone Number
+44 **********
Registered Address
51 HOMER ROAD,SOLIHULL,WEST MIDLANDS,UNITED KINGDOM,B91 3QJ
Key Metrics
Founded Year
2014
Location
Stage
Series E
Total Funding
$185M in 7 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jun 17, 2021
Ranked
Employee Count
176 as on Aug 31, 2026
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Tractable's funding and investors

Tractable has raised a total funding of $185M over 7 rounds. Its first funding round was on Jun 29, 2015. Its latest funding round was a Series E round on Jul 18, 2023 for $65M. 3 investors participated in its latest round. Tractable has 14 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Tractable:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 18, 2023
$65M
Series E
-
-
Jun 17, 2021
$60M
Series D
$1B
-
-
Feb 27, 2020
$25M
Series C
$1B
-
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Tractable's founders and board of directors

Founder? Claim Profile
The founders of Tractable are Razvan Ranca, Alex Dalyac and Adrien Cohen.
Here are the details of Tractable's key team members:

Tractable's Board of Directors

Tractable's board has 3 active members. Razvan Ranca is part of team and Venkat Sathyamurthy and Venkat Sathyamurthy are independent board members.
Here is the list of Tractable's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 8m
Independent board member
-
Current
1y 10m
Independent board member
-
Current
1y 10m
Independent board member
-
Past
9y 8m
Independent board member
-
Past
2y 11m
Independent board member
-
Past
0y 7m

Tractable's employee count trend

Tractable has 176 employees as of Aug 26. Here is Tractable's employee count trend over the years:
Employee count trend for Tractable
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Tractable's Competitors and alternates

Top competitors of Tractable include Guidewire, Duck Creek and Insurity. Here is the list of Top 10 competitors of Tractable, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Guidewire
Guidewire
2001, San Mateo (United States), Public
Cloud-based platform for property and casualty insurance
-
77/100
2nd
Logo for Duck Creek
Duck Creek
2000, Boston (United States), Acquired
Provider of cloud-based solutions for property and casualty and general insurance
$350M
71/100
3rd
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
67/100
4th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
66/100
5th
Logo for Solera
Solera
2006, Dallas (United States), Acquired
Insurance life cycle management solutions
-
65/100
6th
Logo for Hyperexponential
Hyperexponential
2017, London (United Kingdom), Series B
Developer of software for commercial insurance pricing and underwriting workflows
$91M
65/100
7th
Logo for Applied
Applied
1983, University Park (United States), Acquired
Provider of a cloud-based software suite for P&C insurers, MGA and agents
-
62/100
8th
Logo for CLARA analytics
CLARA analytics
2016, Santa Clara (United States), Series C
Workers' Compensation claims management with predictive analytics
$64M
62/100
9th
Logo for Seyna
Seyna
2018, Paris (France), Series A
Insurance policy and claims management solutions for the insurance industry
$66.9M
61/100
10th
Logo for OneShield
OneShield
1999, Marlborough (United States), Series E
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
$52.5M
58/100
11th
Logo for Tractable
Tractable
2014, London (United Kingdom), Series E
Developer of artificial intelligence software for automated vehicle damage assessment
$185M
58/100
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Tractable's Investments and acquisitions

Tractable has made no investments or acquisitions yet.

Reports related to Tractable

Here is the latest report on Tractable's sector:

News related to Tractable

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