Tractable raises US$65 million Series E led by SoftBank Vision Fund 2, the company said on 18 July 2023.
On 18 July 2023 Tractable announced a US$65 million Series E led by SoftBank Vision Fund 2; Insight Partners and Georgian participated.
Nahoko Hoshino (SoftBank Investment Advisers) joined the Tractable board.
Company uses computer vision to assess cars and homes from smartphone photos for insurance claims, repair and salvage.
At announcement: processed more than US$7 billion in annualised auto and home repairs/acquisitions; customers included American Family Insurance and Aviva.