AI firm aims to be ‘P&C partner of choice’ after fundraise nets $1bn valuation
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

AI firm aims to be ‘P&C partner of choice’ after fundraise nets $1bn valuation

Marcel Le Gouais
17 June 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Cohen_adrien_2021.jpg
Tractable president Adrien Cohen

An artificial intelligence (AI) technology company that helps carriers appraise car and property damage has secured a $60mn Series D funding round, valuing the company at $1bn.

Tractable – which lets users submit photos of damaged cars and property to obtain immediate appraisals and expedite claims decisions – secured the capital in a round led by existing investors Insight Partners and Georgian.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News InsurTech Property treaty
LeGouais_Marcel.png
Marcel Le Gouais
Deputy Editor
Gift this article