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

Marcel Le Gouais
17 June 2021
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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

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Marcel Le Gouais
Deputy Editor
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