Announced
Completed
Synopsis
Insight Partners, an American venture capital and private equity firm, led a $60m series D funding round in Tractable, a software company, with participation from Georgian, a fintech company. "Six years ago we founded Tractable to bring the AI breakthrough in image classification to the real world. We cracked how to assess cars, helping over a million people recover from accidents, and helping recycle cars that couldn't be repaired. We've turned $55m raised until now into $1bn of valuation. And yet, there are other image recognition tasks out there, and more AI breakthroughs to come. Next up for us is homes," Alex Dalyac, Tractable CEO and founder.
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