SoftBank Vision Fund 2 led a $65m Series E round in Tractable.

SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $65m Series E round in Tractable, a developer of software that uses computer vision to assess the condition of cars and homes, with participation from Insight Partners and Georgian. "We are excited to work with Alex, Razvan and team, who have been the forerunners of applying AI computer vision to bring efficiency into the insurance claims management process via applying AI computer vision. As strong believers in AI technology, we see huge potential for the technology to scale globally, embedding AI adoption into other verticals through exploring new use cases. Tractable already has strong traction in auto, whereas property is the exciting new opportunity that is ripe for disruption," Nahoko Hoshino, SoftBank Investment Advisers Investment Director.