Tractable
Tractable is an AI company that uses computer vision and machine learning to assess vehicle and property damage from photos for the insurance and automotive industries.
Tractable, founded in 2014, builds artificial intelligence systems that use computer vision and machine learning to visually assess damage to vehicles and properties. Its core product analyses customer-submitted photographs to estimate repair needs, identify damage, recommend parts, and predict repair methods. The company claims this can speed accident recovery by up to ten times.
The company's AI solutions process over $2 billion in annual value and are used by more than 35 partners, including over ten Fortune 500 firms, primarily across the insurance, automotive dealership, repair services, recycling, and fleet rental sectors. Tractable was recognised by Everest Group as a Top 50 P&C Insurance Technology Provider and achieved unicorn status in 2021.
Tractable is headquartered in London and maintains offices in New York, Toronto, Tokyo, Warsaw, Paris, Milan, and Bangkok. The company is a Certified Great Place to Work. Its stated mission centres on improving customer experiences and driving recycling efforts, with an emphasis on freeing employees' time for higher-value tasks.
