London-based Tractable is a software company that develops artificial intelligence (AI) for accident and disaster recovery. In a recent development, the company announced that it has raised $60M (approx €50.37M) in its Series D round of funding. With this deal, Tractable claims to have become the world’s first computer vision ‘unicorn’ for financial services.
The round was led by Insight Partners and Gerogian. And with this development, the company has now raised a total of $115M (approx €96.65M) in funding and is currently valued at $1B (approx €839.54M).