Tech Company Financing Transactions
Tractable Funding Round
Tractable secured a $65 million Series E funding round on 7/18/2023. Backers included SoftBank Vision Fund, Georgian and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series E
Investors
Proceeds Purpose
It will be using the funding both to continue growing that existing business; but also to invest deeper into one of its biggest markets, Japan; and to incorporate more of the latest advances in AI to expand its services from insurance assessments into repairs, maintenance and sales of the items it scans.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
207 Old St. The Bower
London, EC1V 9NR
UK
London, EC1V 9NR
UK
Phone
Website
Email Address
Overview
Tractable works with some of the largest insurers in the US and the UK such as Ageas, as well as technology providers to the collision repair industry, like Mitchell International.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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