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Company profile: Tractable

1.1 - Company Overview

Tractable Logo

Tractable

Headquarter: United Kingdom
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of AI solutions for accident and disaster recovery, using deep learning to automate visual damage appraisal from photos, predict repair costs, and speed claim settlement. Offerings include Auto Estimator for vehicle damage assessment, Auto Reviewer to rapidly review claims and identify inconsistencies, and Property Estimator for immediate property damage assessment for insurers.

Products and services

  • Auto Reviewer: Deep-learning-assisted AI audits auto claims in minutes, flags inconsistencies using photo analysis to help insurers accelerate resolution
  • Auto Estimator: Deep-learning-powered AI evaluates vehicle damage from photos, predicts repair costs, and accelerates claims processing for the largest insurers worldwide via automated visual damage appraisal
  • Property Estimator: Insurer-calibrated AI assesses property damage from photos immediately, enabling appraisal in difficult-to-access areas to speed disaster recovery claims.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Tractable

Adcubum Logo

Adcubum

HQ: Switzerland Website
  • Description: Provider of software for the insurance industry, developing solutions for the insurance market of the future and creating an optimal environment for agile working methods.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Adcubum company profile →
Verikai Logo

Verikai

HQ: United States Website
  • Description: Provider of insurance technology that leverages alternative data and machine learning to optimize underwriting and risk management. Offers Capture360, an AI platform integrating medical, pharmaceutical, lifestyle and social determinants data for comprehensive risk reports and assessments for health plans, MGUs, captives and stop loss carriers, even without historical claims data.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Verikai company profile →
iPartners Logo

iPartners

HQ: United States Website
  • Description: Provider of insurance technology solutions, operating as a SaaS pioneer delivering business intelligence reporting services to Property & Casualty and Life Insurance companies.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full iPartners company profile →
Oxlo Logo

Oxlo

HQ: United States Website
  • Description: Provider of automotive retail SaaS integration and software solutions for OEMs, dealerships, and dealer software providers, delivering real-time bi-directional integration, interoperability certification, DMS data integration, workflow connectivity (IntegrateOnce), data acquisition/extraction (DataXtractor), custom applications, business intelligence, data collection, logging, and analytics to unify data and streamline operations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Oxlo company profile →
Avanti Travel Insurance Logo

Avanti Travel Insurance

HQ: United Kingdom Website
  • Description: Provider of a wide range of travel insurance and claims services.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Avanti Travel Insurance company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Tractable

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Tractable

2.2 - Growth funds investing in similar companies to Tractable

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4 - Top valuation comps for Tractable

4.2 - Public trading comparable groups for Tractable

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4.3 - M&A Transactions similar to Tractable

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Tractable

What does Tractable do?

Tractable is a provider of AI solutions for accident and disaster recovery, using deep learning to automate visual damage appraisal from photos, predict repair costs, and speed claim settlement. Offerings include Auto Estimator for vehicle damage assessment, Auto Reviewer to rapidly review claims and identify inconsistencies, and Property Estimator for immediate property damage assessment for insurers.

Who are Tractable's competitors?

Tractable's competitors and similar companies include Adcubum, Verikai, iPartners, Oxlo, and Avanti Travel Insurance.

Where is Tractable headquartered?

Tractable is headquartered in United Kingdom.

How many employees does Tractable have?

Tractable has 1,000 employees 🔒.

When was Tractable founded?

Tractable was founded in 2010 🔒.

What sector and industry vertical is Tractable in?

Tractable is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Tractable

Who are the top strategic acquirers in Tractable's sector and industry

Top strategic M&A buyers and acquirers in Tractable's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Tractable?

Top strategic M&A buyers groups and sectors for Tractable include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Tractable's sector and industry vertical

Which are the top PE firms investing in Tractable's sector and industry vertical?

Top PE firms investing in Tractable's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Tractable's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Tractable's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Tractable's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Tractable include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Tractable's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Tractable?

The key public trading comparables and valuation benchmarks for Tractable include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Tractable for public valuation benchmarks?

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What are recent M&A transactions in Tractable's sector and industry vertical?

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What are recent capital raises and funding rounds in Tractable's' sector and industry vertical?

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