Tractable claims $25M to sell damage-assessing AIs to more insurance giants

London-based insurtech AIstartup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer vision to perform visual damage appraisal instead of getting humans to do the job, has closed a $25 million Series C, led by Canadian investment fund Georgian Partners.
Existing investors also participated, including Insight Partnersand Ignition Partners. The round nearly doubles the 2014-founded startup’s total funding, taking it to $55M raised