Tractable is a London based technology company developing computer vision technology to expedite visual analysis tasks. The artificial intelligence platform uses its visual analysis platform to reduce the time taken to assess damage to estimate repair costs.
Tractable’s platform uses proprietary artificial intelligence and machine learning algorithms to learn and perform visual tasks. As of May 2019, its visual analysis platform is used for two major applications; Car damage appraisal and Disaster recovery.
Car Damage Appraisal
The platform can audit a massive number of insurance claims which would take hours with manual expert classification. The AI platform is trained on millions of auto damage images and repair decisions from its partner companies to make car damage insurance appraisal faster. It automates the process of detecting parts of a vehicle and assesses the need for replacement parts.
The company works with satellite agencies, drone operators, camera mounted aircraft operators to analyze disaster areas to assess the damage. The data can help governments and disaster relief teams to provide faster response to disasters areas to provide support and start rebuilding.
The company also provides image classification service for industries who are interested in getting insights from their image data-sets.
Tractable AI raises a $8,000,000 series A round from Ignition Partners, Zetta Venture Partners, Greg Gladwell, Andy Homer, Scott Roza, Tony Emms and Stuart Bartlett.
Tractable AI was founded.
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Ashish Ranjan Jha
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Bauke van Gameren
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Dr. Ken Chatfield
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- Cluster: Artificial intelligenceA cluster of topics related to artificial intelligence.
- Computer VisionComputing field for recognizing information from images and videos
- CompanyA company, abbreviated 'co.', is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.