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Insuretech Startup Tractable Secures $8 Million

Tractable Secures $8 Million to Help Insurance Claims with AI Technology

Tractable announced it has raised $8 million in Series A financing. Seven investors participated in the round, among them Ignition Partners and Zetta Venture Partners.

Tractable builds deep learning tools for visual inspection that can perform faster, cheaper, and more accurately than humans. Focusing on computer vision and insurance claims, its technology automates an expert’s task at near zero marginal cost.