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Artificial intelligence startup Tractable has raised a $65 million Series E led by SoftBank. The startup deploys AI to visually assess damaged cars and properties for insurers. Artificial intelligence startup Tractable has raised $65 million in a round led by Japanese investment giant SoftBank. Tractable last raised funds in a $60 million Series D round when it was valued at over $1 billion. The company declined to comment on the valuation attached to its Series E round, which also included existing investors Insight Partners and Georgian.
Persons: SoftBank, Masayoshi Son, Son, Alex Dalyac, Venkat Sathyamurthy, Mohan Mahadevan, Nahoko Hoshino, Dalyac Organizations: Insight Partners, Vision Fund, Adobe, SoftBank Investment Locations: London, New York, Japan
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