Tag: Tractable

Capture investment opportunities created by megatrends

Extra Crunch roundup: finding GTM, China’s edtech clampdown and how to define growth

Early-stage startups tend to claim that their go-to-market strategy is fully operational. In reality, GTM is a stark numbers game, and even with a solid plan in place, it can be easily foiled by common problems like turf battles and poor communication. Finding GTM fit is a milestone for any startup that includes everything from…
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23 July 2021 0

From Damage Assessment to Driver Assistance, Computer Vision Tech Pervades

In a historic 2012 ImageNet competition, a team led by Geoff Hinton debuted a new network architecture whose performance outshone all previous efforts at computer-based image recognition. With that, the era of deep learning was born, with computer vision as its original use case. Since then, computer vision capabilities have raced ahead. In layman terms,…
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8 July 2021 0

As European Insurtech Surges, Learnings from a Maturing First Wave

In the first half of 2021, European insurtech start-ups surpassed the 2020 total capital invested by more than a billion dollars, nearing $1.9 billion at end of May. The continent saw a few mega-deals, such as health insurer Alan’s €185 million Series D and fraud-detection software provider Shift Technology’s $220 million round. Other insurtechs to…
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1 July 2021 0

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read”…
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16 June 2021 0