Tractable taps former Microsoft CFO to scale up in North America
Tractable, a technology company developing artificial intelligence (AI) for accident and disaster recovery, has appointed former Microsoft CFO and investor John Connors to its board of directors as it looks to explore further traction with North American insurers.
Connors has over 30 years of experience with high-growth companies in North America. At Microsoft, he led several worldwide divisions, including finance, information technology, worldwide operations and the enterprise sales group. More recently, at Ignition Partners he serves as a managing partner and board member.
As a member of the board, Connors will advise Tractable’s leadership on product development and delivery, market expansion, and growth planning.
Tractable said his experience in building enterprise businesses in the US will help the company grow and scale its AI solutions internationally. Currently, insurers including Tokio Marine, MS&AD, Covéa, PZU and Ageas use Tractable’s AI to accelerate accident recovery.
The company plans to significantly increase its impact in North America in 2021 by launching new applications of its technology within the collision industry.
In February 2020, Tractable completed its $25 million Series C funding round, bringing the total raised to $55 million, the company now has offices in London, New York and Tokyo, as well as staff in France, Germany, Spain and Thailand.
Alex Dalyac, co-founder and chief executive of Tractable, said: “We are honored to welcome John Connors, the former CFO of Microsoft, to the Tractable Board. We are already feeling his drive to build a software company of consequential scale. And I suppose that to all the Terminator fans out there, this is the alternate reality where John Connor(s) is proactively bringing AI to the real world!”
Connors commented: “Tractable has become the global leader in accelerating visual assessments with AI, growing exceptionally quickly as companies achieve the efficiencies that its solutions create. I’m looking forward to helping the founders build a global tech champion that’s applying cutting-edge technology to established problems, and restoring many more people’s livelihoods more quickly in the process.”
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