New York, NY – August 29, 2025 – Tractable, the company building AI for visual assessment, today announced it has reached a definitive agreement with NTT-ME Corporation to acquire its Property Insurance business in Japan. This strategic move allows Tractable to focus on the automotive ecosystem, accelerating innovation and investment in the solutions that repairers, dealerships, recyclers, and insurers rely on.
About the Transaction
The sale of the Japan Property is a deliberate step to sharpen our focus and ensure that every one of our strategic priorities in the automotive space is properly resourced. We are incredibly optimistic about the opportunities ahead of us and believe this strengthened focus will accelerate our growth and innovation, enabling us to explore new solutions that can increase top-line revenue for our automotive partners.
NTT-ME, a technology company and a leader in providing disaster support solutions for local municipalities within the NTT East Group, is the ideal partner to grow and support the Property product and its customers. The business being transferred includes the AI solutions Property Estimator (for calculating building repair costs) and Property Underwriter (for creating home inspection reports).
What This Means for Tractable
This partnership strengthens Tractable’s commitment to its automotive AI platform, enabling the company to deliver enhanced capabilities more quickly to its customers. By focusing on our auto business, we are doubling down on our commitment to the Japanese market. Tractable will still work with the same clients, but with a clearer, more focused approach on the Auto business.
About Tractable
Tractable is a leader in AI applied to insurance, specializing in AI-driven damage assessment solutions, providing insurers and their customers with fast and reliable solutions for claims management.
- LinkedIn: www.linkedin.com/company/tractable
- Facebook: www.facebook.com/tractableAI
- Contact:
Akira Yamamura: akira.yamamura@tractable.ai
Felix Lau: felix.lau@tractable.ai
For media inquiries, please contact: press@tractable.ai
