Tractable today announces the hire of a new Chief Science Officer, Mohan Mahadevan, to lead the company’s artificial intelligence (AI) development and research.
Mohan Mahadevan - former Head of Computer Vision and Machine Learning (Robotics Applications) at Amazon - will lead the company’s development and application of AI to challenges in the automotive and property sectors, where its solutions enable customers to visually assess images of a car or a home, classify their condition or amount of damage, and provide a detailed repair estimate, very quickly and consistently, at scale.
In addition, Mr Mahadevan - whose most recent role was as Senior Vice President of Applied Science at UK computer vision unicorn Onfido - will help develop Tractable’s AI so it improves efficiency and adds value across the entire repairs and claims ecosystem - reducing waste, cutting carbon emissions, and increasing the scale of recycling and reuse, while helping people recover sooner from accidents and natural disasters.
He will also drive the next evolution of Tractable’s AI solutions to address challenges in other sectors and industries. At Tractable, Mr. Mahadevan will lead a team of more than 40 AI and computer vision scientists, including PhDs from global top universities and research labs, who develop the technology that is at the core of Tractable’s products.
Alex Dalyac, Tractable founder and CEO, said: “We want our AI solutions to help people work faster and smarter, while also reducing friction and waste - helping businesses and the planet. Mohan’s established expertise is in implementing cutting-edge AI solutions so they make a tangible difference in real-world situations, and I am therefore delighted that he has joined our mission to make Tractable a global leader in Applied AI.”
Mr Mahadevan said: “Tractable has built a reputation in the tech industry as the leader at applying computer vision to auto and property assessment, working with the world’s most innovative insurers and corporations. I’m excited to help the company further increase its competitive advantage in its existing domains, while also expanding what we can do to assist with new use cases and challenges, including tackling the increasing impact of climate change as it brings more frequent and severe weather events.”
Tractable co-founder Adrien Cohen has decided to transition to a non-operational role at the company, and will step down as president. Mr Cohen will remain on the Board, and his responsibilities will be shared by Mr Dalyac and co-founder and CTO Razvan Ranca.
Mr Dalyac said: “Adrien has been instrumental in Tractable’s growth trajectory, and a key figure in establishing the company as the world’s first computer vision unicorn for financial services. While his drive and insight will be missed day-to-day, we are glad to retain his expertise and wisdom on the Tractable board, where he will continue to support the company’s development.”
Mr Cohen said: “I am proud of what Tractable has achieved - we built and scaled the company from humble beginnings into a global presence, helping millions of people worldwide recover from accidents faster, and employing more than 350 people. We have become the category leader - it is now the right time for me to take a step back from the operations. With Alex and Raz, I know the company is in good hands and I am excited for the future of Tractable under their leadership. I will remain strongly involved and look forward to supporting and advising the company from the board.”