Peak (company)
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| Company type | Privately held company |
|---|---|
| Industry | Artificial intelligence |
| Founded | 2015 in Manchester, United Kingdom |
| Founder |
|
| Headquarters | , United Kingdom |
Number of locations | 3 |
| Website | peak |
Peak is an artificial intelligence company headquartered in Manchester, UK.[1] It was founded in 2015[2] and has additional offices in Jaipur, India, and New York City, United States. It is known for its artificial intelligence platform, a SaaS platform that allows data scientists to build AI workflows, invoke them on ingested data and expose the results via APIs and/or built-in web applications, as well as abstracting the underlying cloud infrastructure.[3]
History
[edit]The company was founded by CEO Richard Potter, David Leitch and Atul Sharma.[4] In 2015, Peak was one of the winners of the Tech North Northern Stars competition.[5] In 2017, it secured £2.5 million in Series A capital funding from MMC Ventures[6] for investment in machine learning and artificial intelligence technologies[7] and was named as one of the top five startups in Manchester by Wired magazine.[8] In 2018, it was chosen to work as part of Arsenal F.C.'s Innovation Lab[9] and it was one of the 37 fastest growing technology companies in the UK selected to join the Tech City UK Upscale programme.[10]
In April 2020, the company raised $12 million in extended series A funding, required for sustaining its growth, commercial expansion, and R&D efforts.[11] In February 2021, Peak announced a $21 million Series B funding round – led by investors Oxx, Praetura Ventures, MMC Ventures and Arete – to further make AI accessible to non-tech companies.[12] In August 2021, Peak announced a $75 million Series C funding round, led by SoftBank Vision Fund 2.[13]
References
[edit]- ^ Chapman, Stephen (22 February 2018). "Artificial Intelligence company takes top floor of £8m Manchester development". Prolific North.
- ^ "What is DI: Interview with Richard Potter (Peak)". BCS. 22 October 2015.
- ^ Wiggers, Kyle (2020-04-23). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 2020-05-04.
- ^ Roue, Lucy (12 September 2017). "Data analytics company formed in pub secures £2.5m funding".
- ^ "Northern Stars Grand Final 201". Tech Nation. 4 December 2015.
- ^ Coker, Jon (2017-09-11). "MMC's investment in Peak". MMC writes. Retrieved 2018-04-09.
- ^ Austin, Simon (11 September 2017). "Manchester data analytics firm Peak secures £2.5m funding". Prolific North.
- ^ Volpicelli, Gian. "Startup Cities: Manchester". Wired. Retrieved 2018-04-09.
- ^ "Peak signed up for Arsenal Innovation Lab". 17 January 2018.
- ^ "37 of the UK's fastest growing Tech Companies join Upscale 2018". Tech City UK. 2018-01-25. Retrieved 2018-04-09.
- ^ Wiggers, Kyle (2020-04-23). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 2020-05-04.
- ^ Lunden, Ingrid (2021-02-18). "Peak AI nabs $21M for a platform to help non-tech companies make AI-based decisions". TechCrunch. Retrieved 2021-02-17.
- ^ "Peak raises $75M for a platform that helps non-tech companies build AI applications". TechCrunch. Retrieved 2021-11-03.