Peak | |
Type: | Privately held company |
Industry: | Artificial intelligence |
Predecessors: | --> |
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Founded: | in Manchester, United Kingdom |
Hq Location City: | Manchester |
Hq Location Country: | United Kingdom |
Num Locations: | 3 |
Areas Served: | --> |
Profit: | --> |
Profit Year: | --> |
Owners: | --> |
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]
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]