Peak (company)

Peak is an artificial intelligence company headquartered in Manchester, UK.[1] It was founded in December 2014[2] and has additional offices in Jaipur, India, and Edinburgh, Scotland. It is known for its AI System, a SaaS platform that invokes AI workflows upon ingested data and exposes the results via APIs and built-in UI functionality, as well as abstracting the underlying cloud infrastructure[3].

Peak
Privately held company
Industryartificial intelligence
Founded2014 in Manchester, United Kingdom
Founder
  • Richard Potter
  • David Leitch
  • Atul Sharma
Headquarters,
United Kingdom
Number of locations
3
Websitepeak.ai

History

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]

CEO Richard Potter was named in the 2018 DataIQ 100 list of influential people in data-driven business[11] and has been quoted by The Daily Telegraph as saying of Manchester's start-up scene: "There are great networking opportunities and a genuine willingness from others for your business to succeed. We’re spoilt for choice with an abundance of business-related programmes, events and competitions in which to get involved."[12] He has also provided comment about the General Data Protection Regulation (GDPR) to Forbes[13] and The Express.[14]

In April 2020, the company raised $12 million in extended series A funding, required for sustaining its growth, commercial expansion, and R&D efforts[15].

gollark: Oh, also maybe power draw.
gollark: Differences in FPS in your games with all else the same.
gollark: GPU performance in games you play + pricing?
gollark: In a few years I think it'll be back on dedicated accelerator cards anyway.
gollark: Nvidia added real-time raytracing stuff to distract from the lack of significant generational price/performance improvement (because of poor competition in the market), and machine learning stuff for some reason, and then hyped them so much that they threw out stuff like "sanity" and "consistent branding".

References

  1. Chapman, Stephen (22 February 2018). "Artificial Intelligence company takes top floor of £8m Manchester development". Prolific North.
  2. "Northern Stars: Interview with Richard Potter (Peak)". Tech Nation. 22 October 2015.
  3. Wiggers, Kyle (2020-04-23). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 2020-05-04.
  4. Roue, Lucy (12 September 2017). "Data analytics company formed in pub secures £2.5m funding".
  5. "Northern Stars Grand Final 201". Tech Nation. 4 December 2015.
  6. Coker, Jon (2017-09-11). "MMC's investment in Peak". MMC writes. Retrieved 2018-04-09.
  7. Austin, Simon (11 September 2017). "Manchester data analytics firm Peak secures £2.5m funding". Prolific North.
  8. Volpicelli, Gian. "Startup Cities: Manchester". Wired. Retrieved 2018-04-09.
  9. "Peak signed up for Arsenal Innovation Lab". 17 January 2018.
  10. "37 of the UK's fastest growing Tech Companies join Upscale 2018". Tech City UK. 2018-01-25. Retrieved 2018-04-09.
  11. "Information commissioner tops 2018 DataIQ 100 list". BusinessCloud.co.uk. Retrieved 2018-04-09.
  12. Rahim, Hajra (2017). "4 tech hubs outside of London share the secret to success". The Telegraph. ISSN 0307-1235. Retrieved 2018-04-09.
  13. Ganatra, Rupa. "Getting Ready For GDPR". Forbes. Retrieved 2018-04-09.
  14. Gough, Owen (2018-04-07). "GDPR 2018: Will GDPR changes in May spell disaster for Britain's businesses?". Express.co.uk. Retrieved 2018-04-09.
  15. Wiggers, Kyle (2020-04-23). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 2020-05-04.
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