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
Manchester
,
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].

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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