Peak (company)

Last updated
Peak
Company typePrivately held company
IndustryArtificial intelligence
Founded2015;10 years ago (2015) in Manchester, England
Founder
  • Richard Potter
  • David Leitch
  • Atul Sharma
Headquarters Manchester, England
Number of locations
3
Owner UiPath
Website peak.ai

Peak is a British multinational artificial intelligence company based in Manchester, England. [1] Founded in 2015, [2] it has additional offices in Jaipur, India, and New York City, United States.

The firm 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

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, which is required to sustain 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, it announced a $75 million Series C funding round, led by SoftBank Vision Fund 2. [13]

In March 2025, Peak was acquired by leading global software company, UiPath. [14] [15]

References

  1. ↑ Chapman, Stephen (22 February 2018). "Artificial Intelligence company takes top floor of £8m Manchester development". Prolific North. Archived from the original on 4 August 2021. Retrieved 4 April 2018.
  2. ↑ "What is DI: Interview with Richard Potter (Peak)". BCS. 22 October 2015. Retrieved 14 November 2025.
  3. ↑ Wiggers, Kyle (23 April 2020). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 4 May 2020.
  4. ↑ Roue, Lucy (12 September 2017). "Data analytics company formed in pub secures £2.5m funding". Manchester Evening News. Retrieved 14 November 2025.
  5. ↑ Peatfield, Noel (4 December 2015). "Northern Stars Grand Final 2015". Tech Nation. Archived from the original on 7 December 2022. Retrieved 14 November 2025.
  6. ↑ Coker, Jon (11 September 2017). "MMC's investment in Peak". MMC writes. Retrieved 9 April 2018.
  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 9 April 2018.
  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. 25 January 2018. Retrieved 9 April 2018.
  11. ↑ Wiggers, Kyle (23 April 2020). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 4 May 2020.
  12. ↑ Lunden, Ingrid (18 February 2021). "Peak AI nabs $21M for a platform to help non-tech companies make AI-based decisions". TechCrunch. Retrieved 17 February 2021.
  13. ↑ "Peak raises $75M for a platform that helps non-tech companies build AI applications". TechCrunch. 31 August 2021. Retrieved 3 November 2021.
  14. ↑ Lunden, Ingrid (13 March 2025). "UiPath looks for a path to growth with Peak agentic AI acquisition". TechCrunch. Retrieved 7 April 2025.
  15. ↑ "Finding new agentic paths with specialized agents: a look behind our acquisition of Peak". UiPath. Retrieved 23 November 2025.
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