Peak (company)

Last updated
Peak
Company typePrivately held company
IndustryArtificial intelligence
Founded2015;9 years ago (2015) in Manchester, United Kingdom
Founder
  • Richard Potter
  • David Leitch
  • Atul Sharma
Headquarters,
United Kingdom
Number of locations
3
Website peak.ai

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

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]

Related Research Articles

<span class="mw-page-title-main">Figure Eight Inc.</span> American software company

Figure Eight was a human-in-the-loop machine learning and artificial intelligence company based in San Francisco.

Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies.

<span class="mw-page-title-main">Qloo</span> Artificial intelligence software company

Qloo is a company that uses artificial intelligence (AI) to understand taste and cultural correlations. It provides companies with an application programming interface (API). It received funding from Leonardo DiCaprio, Elton John, Barry Sternlicht, Pierre Lagrange and others.

Headquartered in Tel Aviv Cortica utilizes unsupervised learning methods to recognize and analyze digital images and video. The technology developed by the Cortica team is based on research of the function of the human brain.

<span class="mw-page-title-main">WalkMe</span> American web-based software company

WalkMe is an American multinational software-as-a-service (SaaS) company, with headquarters in San Francisco, California. Its digital adoption platform (DAP) was recognized in Everest Group's PEAK Matrix Assessment of DAP vendors as the leading DAP product. Alongside its headquarters in San Francisco, the company has offices in Raleigh, North Carolina; Tel Aviv, Israel, and a global footprint including the United Kingdom, Australia, and Japan.

RJMetrics is an American software company headquartered in Philadelphia, Pennsylvania. The company offers big data analytics to small and midsize businesses.

<span class="mw-page-title-main">Unbabel</span> Artificial intelligence-powered human translation platform

Unbabel is an artificial intelligence-powered human translation platform. The company has headquarters in Lisbon, Portugal, and San Francisco, California.

<span class="mw-page-title-main">M12 (venture capital)</span> American corporate venture capital subsidiary of Microsoft

M12, formerly Microsoft Ventures, is a corporate venture capital subsidiary of Microsoft. Founded in March 2016, its mission is to be an active, strategic partner during a startup's growth, typically investing between Series A and D. The fund is managed by Michelle Gonzalez, formerly of Google.

<span class="mw-page-title-main">Dataiku</span> French machine learning company

Dataiku is an American artificial intelligence (AI) and machine learning company which was founded in 2013. In December 2019, Dataiku announced that CapitalG—the late-stage growth venture capital fund financed by Alphabet Inc.—joined Dataiku as an investor and that it had achieved unicorn status. As of 2021, Dataiku is valued at $4.6 billion. Dataiku currently employs more than 1,000 people worldwide between offices in New York, Denver, Washington DC, Los Angeles, Paris, London, Munich, Frankfurt, Sydney, Singapore, Tokyo, and Dubai.

ThoughtSpot, Inc. is a technology company that produces business intelligence analytics search software. The company is based in Mountain View, California, and was founded in 2012.

<span class="mw-page-title-main">Qualcomm Ventures</span> Investment arm of Qualcomm

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with 140+ active portfolio companies. Investing in startups targeting the wireless ecosystem, the group focuses on investments in the sectors of automotive, data center and enterprise, digital health, Internet of Things (IoT), and mobile.

<span class="mw-page-title-main">Synack</span>

Synack is an American technology company based in Redwood City, California. The company uses a crowdsourced network of white-hat hackers to find exploitable vulnerabilities and a SaaS platform enabled by AI and machine learning to identify these vulnerabilities. Customers include government agencies and businesses in retail, healthcare, and the manufacturing industry.

<span class="mw-page-title-main">Graphcore</span> British semiconductor company

Graphcore Limited is a British semiconductor company that develops accelerators for AI and machine learning. It has introduced a massively parallel Intelligence Processing Unit (IPU) that holds the complete machine learning model inside the processor.

Anodot is an American data analytics company that uses machine learning and artificial intelligence for business monitoring and anomaly detection.

<span class="mw-page-title-main">Fusion LA</span> Israeli startup accelerator

Fusion VC is a venture capital firm and an accelerator for Israeli startups in the United States. It was founded in 2017 and is headquartered in the United States with offices in Israel.

<span class="mw-page-title-main">Lunchclub</span> American social media company

Lunchclub is an American social platform that uses artificial intelligence and machine learning to connect users with common interests and objectives. Lunchclub operates remote-first, and lacks an official physical headquarters. The platform is accessible through a mobile app or a web browser.

Synthesia is a synthetic media generation company that develops software used to create AI generated video content. It is based in London, England.

Tabnine is an artificial intelligence (AI) coding assistant developed by Tabnine, which was founded by Dror Weiss and Professor Eran Yahav in Tel Aviv, Israel, in 2013. Initially established under the name Codota, the company underwent a rebranding in May 2021 following the release of the company’s first large language model based AI coding assistant, adopting the name Tabnine.

MindsDB is an open-source virtual database which automates pipelines that connect real-time data to AI systems.

<span class="mw-page-title-main">Hailo Technologies</span>

Hailo Technologies is an Israeli AI technology company specializing in designing and manufacturing AI processors and AI accelerator used in autonomous vehicles, security cameras, autonomous mobile robots, etc.

References

  1. Chapman, Stephen (22 February 2018). "Artificial Intelligence company takes top floor of £8m Manchester development". Prolific North.
  2. "What is DI: Interview with Richard Potter (Peak)". BCS. 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. Wiggers, Kyle (2020-04-23). "Peak.AI raises $12 million to bolster enterprise AI adoption". VentureBeat. Retrieved 2020-05-04.
  12. 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.
  13. "Peak raises $75M for a platform that helps non-tech companies build AI applications". TechCrunch. Retrieved 2021-11-03.