Peak Analysis: $111M Raised
What is Peak?
Peak is an AI platform that specializes in optimizing product inventory and pricing decisions for businesses. Their approach simplifies AI adoption, making it accessible to organizations without large tech teams. This enables businesses to enhance performance, drive growth, and increase profitability through tailored AI solutions.
Employees
201-500
Founded
2021
Industry
SaaS, AI/ML, Data Analytics
Product Features & Capabilities
- Inventory AI for optimizing stock management
- Pricing AI for dynamic price optimization
- Co:Driver™ for AI-assisted decision-making
- AI services for tailored business solutions
- Data management and security for robust AI implementation.
Use Cases
Optimize inventory levels to meet demand; Adjust pricing strategies based on market conditions; Forecast demand accurately to reduce waste; Enhance production planning for efficiency; Improve service levels by predicting stock issues.
How much Peak raised
Series C - $75 million
August 31, 2021Lead Investor: SoftBank Vision Fund 2, MMC Ventures, Oxx, Praetura Ventures, Arete, Octopus Ventures
Series A - £2.5 million
September 11, 2017Lead Investor: MMC Ventures, Praetura Capital
Series B - $21 million
February 17, 2021Lead Investor: Oxx, existing investors
Extended Series A - $12 million
April 23, 2020Lead Investor: MMC Ventures, Praetura Ventures
Other Considerations
Partnered with UiPath for enhanced AI capabilities; Trusted by leading companies across various sectors; Focused on rapid deployment and tangible results.
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Financial Overview
$111MTotal Raised
Series C$75 million
August 31, 2021
Investors: SoftBank Vision Fund 2, MMC Ventures, Oxx, Praetura Ventures, Arete, Octopus Ventures
Series A£2.5 million
September 11, 2017
Investors: MMC Ventures, Praetura Capital
Series B$21 million
February 17, 2021
Investors: Oxx, existing investors
Extended Series A$12 million
April 23, 2020
Investors: MMC Ventures, Praetura Ventures
