Peak AI Raises $75 Million in Series C

by Kay Aloha Villamor in September 1st, 2021

Peak AI, a U.K-based A.I company that has built a “decision intelligence” platform, has raised $75 million in Series C funding.

Led by SoftBank Vision Fund 2, previous backers Oxx, MMC Ventures, Praetura Ventures, and Arete also participated in the round.

The fund will be used to continue building out its platform, expand into new markets and hire some 200 new people in the coming quarters.

Company: Peak AI Ltd.

Raised: $75.0M

Round: Series C

Funding Month: August 2021

Lead Investors: SoftBank Vision Fund 2

Additional Investors: Oxx, MMC Ventures, Praetura Ventures, and Arete

Company Website: https://peak.ai/

Software Category: Decision intelligence platform> AI

About the Company: Peak is a decision intelligence company that provides a platform to offer data analysis services. The company helps commercial decision-making for the companies with its AI software. Peak’s pioneering Decision Intelligence software embeds AI across sales, marketing, planning, and supply chains to accelerate revenues and profits. Headquartered in Manchester (UK), Peak’s customer base includes PrettyLittleThing, AO, KFC, PepsiCo, Marshalls, and Speedy Hire.

Source: https://techcrunch.com/2021/08/31/peak-raises-75m-for-a-platform-that-helps-non-tech-companies-build-ai-applications/

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