5 years ago
Peak Raises $12 Million to Advance its Enterprise AI System
UK-based AI startup Peak has raised $12 million in an extended Series A funding round led by MMC Ventures and Praetura Ventures
This brings the company's total funding to $18.5 million
Peak offers a full-stack enterprise AI System that simplifies AI deployment for businesses
The new funding will be used to support Peak's rapid growth, commercial expansion, and R&D efforts.
ProblemTechnology
"Businesses are struggling to adopt AI solutions because it's complex and requires multiple software applications. This slows down the process and makes it difficult to integrate AI into existing business systems."
Solution
"Peak is an all-in-one AI system that simplifies the process of deploying AI solutions. It combines infrastructure, data processing, AI workflow, and applications into a single SaaS product, reducing the number of software applications needed from seven to one. This allows businesses to quickly deploy AI solutions, integrate them with existing systems, and automate actions and optimization in real-time."