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Peak acquired by Nasdaq-listed AI giant UiPath

Summary by BusinessCloud.co.uk

Manchester-based Peak has been acquired by Nasdaq-listed enterprise automation and AI software company UiPath. Richard Potter co-founded Peak in 2015 alongside David Leitch and Atul Sharma after a chat in a pub and in August 2021 announced a $75m Series C funding round led by SoftBank’s Vision Fund II. GP Bullhound advised on the sale to the New York headquartered tech giant UiPath. Peak’s CEO Richard Potter said: “When we started Peak, we set o…

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Fintech Finance

Peak3 Accelerates Expansion Plans in UK/EU for SaaS Solutions Following US$35 Million Fundraise

Peak3, a global leader in insurance technology, continues to make significant strides in the UK and European markets following its US$35 million Series A funding, supporting insurers in accelerating digital transformation through its proven, API-driven, cloud-native solutions. Driven by strong demand for digital-first, modular, and embedded insurance solutions, Peak3 has established its European headquarters in Dublin, Ireland, while focusing it…

20 days ago

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northernfinancialreview.com

Peak, Manchester AI firm, bought by NY-based UiPath – Northern Financial Review

Manhattan-based UiPath, the enterprise automation and AI software company, has announced the acquisition of Peak, an “AI-native” company based in Manchester. UiPath said Peak enables customers to develop AI workflows, process data, and provide predictions that “are used to optimize critical business processes through APIs or integrated web applications.” It said Peak also provides a new breed of AI-based decisioning applications that enable busi…

20 days ago

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CXO Insight Middle East

UiPath acquires Peak to launch vertically specialised agents within its agentic automation platform | CXO Insight Middle East

UiPath acquires peak to launch vertically specialised agents within its agentic automation platformUiPath announced the acquisition of Peak, an AI-native company based in Manchester, United Kingdom. The Peak AI platform optimises product inventory and pricing for businesses of all sizes and across a wide range of industries, providing customers with tangible outcomes quickly and without the need for large, in-house tech teams. “With the acquisit…

20 days ago

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Directors Club® News

UiPath Acquires Peak to Launch Vertically Specialised Agents within its Agentic Automation Platform - Directors Club News

UiPath, a leading enterprise automation and AI software company, announced the acquisition of Peak, an AI-native company headquartered in Manchester, United Kingdom. The Peak AI platform optimizes product inventory and pricing for businesses of all sizes and across a wide range of industries, providing customers with tangible outcomes quickly and without the need for large, … Continue reading UiPath Acquires Peak to Launch Vertically Specialised…

20 days ago

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ChannelLife New Zealand

+5 Reposted by 5 other sources

UiPath acquires Peak to boost vertical AI solutions

UiPath has acquired Manchester-based AI firm Peak, aiming to enhance its vertical AI solutions and expand its market presence across various industries.

21 days ago

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