UiPath acquires Peak, a UK startup whose AI platform optimises inventories and pricing for retailers

UiPath, an enterprise automation and AI software company, has announced the acquisition of Peak, a company based in Manchester, UK, whose AI platform optimises product inventory and pricing for the likes of Boden and The Body Shop.

 Financial terms of the deal were not disclosed.

“With the acquisition of Peak, we are accelerating our mission to strengthen our vertical AI solutions strategy,” says Daniel Dines, Founder and CEO at UiPath. “When combined with the UiPath platform, Peak’s exceptional purpose built AI applications will enhance our ability to provide solutions that optimise industry specific use cases and deliver incredible value to customers.”

“Joining forces with UiPath is the perfect next step for us at this stage of our journey, and I couldn’t be more excited. As automation and agentic AI converge, we’re entering a new era of possibilities for the enterprise,” says Richard Potter, CEO and Co-Founder at Peak.

“UiPath’s global reach, deep enterprise expertise, and unwavering commitment to AI innovation will enable us to accelerate our vision - empowering businesses with specialised decision-making AIs at scale. We are incredibly proud of what we’ve built, and as part of UiPath, we look forward to delivering even greater value to our customers while pushing the boundaries of what’s possible with AI in the enterprise.” 

RTIH AI in Retail Awards

RTIH, organiser of the industry leading RTIH Innovation Awards, proudly brings you the first edition of the RTIH AI in Retail Awards, which is now open for entries. 

As we witness a digital transformation revolution across all channels, AI tools are reshaping the omnichannel game, from personalising customer experiences to optimising inventory, uncovering insights into consumer behaviour, and enhancing the human element of retailers' businesses.

With 2025 set to be the year when AI and especially gen AI shake off the ‘heavily hyped’ tag and become embedded in retail business processes, our newly launched awards celebrate global technology innovation in a fast moving omnichannel world and the resulting benefits for retailers, shoppers and employees.

Our 2025 winners will be those companies who not only recognise the potential of AI, but also make it usable in everyday work - resulting in more efficiency and innovation in all areas.

Winners will be announced at an evening event at The Barbican in Central London on Thursday, 3rd July.

This will kick off with a drinks reception in the stunning Conservatory, followed by a three course meal, and awards ceremony in the Garden Room.

Please email our Editor, Scott Thompson, if you have any questions or need further information: scott.thompson@retailtechinnovationhub.com

Key 2025 dates

Friday, 23rd May: Award entry deadline 

Tuesday, 27th May: 2025 finalists revealed

Wednesday, 28th May - Friday, 13th June: Judging days

Thursday, 3rd July: Winners announced at the 2025 RTIH AI in Retail Awards Ceremony, to be held at The Barbican in Central London.