Creative UK launches critical new survey into creative funding and finance
// creative industries // manifesto // our creative future // policy // UK Government
Today, Tuesday 28 May, Creative UK is delighted to announce it has invested in Peek Home: an innovative company based in Newcastle, which provides homeowners with an accessible and speedy way to visualize the potential of their homes through 3D design.
The investment has been made as part of Creative UK’s North of Tyne Culture and Creative Investment Programme – a fund which offering a combined package of financial and business support. It is open to freelancers and businesses working in the culture and creative industries in North Tyneside, Northumberland and Newcastle. This project is supported by the North East Combined Authority.
Peek Home was created by entrepreneurs Roland and Jaemi Glancy. This investment from Creative UK will allow Peek Home to further invest in product development and expand capacity and revenue streams.
Co-founders Roland and Jaemi Glancy came up with the idea after helping their friends to visualise the potential for their homes in a quick 3D sketch format. Demand soon led to a new productized service being developed that focusses on the concept phase and creative elements of residential architectural design. Peek Home has now designed over 1,500 house extensions throughout the UK and secured backing from senior PropTech and software investors.
In the past year, the company has introduced two new business verticals that has further allowed their customers the freedom to experiment with design and express themselves creatively. Their journey so far has been featured by This is Money, BBC, and Channel 4. Their goal is to inspire customers by showcasing the potential of their homes and empowering them to modify their living spaces to meet their needs.
Commenting on the investment, Roland Glancy, Co-Founder and CEO, Peek Home Ltd, said: We’re delighted to have landed this investment which will accelerate our mission to empower homeowners to have the creative freedom to improve their homes. The UK’s housing stock is desperately out of date and we believe that a well-designed home has a major impact on quality of life.
Rahul Misra, Investment Manager, Creative UK, said: “Peek Home is at an exciting juncture where new revenue streams and opportunities are opening up. We are pleased to support this truly creative business and team through equity investment from the North of Tyne Culture and Creative Investment Programme.”
For further information, or for interview requests, please contact press@wearecreative.uk.
