AI startups Tasq AI and BLEND merge to tackle the industry’s trust problem
The companies unite in a deal valued at tens of millions of dollars.
Israeli startups Tasq AI and BLEND have merged and will now operate under the name Tasq AI. The merger, completed as a deal of equals, values the combined company at tens of millions of dollars.
The company’s solution combines proprietary “Data Refinery” technology with a global network of millions of contributors, including 25,000 vetted content experts. The companies said the merged entity is expected to generate revenues of tens of millions of dollars by 2026.
Yoav Ziv, formerly CEO of BLEND, will lead the combined company as CEO, while Erez Moscovich, founder of Tasq AI, will serve as president.
Despite the enormous potential of artificial intelligence, a persistent “trust gap” remains one of the main barriers to enterprise adoption. The companies say the merger is designed to address that challenge by creating a unified platform focused on improving the accuracy, reliability and governance of enterprise-grade AI systems.
The combined company employs 120 people worldwide and already generates revenues in the tens of millions of dollars. Its customer base includes major global brands such as Reddit, PayPal, Meta, Puma, iHerb and Payoneer.
“Data has become the critical defensive layer in the $1.5 trillion AI market, that safeguards the quality and reliability of AI models,” said Ziv, formerly a top executive at Amdocs and Checkmarx. “We are establishing a single entity that combines technology and people to tackle the greatest challenge in AI implementation: trust, at speed and quality levels no one thought possible. Tasq AI’s technology enables AI models to be trained up to 10X faster than existing approaches."
