Turkish Startup Ango.ai Acquired by iMerit

Turkish startup Ango.ai acquired by US iMerit! Ango.ai is an artificial intelligence (AI) powered data labelling platform based in Ankara. Ango.ai was founded in 2020 by Gökalp Urul and Gökhan Urul in Ankara. According to the news, it was acquired by iMerit, a leading US-based company in AI data solutions. However, the financial details of the deal have not yet been disclosed.

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Ango.ai and iMerit Combine Expertise of Both Companies

Ango Hub is a data labelling platform for the company. It processes visual, video, text and audio datasets quickly and securely, making them available for artificial intelligence algorithms. In 2021, Ango AI received $ 720 thousand investment from 500 Istanbul and QNBEYOND Ventures. At the same time, the company was among the graduates of the QNBEYOND Acceleration Programme, 3rd term. What do we know about iMerit? It is positioned as the industry leader in artificial intelligence data solutions. It supports more than 200 global customers, including companies such as Microsoft, Linkedin, eBay, Johnson&Johnson, Autodesk.

iMerit performs training of its customers' AI algorithms. iMerit provides end-to-end data labelling technologies and solutions to Fortune 500 companies in various industries such as medicine, agriculture, autonomous vehicles, manufacturing, e-commerce, financial services and technology. It has more than 4 thousand employees in India, USA, Bhutan and Europe. iMerit's investors include; Omidyar Network, Dell.org, Khosla Ventures and British International Investment. Ango and iMerit bring together the expertise of both companies. iMerit's expertise in artificial intelligence data solutions combines with Ango's expertise in software and technology.