Business

Yellow.ai, a Global Leader in Enterprise Agentic AI, to Go Public via $550 Million Merger with Bluerock Acquisition Corp.

Aug 03, 2026

Bangalore (Karnataka) [India], August 3: Yellow.ai, a global leader in enterprise agentic AI for service automation, and Bluerock Acquisition Corp. ("Bluerock"), a publicly traded special purpose acquisition company, today announced a definitive Business Combination Agreement expected to take Yellow.ai public. At closing, the combined company will operate as Yellow.ai and trade on The Nasdaq Capital Market under the ticker 'YAI'. Transaction expected to create a U.S. publicly listed pure-play enterprise agentic AI platform. Category leader, deployed at scale today: Global enterprise agentic AI platform -- 16 billion conversations annually, 650+ enterprise clients, $34M+ unaudited revenue last fiscal year. Technology: Nexus runs on multiple AI models -- not locked to one provider -- and improves with every conversation. 135+ languages, 85+ countries, 100+ enterprise integrations. Blue-chip backing: $100M+ raised from Lightspeed, Salesforce Ventures, Sapphire Ventures and WestBridge Capital. Valuation: Transaction metrics imply a pro forma equity value of ~$550 million, assuming no redemptions by BLRK public shareholders. Includes $30 million of committed PIPE financing from institutional investors. Long-term alignment: The founders and key management are investing their own capital in the PIPE, side by side with institutional investors.