Who Owns TaskUs?

Bryce Maddock and Jaspar Weir founded TaskUs in 2008, launching it as a small outsourcing operation run initially from the Philippines and aimed at startups rather than the large enterprise clients of traditional BPO firms. The early model was deliberately different: high-touch service for fast-growing technology companies that needed customer support, content moderation, and back-office work that scaled with them.

The company grew through the 2010s alongside its clients in social media, e-commerce, and the on-demand economy, building large delivery centers in the Philippines and later in India, Mexico, Colombia, Greece, and other locations. Blackstone acquired a majority stake in 2018, providing capital for further expansion, and the company formally organized under the TaskUs name in 2020 ahead of its public listing.

TaskUs listed on the Nasdaq in June 2021 under ticker TASK. The early public years were difficult: hypergrowth clients pulled back spending in 2022 and 2023, flattening revenue, while content moderation work drew sustained scrutiny over the conditions and wellbeing of the workers doing it.

The recovery came through AI. The company's Artificial Intelligence Services line, covering data labeling, model evaluation, and training support, grew roughly 59 percent in 2025 to reach 18 percent of revenue, and total revenue reaccelerated to $1.18 billion, up 19 percent. In May 2025 the founders and Blackstone offered to take the company private at $16.50 per share; shareholders voted it down in October. In March 2026 the company paid a $3.65 per share special dividend funded by a new $500 million term loan.