Startup

PicsArt

PicsArt is a Yerevan-founded creative platform and photo/video editing suite that has grown into one of the most downloaded creative apps globally, with over 150 million monthly active users. The platform combines AI-powered editing tools, templates, stickers, and a creator community into a mobile-first experience used by casual creators and small businesses alike.

Founded in 2011 by Hovhannes Avoyan, PicsArt raised over $130 million and represents Armenia's most prominent consumer technology export, demonstrating that world-class creative tools can be built and scaled from the region.

ArmeniaYerevanGrowthCreative ToolsAIConsumer Tech

Back to directory Visit site

Details

Location

Yerevan, Armenia

Investors

Venture capital firms backing this startup

Insight Partners

London, United Kingdom · Venture Capital

Insight Partners is a New York-headquartered global venture capital and private equity firm with a significant London presence, founded in 1995. The firm manages over $80B and is one of the world’s largest dedicated software investors, backing companies from Series B through IPO and beyond. Insight has invested in 800+ companies globally including Shopify, Twitter, Vinted, Wiz, and SemRush. In Europe, the firm actively invests in growth-stage software, SaaS, and data infrastructure businesses, typically deploying $50-200M per deal and providing its proprietary Insight Onsite operational support platform.

Venture CapitalGrowthSoftwareGrowth

View profile Visit site

Sequoia Capital

London, United Kingdom · Venture Capital

Sequoia Capital is a global venture firm that led ElevenLabs' $500M Series D round announced in February 2026 at an $11B valuation, with partner Andrew Reed joining the board. Sequoia also backs Bolt as it scaled its multi-vertical mobility platform across Europe.

Venture CapitalGrowthGeneralistTechnology

View profile Visit site

Recommended matches

Incubators and accelerators matched by sector and location overlap

[m]spark

Warsaw, Poland · Accelerator

Poland's first MarTech-focused accelerator by KnowledgeHub and GroupM, focusing on AI in marketing, adtech, and influencer platforms. Offers workshops, mentoring, pilot client access, and sales support.

AcceleratorMarTechAdTechAI

View profile Visit site

Apex Ventures

Vienna, Austria · Incubator

Apex Ventures is a Vienna-based seed-stage venture capital firm launched in 2017 by Andreas Schwarzenbrunner, Wolfgang Berner, and Ulrich Gall, focused on deep tech, AI, medical devices, and digital health. The firm manages over EUR 50M and invests EUR 250K-1.5M in science-driven teams with defensible intellectual property, often emerging from leading European research institutions. Apex has backed companies including Prewave, Ribbonfish, and contextflow, and provides hands-on support in technology commercialization and clinical market access.

IncubatorPre-Seed to SeedDeep TechAIMedical DevicesDigital Health

View profile Visit site

Black Pearls VC

Gdansk, Poland · Accelerator

Founded 2012. Seed and Series A investor in smart technologies across northern Poland. Black Pearls VC is an accelerator programme based in Gdansk, Poland. The programme supports startups in IoT, AI, Maritime Tech.

AcceleratorSeed to Series AIoTAIMaritime Tech

View profile Visit site

Budimex Accel Program

Warsaw, Poland · Accelerator

Accelerator by Budimex for construction-tech startups in green construction, AI, robotics, and site automation. Offers pilots on construction sites, industry mentors, and potential investment or procurement. Scope: Regional (Poland and CEE).

AcceleratorConstructionAIRoboticsGreenTech

View profile Visit site

Campus Founders

Heilbronn, Germany · Accelerator

Opened 2018 with Dieter Schwarz Foundation support. Runs an Incubator for idea validation and a 12-week Accelerator for investor readiness; notable mobility and AI startups. Support: training, mentorship, foundation grants. Scope: Regional (Heilbronn-Franken).

AcceleratorMobilityAIGeneral Tech

View profile Visit site

Endeit Capital

Amsterdam, Netherlands · Accelerator

Endeit Capital is an Amsterdam-based growth-stage venture capital firm founded in 2006 by Hubert Deitmers, focusing on digital media, AI, and software scale-ups across Europe. The firm manages over EUR 250M and invests EUR 3-15M at Series A through growth stage, backing companies that are scaling revenues and expanding internationally. Endeit's portfolio includes MessageBird, WeTransfer, and Bynder. The team draws on deep media and technology sector expertise, and the firm has a strong track record of supporting European SaaS and digital platform companies through their growth inflection points.

PicsArt

Details

Investors

Recommended matches

Comments