Armenia startup ecosystem
The directory currently lists 40 organisations across 2 cities.
Showing 21–40 of 40 Armenia
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Ministry of High-Tech Industry of Armenia
The central government body responsible for Armenia's high-tech policy, covering information technology, telecommunications, information security, and the military-industrial sector. Established in its current form in 2019, it shapes the national tech agenda through startup and R&D support programmes, tax incentives for IT companies, STEM-education initiatives, and the promotion of Armenia's tech sector abroad, and is a standing institutional supporter of DigiTec.
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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.
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Plat.AI
Plat.AI is an Armenian AI technology company founded in 2020, specializing in predictive analytics solutions for the fintech and insurtech industries. Its platform processes up to 10 million predictions daily for credit and insurance organizations, and has deployed products in cooperation with Armenia's banking and social protection sectors in partnership with the Nork Technology Center. Plat.AI is an active contributor to data science education in Armenia and serves as a Gold Sponsor of PyData PyCon Yerevan 2026.
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Plug and Play EMEA
Regional arm of the global Plug and Play innovation platform and accelerator, which runs pre-accelerator cohorts and demo-day expos in Yerevan in partnership with Armenia's Ministry of High-Tech Industry. It connects early-stage Armenian startups with corporates, investors and the wider international Plug and Play network.
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Plug and Play Expo Batch 3 (July 2026)
Demo-day expo showcasing the third Armenian startup cohort of the Plug and Play International Pre-Accelerator, powered by Armenia's Ministry of High-Tech Industry. The evening brings together government officials, founders, corporates, investors and VCs for startup pitches and networking. Plug and Play's third Armenia program launched in Yerevan in April 2026.
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PyData PyCon Yerevan 2026
Second edition of the joint PyData and PyCon conference at the American University of Armenia, organized with NumFOCUS and PyData Global as partners. Two-day program brings together engineers, researchers, and founders across data science, machine learning, AI, and the broader Python ecosystem.
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PyData Yerevan
PyData Yerevan is the Yerevan chapter of the global PyData network, hosted at the American University of Armenia (AUA) Akian College of Science and Engineering. It organizes monthly meetups and is the primary organizing body for PyData PyCon Yerevan, an annual international Python and data science conference. The chapter fosters learning and collaboration among data scientists, machine learning practitioners, and Python developers across Armenia and the South Caucasus region.
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Renderforest
Renderforest is an all-in-one branding platform founded in Yerevan, enabling users to create videos, logos, websites, and graphic designs without prior design skills. The platform serves over 20 million users globally, including large companies such as Vodafone, Sony Music, and GE. Founded by Narek Safaryan, the company has kept its headquarters and engineering operations fully in Armenia.
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RISE Powered by Silicon Mountains 2026
Two-day high-tech expo and forum at the Karen Demirchyan Complex where Armenian R&D companies, engineering teams, and research centers showcase products across cybersecurity, defense, and engineering. Organized by the Union of ICT Employers with the Ministry of High-Tech Industry, with three thematic forum tracks and 50+ exhibitor booths.
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Seaside Startup Summit
Seaside Startup Summit is an outdoor, campsite-based micro-acceleration platform held on the shores of Lake Sevan in Armenia, combining an investment and deal-making platform, a startup festival, and a non-formal international business forum. Now in its 14th edition in 2026, it has run 13 editions over ten years, drawing participants from 60+ countries, roughly 65,000 attendees, 2,000 startup teams, and 500+ partner companies. It runs in-house programs such as Micro-Acceleration, Micro-Incubation, Pre-Incubation, and the FireCode Marathon, the last organized jointly with Armenian Code Academy.
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ServiceTitan
ServiceTitan is a vertical SaaS platform for the trades industry, managing scheduling, dispatch, invoicing, marketing, and customer communications for home and commercial service businesses such as HVAC, plumbing, and electrical contractors. Co-founded by Armenian-Americans Ara Mahdessian and Vahe Kuzoyan, the company went public on the Nasdaq in 2024 and maintains significant R&D operations in Yerevan. With a valuation exceeding $9 billion, ServiceTitan is one of the highest-valued companies with Armenian engineering roots and a powerful signal of the country's capacity to produce enterprise-grade software talent.
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Sevan Startup Summit 2026
A week-long startup bootcamp and networking retreat on the shores of Lake Sevan, combining outdoor activities with intensive mentoring, pitch sessions, and investor meetings. Attracts 500+ founders and mentors from the Armenian diaspora and international ecosystem. Known for its unique lakeside format and strong community bonds. Tickets from EUR 100-300.
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SmartGateVC
SmartGateVC is a pre-seed and seed deep-tech venture fund co-headquartered in Yerevan and Glendale, California, founded in 2018. It focuses on AI applied to healthcare, biotech, security, and IoT, and manages a portfolio of over 40 companies. The fund is backed by Tim Draper and One Way Ventures, and the majority of its portfolio companies leverage Armenia for R&D operations.
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SuperAnnotate
SuperAnnotate is an AI training data platform founded in Yerevan by brothers Tigran and Vahan Petrosyan. It provides tools for annotating, managing, and automating labelled datasets across images, video, text, and audio at scale. Backed by NVIDIA, the platform serves enterprise clients including Databricks and Canva. In 2025 the company raised $50 million to accelerate its AI data-annotation capabilities.
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Text'nPayMe
Text'nPayMe is a Yerevan-based fintech startup building keyboard-first payment experiences that let users initiate peer-to-peer and micro-transactions directly inside any messaging or social app, without context-switching to a separate banking application. The product takes the form of a custom mobile keyboard extension that sits above the standard typing layer and exposes send-money, request, and split-bill actions as first-class gestures. For banks and wallets the company offers the same stack as an embedded-finance SDK, so that partners can ship in-chat payments without rebuilding messaging infrastructure. Text'nPayMe emerged through the 500 Global Eurasia program and is part of a cohort of Armenian fintechs using the region's engineering depth to attack conversational commerce in emerging markets.
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Union of Advanced Technology Enterprises (UATE)
UATE is Armenia's technology industry association, representing 270+ member companies that together account for the majority of taxes paid by the country's top ICT firms. It works across four pillars — business ecosystem development, education and workforce, international market development, and technology utilisation — and runs flagship initiatives including the Armath engineering makerspaces (650+ across Armenia), InnoIjevan, and DigiTec, the country's largest technology exhibition, which it has organised since 2005.
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Uteach
Uteach is an all-in-one course-building and online-academy platform built in Yerevan for independent educators, creators, and established learning businesses that want to stop renting their students from marketplaces. The product bundles course hosting, live lessons (1:1 and group), branded school websites with custom domains, built-in payments and subscriptions, quizzes, certificates, affiliate links, and email marketing into a single operational stack, so a solo tutor or a coaching company can move from Zoom + spreadsheets to a proper school without integrating a half-dozen SaaS tools. Uteach scaled through the 500 Global Eurasia program and today serves creators across the US, Europe, MENA, and South Asia, which makes it one of Armenia's clearest examples of a locally built B2B SaaS with a fully international revenue base. It complements global players like Teachable and Thinkific by leaning into emerging-market pricing and stronger native-language support.
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VXSoft
VXSoft is an Armenian software company specializing in e-Governance solutions, including electronic document management systems, business registers, and civil status registers for the public sector. Co-founded by Ruben Manukyan (CTO and Architect) and Vahagn Mkhitaryan (Founder and President), the company operates offices in Yerevan, Dublin, and other locations, with core software development carried out in Armenia. VXSoft is the Diamond Sponsor of PyData PyCon Yerevan 2026, and its CTO Ruben Manukyan serves as a member of the event organizing committee.
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Wirestock
Wirestock is an Armenian AI data marketplace startup that sources and curates multimodal creative datasets — including images, videos, 3D models, and audio — for major AI foundation model developers. Founded in Yerevan, the company raised approximately $26 million total, including a $23 million Series A in 2026 led by Nava Ventures with participation from Formula VC and I2BF Ventures, and counts six of the world's largest AI model developers among its clients. Wirestock is a Platinum Sponsor of PyData PyCon Yerevan 2026.
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YerevaNN Research Lab
YerevaNN is a non-profit machine learning and AI research laboratory established in 2016, operating independently from commercial projects and funded by private donations and research grants. The lab collaborates with institutions including the University of Southern California and the Institute of Molecular Biology in Armenia, with active research into drug discovery via molecule generation, computer vision, and clinical AI. It has produced over 85 scientific publications and is a recognized node of the Armenian AI research community.
