Picsart, founded in 2011 by Hovhannes Avoyan, Artavazd Mehrabyan, and Mikayel Vardanyan, is an Armenian-American technology company headquartered in Miami, Florida, and Yerevan, Armenia. The company’s core mission is to democratize creativity through its suite of online photo and video editing applications. Picsart offers a variety of tools including background removers, collage makers, AI-powered image generators, and video filters. With over 1 billion downloads across 180 countries, Picsart serves a global market of creative individuals and social media enthusiasts.
Notable figures affiliated with Picsart include CEO Hovhannes Avoyan, CTO Artavazd Mehrabyan, CFO Craig Foster, CPO Mikayel Vardanyan, and Chief Scientist Humphrey Shi. The company has achieved significant milestones, such as reaching a valuation of $1.5 billion and employing around 1,000 people. Picsart's impact is evident in its vast user base and its role in enabling millions to create and share visual content effortlessly.
