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Picsart
AddedFeb 14, 2024
UpdatedJun 18, 2026
Picsart

Picsart

Picsart: A global software company offering innovative photo/video editing apps with a creative community.

HQ
San Francisco, CA, US
Founded
2011
Overview
Compare
Fundraising
Employees
News
Website

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.

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Picsart - Quick Facts

Who are Picsart's competitors?

Companies similar to Picsart include Meitu, Polarr, Shutterstock and Qikpix.

When was Picsart founded?

Picsart was founded in 2011.

Where is Picsart's headquarters located?

Picsart's headquarters is located in San Francisco, CA, US.

When was Picsart's last funding round?

Picsart's most recent funding round was for $130M (USD) in August 2021.

How much has Picsart raised to-date?

As of Aug 26, 2021, Picsart has raised a total of $195M (USD).

How many employees does Picsart have?

Picsart has 1,000 employees as of Feb 5, 2024.

Picsart - Classification

Ownership
  • Venture Capital
Technology
  • AI
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Consumers
Main Product
  • Photo Editing
Tags
  • Cloud
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software
Show 6 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7371Computer Programming Services