PicsArt

SoftwareSeries CSan Francisco, USpicsart.com

Latest round

Series C

Last raised

Aug 2021

Total raised

$164M

Investors

9

About PicsArt

Based in California, US, and founded in 2012, PicsArt, Inc. operates as a provider of all-in-one photo and video editing application that enable users to create images and videos to share with their friends. The company was co-founded by Artavazd Mehrabyan and Hovhannes Avoyan (CEO). Picsart has more than 800 employees around the world, including San Francisco, Bangalore, Beijing, Berlin, Los Angeles, Moscow, New York, Tokyo, and Yerevan as of August 2021.   The company offers a mobile application that helps users edit photos using filters, animators, and color paint, create collages, create and edit videos, and share them through various platforms. Picsart also provides open-source content collections, with free-to-edit photographs, stickers, backgrounds, templates, and more. The Picsart application is available in 30 languages for free and as a subscription on iOS, Android, and Windows devices.24 per month. It was reported that the company has an annual revenue run rate of USD 100 million.   Picsart plans to expand its AI-driven technology, prosumer tools, explore acquisitions, and continue building its world-class team.

Who invested in PicsArt

9 investors across 4 rounds

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Funding rounds

  1. Series C

    Aug 26, 2021

    Amount

    $130M

    Investors

    Locked

  2. Series B

    May 7, 2019

    Amount

    $20M

    Investors

    Locked

  3. Series A

    Apr 14, 2015

    Amount

    $3.8M

    Investors

    Locked

  4. Series A

    Feb 5, 2015

    Amount

    $10M

    Investors

    Locked

Questions about PicsArt

Who invested in PicsArt?

PicsArt has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PicsArt raised?

PicsArt has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did PicsArt last raise money?

PicsArt's most recent round on record is a Series C, in Aug 2021.

What does PicsArt do?

Based in California, US, and founded in 2012, PicsArt, Inc.

Where is PicsArt headquartered?

PicsArt is headquartered in San Francisco, US.

Which VCs invest in companies like PicsArt?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PicsArt's stage. Their profiles are linked below.

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