PicsArt

Specialisation: photo and video editor
Launched: in 2011
Headquarters: San-Francisco, CA, USA
Number of Employees: 400+

PicsArt is the leading photo and video editing app with a social platform for artists building community around creatively edited pictures.

The company was launched in 2011 with headquarters located both in Yerevan, Armenia and San-Francisco, USA. Beside those cities, PicsArt opened branches in Russia and China, but Yerevan office remains the biggest out of all. Overall the company employs around 400 people worldwide. Yerevan office is located on the territory of Tumo Center for Creative Technologies.

Company is backed by the top venture capital firms like Sequoia Capital, DCM Ventures, Insight Venture Partners, and Siguler Guff and Company. Total amount of funding is 45 million USD.

Since its creation PicsArt hit lots of milestones and records. PicsArt has consistently maintained a position as one of the top 50 apps on Google Play, in January 2019 PicsArt was on the second place in the International iTunes rating of free apps. App is translated to 30 languages and is attracting the audience all over the world. At the moment PicsArt reached 130 million monthly active users.