PicsArt
Miami Beach, US · Founded 2011 · Delaware corporation · 1,398 employees on LinkedIn · 11 known investors
Find your way into PicsArt
1,935 people in our graph share verified history with the PicsArt team — schools, employers, funds. One of them is your warm intro.
Ben Robbinsunlockedknows Mikayel Vardanyan · together at Harvard Business School (overlapped)
×8knows the team · via Harvard Business School
knows the team · via Akamai
knows the team · via Scribd
knows the team · via Rakuten
Picsart offers a command-line tool that generates images, video, and audio from the terminal, providing access to 130+ AI models across the three media types. The CLI can be integrated into shells, CI pipelines, or Dockerfiles for developers and creators.
Founders & leadership
PicsArt was founded in 2011 by Hovhannes Avoyan and Mikayel Vardanyan.
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Hovhannes Avoyanin𝕏CEO and FounderHe has founded multiple startups and has experience building enterprise software, SaaS, and consumer mobile products, with four prior exits.
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Mikayel VardanyaninChief Operating Officer & Co-founder | Growth & MonetizationHe previously founded or led companies that exited to GFI/TeamViewer and HelpSystems.
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Kevin BooninGeneral Counsel and Corporate Secretary2020–2022
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Artavazd MehrabyaninCo-Founder & CTOHe has an engineering background and experience in the startup ecosystem.
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Craig FosterinBoard AdvisorCraig Foster is an Executive Officer at PicsArt, which provides a command-line tool for generating images, video, and audio from the terminal with access to 130+ AI models.
Board
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Michael VernalBoard director
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Serena DayalBoard director
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Magdalena YesilBoard director
Investors · 11
Coreline VenturesTokyo
DCM VenturesMenlo Park · $250K – $15M
EBRD Venture Capital Investment ProgrammeLondon · $2.2M – $27M
Formula VCYerevan · $1.2M – $10M
G SquaredChicago
Graph VenturesNew York · $5K – $5M
RTP GlobalNew York · $1M – $15M
Sequoia CapitalMenlo Park · $4.4M – $214M
SoftBank Vision FundLondon
3VCreportedVienna · $1.1M – $10M
Tribe CapitalreportedSan Francisco · $25K – $75M
Reported raises · per SEC filings
Form D private placements$9.2M disclosed across 1 round · 2021
▶$9.2MraisedApr 2022 · 28 investors · Other TechnologyRule 506(b)
▶$9.2MraisedApr 2022 · 28 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Michael VernalDirector
- Hovhannes AvoyanExecutive Officer, Director
- Tammy NamExecutive Officer
- Mikayel VardanyanExecutive Officer
- Kevin BoonExecutive Officer
- Serena DayalDirector
- Artavazd MehrabyanExecutive Officer
- Craig FosterExecutive Officer
- Magdalena YesilDirector
- Offering amount
- $9.2M
- Amount sold
- $9.2M
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through PicsArt went on to found or lead other companies.
Competitors · 7
by search overlap
Canva79498 shared keywordsDesign platform; Blackbird invested when it was just an idea and in every round since.
Kapwing22344 shared keywordsKapwing is a web-based video creation and editing platform designed for marketing teams to produce, repurpose, and scale video content across multiple channels. It provides AI-powered tools for automating tasks like subtitle generation, video repurposing, and content creation, along with collaboration features for team-based workflows.
Creative Fabrica21548 shared keywordsAmsterdam-based marketplace and subscription platform for digital craft and design assets with generative AI creation tools.
Pixelcut18862 shared keywordsPixelcut is an AI-powered creative platform for generating and editing product images and videos, offering tools like background removal, upscaling, image expansion, retouching, and consistent AI personas. It serves online sellers, creators, brands, and businesses looking to produce studio-quality visuals from prompts.
Photoroom17985 shared keywordsPhotoroom provides visual creation tools for e-commerce businesses to generate product images and marketing content. The platform serves over 1 million brands globally and processes billions of images annually.
Imagine14405 shared keywordsImagineArt provides AI-powered creative tools designed to help professional and beginner creators produce high-quality results easily. The platform was built to address the specific challenges that creative professionals face in their workflows.
Figma14040 shared keywordsFigma is a collaborative design platform that enables teams to create apps, websites, and products through shared design tools integrated with development workflows and AI-powered design assistance.
Companies competing with PicsArt for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does PicsArt do?
- Picsart offers a command-line tool that generates images, video, and audio from the terminal, providing access to 130+ AI models across the three media types. The CLI can be integrated into shells, CI pipelines, or Dockerfiles for developers and creators.
- Who founded PicsArt?
- PicsArt was founded by Hovhannes Avoyan, Mikayel Vardanyan in 2011.
- Who are PicsArt's investors?
- PicsArt's investors include Coreline Ventures, DCM Ventures, EBRD Venture Capital Investment Programme, Formula VC, G Squared, Graph Ventures, RTP Global, Sequoia Capital and 3 more.
- How much funding has PicsArt raised?
- PicsArt has disclosed $9.2M raised across 1 round.
- Where is PicsArt headquartered?
- PicsArt is headquartered in Miami Beach, US.