Fundraising Fox

Picsart

Miami Beach, US · Delaware corporation · 8 known investors

picsart.com

Picsart offers a command-line interface that provides access to over 130 AI models for generating images, videos, and audio content, integrating tools from leading providers like Flux, Sora, Runway, and ElevenLabs.

AI & Machine LearningCreator EconomyDeveloper Toolsin /picsart@picsart

Founders & leadership

MV
Michael VernalDirector
HA
Hovhannes AvoyanExecutive Officer, Director
TN
Tammy NamExecutive Officer
MV
Mikayel VardanyanExecutive Officer
KB
Kevin BoonExecutive Officer
SD
Serena DayalDirector
AM
Artavazd MehrabyanExecutive Officer
CF
Craig FosterExecutive Officer
MY
Magdalena YesilDirector

Investors · 8

Competitors · 7

by search overlap
View Intro Deck79498 shared keywords
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 keywords
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.
Befunky15682 shared keywordsBeFunky is a web-based creative platform for photo editing, collage making, and graphic design, offering tools such as cropping, retouching, AI background removal, artistic filters, and customizable design templates. It targets everyday users and creators who want to edit images and build designs without professional software.
Imagine14405 shared keywordsImagineArt is an AI platform for generating high-quality images and videos from text, image, video, and audio inputs. It offers creative tools including workflows, film, ad, and fashion studios, plus an AI agent system, aimed at creators and content producers.
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.

Reported raises · per SEC filings

Form D private placements
$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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