Formula VC
Venture capitalYerevan · Pre-Seed–Series A · 9 people tracked
Investment thesis
Formula VC positions itself around proprietary deal access and a global network spanning founders of unicorns and decacorns, VC partners, and executives from FAANG, Fortune 100, and multinational firms. The firm emphasizes Armenia as a strategic bridge between European and Asian markets and a rising global innovation hub, citing developments such as the NVIDIA AI Factory. It highlights first-mover access to frontier areas including quantum computing, space tech, deep tech, and generative AI, supported by a strong advisory board drawn from global innovation and financial hubs.
Source: firm website, verified Aug 7, 2026.
Team · 9 people
from the firm's websiteWhat they invest in
from 23 of 32 portfolio companiesAI & Machine Learning ×13SaaS ×9Creator Economy ×5Deep Tech ×3Digital Health ×3Healthtech ×3HR Tech ×3Robotics ×3
HQs:United States×7
Investments · 32 tracked
founders shown can be your intro pathAudigo makes wireless smart microphones and a companion mobile app (iOS and Android) that let musicians and social media creators record multitrack audio and video with synced multi-mic capture and in-app mixing.
ConsumerCreator EconomyHardwareMedia & EntertainmentSan Francisco, US
BlueQubit provides a cloud platform with managed GPU-based quantum simulators and an SDK for running large-scale quantum simulations and hybrid variational circuits.
Cloud ComputingDeep TechQuantum ComputingLos Angeles, US
Hayk Tepanyan(Director)Hrant Gharibyan(Executive Officer, Director)
CodeSignal provides an educational ebook guide for talent teams on implementing AI hiring tools, covering readiness assessment, solution selection, and compliant usage practices.
AI & Machine LearningEdTechHR Tech
Docus provides an AI layer for diagnostic labs, offering clinical interpretation reports, follow-up recommendations, compliance validation, digital requisitions, and context-aware AI assistants for doctors and patients.
AI & Machine LearningDigital HealthHealthtech
Gecko Robotics builds robots equipped with sensors and cameras to inspect industrial structures like boilers for structural defects, replacing dangerous manual inspections at height.
Advanced ManufacturingAI & Machine LearningDeep TechRoboticsPittsburgh, US
Jake Loosararian(Founder/CEO)Troy Demmer(Founder/COO)
BoardGaetano Crupi(Director)Andrew Davis(Director)Trae Stephens(Director)
Aqeel offers a fully digital financing platform that lets US small business manufacturers apply for credit facilities and receive early payouts of up to 90% on their outstanding invoices.
FintechSaaS
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 ToolsMiami Beach, US
Michael Vernal(Director)Hovhannes Avoyan(Executive Officer, Director)Tammy Nam(Executive Officer)Mikayel Vardanyan(Executive Officer)Kevin Boon(Executive Officer)Serena Dayal(Director)
Expper Technologies builds Robin, a research-backed therapeutic robot that provides emotional support and patient engagement in clinical settings such as pediatrics and geriatrics.
Digital HealthHealthtechRobotics
ServiceTitan builds software for the home services industry, providing tools to manage and run home service businesses.
Construction TechEnterprise SoftwareSaaSGlendale, US
Ara Mahdessian(Co-founder & CEO)Vahe Kuzoyan(Co-founder & President)
Skillhub is a mobile app that teaches programming through AI tutors, gamified coding puzzles, and real-time line-by-line code feedback.
AI & Machine LearningConsumerEdTech
StarsHunt provides an AI recruiting agent that sources, researches, and screens candidates for a company's specific open roles, using LinkedIn and public web data plus a voice agent ("Emma") that conducts live candidate calls and produces briefs.
AI & Machine LearningFuture of WorkHR Tech
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Data & InfrastructureSan Francisco, US
Tigran Petrosyan(Executive Officer, Director)Vahan Petrosyan(Executive Officer, Director, Promoter)Russell Mathias(Executive Officer)
BoardTJ Nahigian(Director)Louis Coppey(Director)
ViralMango is a media kit builder that lets social media influencers create customizable media kits using drag-and-drop templates to showcase their reach, content, and past partnerships.
Creator EconomyMarketing TechSaaS
Zoomerang is a video creation app offering AI-generated art and videos, template-based tools, and ad creative examples for making brand and advertising videos.
AI & Machine LearningCreator EconomyMarketing Tech
Portfolio news
latest coverage across their companiesSuper Annotate · tipranks.com · Jul 17, 2026
Gecko Robotics · tsginvest.com · Apr 23, 2026
Frequently asked questions
- What stage does Formula VC invest at?
- Formula VC invests at the Pre-Seed, Seed, Series A stages.
- What is Formula VC's typical check size?
- Formula VC typically writes checks of $1.2M – $10M.
- What sectors does Formula VC focus on?
- Formula VC focuses on AI & Machine Learning, Deep Tech, Fintech, IoT, Quantum Computing, SaaS, Space Tech.
- Where is Formula VC located?
- Formula VC is headquartered in Yerevan, AM.
- Does Formula VC lead rounds?
- Formula VC typically participates in rounds rather than leading them.
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