PicsArt was founded in 2010 by Artavazd Mehrabyan and Hovhannes Avoyan. In 2021, CEO Avoyan told Forbes that while he wants his company to remain private for the time being, he may be eyeing an IPO "in the next 12 to 18 months."

PicsArt is a mobile-native creative media platform that gives users the tools to edit videos and images. While the app is popular among general consumers, businesses use PicsArt's tools to enhance and edit images for e-commerce. The company is based in San Francisco but maintains a presence in Armenia, Avoyan's native country. The company has raised more than $190 million in venture capital funding from investors such as SoftBank Vision Fund, DCM, Graph Ventures, G Squared, Tribe Capital, and Sequoia Capital. A 2021 funding round brought in $130 million in fresh capital, increasing PicsArt valuation to $1.5 billion.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Picsart's ticker symbol?

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What is Picsart's stock price?

The stock price for Picsart will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).

Who are Picsart's major investors?

Sequoia Capital
Insight Partners
SoftBank Vision Fund
DCM Ventures
G Squared
Tribe Capital

Picsart Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
8/26/2021 Series C $1.22B $XXX.XX $XXX.XX
7/1/2019 Series B $438.36MM $XXX.XX $XXX.XX
4/20/2016 Series B-1 $308.82MM $XXX.XX $XXX.XX
6/4/2015 Series A-1 $66.44MM $XXX.XX $XXX.XX
2/5/2015 Series A $34.33MM $XXX.XX $XXX.XX
Based on primary financings
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Learn more about Picsart

What is Picsart funding to date?

Picsart has raised $184.91MM with the following series:
$34.33MM for Series A, $66.44MM for Series A-1, $308.82MM for Series B-1, $438.36MM for Series B, $1.22B for Series C

When was Picsart founded?

Picsart was founded in 2012.

Can you invest in Picsart?

Picsart is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is Picsart a publicly traded company?

Picsart is a private company and not publicly traded.

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