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 IPO price?

The IPO price for Picsart will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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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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Can you sell Picsart share pre-IPO?

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Is Picsart a publicly traded company?

Picsart is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Picsart's funding to date?

Picsart has raised $184.91MM to date.
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When was Picsart founded?

Picsart was founded in 2012.

Who are Picsart's major investors?

DCM Ventures
G Squared
Tribe Capital

Picsart Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
8/26/2021 Series C $130MM raised $XXX.XX $XXX.XX
7/1/2019 Series B $25.53MM raised $XXX.XX $XXX.XX
4/20/2016 Series B-1 $15.27MM raised $XXX.XX $XXX.XX
6/4/2015 Series A-1 $3.8MM raised $XXX.XX $XXX.XX
2/5/2015 Series A $10.3MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Nov 15, 2023

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