picsart.comConsumer & Lifestyle / EntertainmentFounded: 2012Funding to Date: $184.91MM
Picsart is an ecosystem of free-to-use content, powerful tools, and inspiration from other creators. With over a billion downloads and more than 150 million monthly active creators, Picsart is the world’s largest creative platform. This company was founded by Artavazd Mehrabyan and Hovhannes Avoyan in 2011 and is headquartered in Miami, FL.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/26/2021 | Series C | $130MM | $xx.xx | $1.22B | SoftBank Vision Fund 2, G Squared, Tribe Capital, Sequoia, DCM, Graph Ventures, Siguler Guf & Company | |
Price per Share
$xx.xx
Shares Outstanding
9,497,212
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank Vision Fund 2, G Squared, Tribe Capital, Sequoia, DCM, Graph Ventures, Siguler Guf & Company
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07/01/2019 | Series B | $25.53MM | $xx.xx | $438.36MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,933,332
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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04/20/2016 | Series B-1 | $15.27MM | $xx.xx | $308.82MM | Sequoia Capital, Insight Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,240,324
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Insight Venture Partners
|
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06/04/2015 | Series A-1 | $3.8MM | $xx.xx | $66.44MM | Insight Venture Partners, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,446,592
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Sequoia Capital
|
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02/05/2015 | Series A | $10.3MM | $xx.xx | $34.33MM | Sequoia Capital, Graph Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,524,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Graph Ventures
|