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Trading / Browse Companies / Picsart Stock

Picsart Stock

picsart.comConsumer & LifestyleFounded: 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.

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Picsart investors also invested in these private companies

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

Team

Management Team

Artavazd Mehrabyan
Co-Founder & Chief Technology Officer
Hovhannes Avoyan
Co-Founder, Chief Executive Officer & Board Member
Connor Murphy
Director, Business Development
Ian Holkey
Director, Corporate Strategy & Development
Mikayel Vardanyan Ph.D
Co-Founder & Chief Product Officer

Board Members

Omar Hamoui
Sequoia Capital
Michael Vernal
Sequoia Capital
Serena Dayal
SoftBank Investment Advisers

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News

Techcrunch 12/02/2021
Picsart acquires R&D company DeepCraft in seven-figure deal to aid video push – TechCrunch
SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it’s acquiring the research and development company DeepCraft. The deal is a combination of both cash and stock and is in the seven-figure range, but the exact terms aren’t being disclo…
Crunchbase 07/22/2020
PicsArt To Acquire Video Effects Startup D’efekt
D’efekt marks PicsArt’s first acquisition as the company looks to expand its video and AR offerings.
Gadgets Africa 04/08/2019
Photo Editing App VSCO Sues PicsArt Over 'Stolen' Filters - Gadgets Africa
Photo editing apps have become quite popular over the years, especially with the growth of image-sharing platforms such as Instagram and as much as these image-sharing platform now have their own in-built filters for users to choose from, third-party apps with more elaborate photo editing capabilities have been on the rise. Some of the most popular ones, PicsArt (over 100,000,000 million downloads on Google Play Store) and VSCO (over 50,000,000 million downloads on Google Play Store) are now in a legal tussle over stolen filters. VSCO, a more premium photo-editing app compared to PicsArt claims that the later reverse engineered …

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