Picsart Stock

picsart.comConsumer & LifestyleFounded: 2012Funding to Date: $184.91MM

Picsart is the developer of a creative platform and social editing app designed to empower today’s creator economy.

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Team

Management Team

Artavazd Mehrabyan
Co-Founder & Chief Operating Officer
Mikayel Vardanyan Ph.D
Chief Technology Officer
Hovhannes Avoyan
Co-Founder & Chief Executive Officer
Tammy Nam
Chief Operating Officer

Board Members

Omar Hamoui
Sequoia Capital

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News

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…
D’efekt marks PicsArt’s first acquisition as the company looks to expand its video and AR offerings.
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 …