Picsart Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
-
1,182
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$9.2M
- Investors
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13
Picsart General Information
Description
Developer of a mobile photo-editing application designed to facilitate the process of photo and video editing. The company's application offers a platform that includes tools for photo manipulation, freehand drawing, text, and layout templates, enabling users to step up their photo editing game, create customized images or videos, and share them with their friends.
Contact Information
Website
www.picsart.comCorporate Office
- Optima Onyx Tower, 1010 South Federal Highway
- Suite 1103
- Hallandale Beach, FL 33009
- United States
Corporate Office
- Optima Onyx Tower, 1010 South Federal Highway
- Suite 1103
- Hallandale Beach, FL 33009
- United States
Picsart Timeline
Picsart Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 27-Apr-2022 | $9.2M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series C) | 26-Aug-2021 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 01-Jul-2019 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B1) | 20-Apr-2016 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 04-Jun-2015 | $15M | $25M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 05-Feb-2015 | $10M | $10M | Completed | Generating Revenue |
Picsart Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | 611,648 | $0.001000 | 6% | $6.21 | $6.21 | 1x | $6.21 | 2.72% |
| Series A | 3,131,200 | $0.001000 | 6% | $3.29 | $3.29 | 1x | $3.29 | 13.94% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Picsart Comparisons
Industry
Financing
Details
Picsart Competitors (18)
One of Picsart’s 18 competitors is Polarr, a Venture Capital-Backed company based in Beijing, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Polarr | Venture Capital-Backed | Beijing, China | ||||
| Pixlr | Corporate Backed or Acquired | Singapore, Singapore | ||||
| Piktochart | Venture Capital-Backed | Bayan Lepas, Malaysia | ||||
| Fotor | Venture Capital-Backed | Chengdu, China | ||||
| Prisma Labs | Venture Capital-Backed | Sunnyvale, CA |
Picsart Patents
Picsart Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230368341-A1 | Spectral hint-based inpainting of images | Active | 13-May-2022 | ||
| US-11880961-B2 | Spectral hint-based inpainting of images | Active | 13-May-2022 | ||
| US-D1056949-S1 | Display screen with graphical user interface | Active | 02-Nov-2021 | ||
| US-11882169-B1 | Adaptive media streaming | Active | 04-Jun-2021 | ||
| US-20230103929-A1 | Onion convolution-based inpainting of images | Active | 18-May-2021 |
Picsart Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Picsart Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| London Technology Club | Venture Capital | Minority | ||
| Agnostic Ventures | Venture Capital | Minority | ||
| G Squared | Venture Capital | Minority | ||
| SoftBank Investment Advisers | Growth/Expansion | Minority | ||
| Tribe Capital | Venture Capital | Minority |
Picsart Investments & Acquisitions (4)
Picsart’s most recent deal was a Merger/Acquisition with Code Republic (Armenia). The deal was made on 02-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Code Republic (Armenia) | 02-Feb-2022 | Merger/Acquisition | Educational and Training Services (B2C) | ||
| DeepCraft | 02-Dec-2021 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| EasyDMARC | 12-Jan-2021 | Angel (individual) | Network Management Software | ||
| D'efekt | 22-Jul-2020 | Merger/Acquisition | Multimedia and Design Software |
Picsart Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| DeepCraft | Yerevan, Armenia | 2017 |
Picsart FAQs
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When was Picsart founded?
Picsart was founded in 2011.
-
Where is Picsart headquartered?
Picsart is headquartered in Hallandale Beach, FL.
-
What is the size of Picsart?
Picsart has 1,182 total employees.
-
What industry is Picsart in?
Picsart’s primary industry is Multimedia and Design Software.
-
Is Picsart a private or public company?
Picsart is a Private company.
-
What is Picsart’s current revenue?
The current revenue for Picsart is .
-
How much funding has Picsart raised over time?
Picsart has raised $206M.
-
Who are Picsart’s investors?
London Technology Club, Agnostic Ventures, G Squared, SoftBank Investment Advisers, and Tribe Capital are 5 of 13 investors who have invested in Picsart.
-
Who are Picsart’s competitors?
Polarr, Pixlr, Piktochart, Fotor, and Prisma Labs are some of the 18 competitors of Picsart.
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