Picsart Overview

  • Founded
  • 2011

Founded
  • Status
  • Private

  • Employees
  • 1,220

Employees
  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $9.2M

  • Investors
  • 12

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, make great images or videos, and share them with their friends.

Contact Information

Website
www.picsart.com
Formerly Known As
Socialin
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Multimedia and Design Software
Other Industries
Application Software
Primary Office
  • One Market Street
  • Floor 32
  • San Francisco, CA 94105
  • United States

Picsart Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Picsart Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 27-Apr-2022 $9.2M 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 26-Aug-2021 00000 00000 00.000 Completed Generating Revenue
4. Later Stage VC (Series B3) 01-Jul-2019 000.00 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B1) 20-Apr-2016 0000 0000 00000 Completed Generating Revenue
2. Early Stage VC 04-Jun-2015 $15M $25M 00000 Completed Generating Revenue
1. Early Stage VC (Series A) 05-Feb-2015 $10M $10M 0000 Completed Generating Revenue
To view Picsart’s complete valuation and funding history, request access »

Picsart Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 0,000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series B1 000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series B 000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series A1 611,648 $0.001000 6% $6.21 $6.21 1x $6.21 3.02%
Series A 3,131,200 $0.001000 6% $3.29 $3.29 1x $3.29 15.46%
To view Picsart’s complete cap table history, request access »

Picsart Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a mobile photo-editing application designed to facilitate the process of photo and video editing. The compa
Multimedia and Design Software
San Francisco, CA
1,220 As of 2022
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0000000000 000 000000 00000000
London, United Kingdom
00 As of 0000
000.00
00000000000 000.00

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0000000000 000 000000 00000000
Sunnyvale, CA
00 As of 0000
00.00
00000000000 00.00
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Picsart Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Fotor Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
000000 0000 Venture Capital-Backed Sunnyvale, CA 00 00.00 00000000000 00.00
0000000 Venture Capital-Backed Portland, OR 00 00.00 00000000000 00.00
0000 Venture Capital-Backed Oakland, CA 000 0000 00000000000 0000
000000 Venture Capital-Backed Beijing, China 00 000.00 00000000000 000.00
You’re viewing 5 of 16 competitors. Get the full list »

Picsart Patents

Picsart Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210027510-A1 Systems and methods for sharing image data edits Pending 26-Jul-2019 000000000

Picsart Executive Team (14)

Name Title Board Seat Contact Info
Hovhannes Avoyan Co-Founder, Chief Executive Officer & Board Member
Tammy Nam Chief Operating Officer & Chief Marketing Officer
Artavazd Mehrabyan Co-Founder & Chief Technology Officer
Connor Murphy Director, Business Development
Jigar J. Director, Strategy, Insights & Finance
You’re viewing 5 of 14 executive team members. Get the full list »

Picsart Board Members (5)

Name Representing Role Since
Hovhannes Avoyan Picsart Co-Founder, Chief Executive Officer & Board Member 000 0000
Magdalena Yesil Self Board Member 000 0000
Michael Vernal Sequoia Capital Board Member 000 0000
Omar Hamoui Sequoia Capital Board Member 000 0000
Serena Dayal SoftBank Investment Advisers Board Member 000 0000
To view Picsart’s complete board members history, request access »

Picsart Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Picsart Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Agnostic Ventures Venture Capital Minority 000 0000 000000 0
G Squared Venture Capital Minority 000 0000 000000 0
SoftBank Investment Advisers Growth/Expansion Minority 000 0000 000000 0
Tribe Capital Venture Capital Minority 000 0000 000000 0
3VC Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 12 investors. Get the full list »

Picsart Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000 02-Feb-2022 0000000000 Educational and Training Services (B2C) 00000000
000000000 02-Dec-2021 0000000000 IT Consulting and Outsourcing 00000000
000000000 12-Jan-2021 00000 (000 Security Services (B2B)
D'efekt 22-Jul-2020 Merger/Acquisition Multimedia and Design Software 000000000
To view Picsart’s complete investments and acquisitions history, request access »

Picsart Subsidiaries (3)

Company Name Industry Location Founded
Code Republic (Learning Platform) Educational and Training Services (B2C) Yerevan, Armenia 2020
0'00000 Multimedia and Design Software Yerevan, Armenia 0000
000000000 IT Consulting and Outsourcing Yerevan, Armenia 0000
To view Picsart’s complete subsidiaries history, request access »