Formula VC Overview
- Investor Type
-
Venture Capital
- Status
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Active
- Professionals
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2
- Investments
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20
- Portfolio
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20
Formula VC General Information
Company Description
Founded in 2020, Formula VC is a venture capital firm based in Yerevan, Armenia. The firm invests in companies operating in SaaS, IoT, and artificial intelligence sectors. .
Business Details
Website
www.formula.vcYear Founded
Investor Status
Primary Investor Type
Corporate Office
- Formula Hub
- Buenos Aires Park
- Yerevan
- Armenia
Formula VC Investments (20)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| BlueQubit | 29-Jul-2024 | Seed Round | 00.000 | Business/Productivity Software | Generating Revenue | |
| Trag | 01-Jul-2024 | 00000 00000 | Software Development Applications | Generating Revenue | ||
| StarsHunt | 24-Jun-2024 | 00000 00000 | Business/Productivity Software | Generating Revenue | 00000 000000 | |
| Wirestock | 28-Jun-2023 | 0000 00000 | Media and Information Services (B2B) | Generating Revenue | ||
| 10Web | 04-Apr-2023 | 00000 (00000 | Systems and Information Management | Generating Revenue | ||
| Prelaunch.com | 10-Mar-2023 | 0000 00000 | 00.00 | Media and Information Services (B2B) | Generating Revenue | |
| Waveye | 17-Nov-2022 | 0000 00000 | 00.00 | Electronic Equipment and Instruments | Startup | |
| ViralMango | 30-Aug-2022 | 00000 00000 | Business/Productivity Software | Generating Revenue | ||
| Docus | 20-Jun-2022 | Early Stage VC | 00000 | Clinics/Outpatient Services | Generating Revenue | |
| Zoomerang | 09-Jun-2022 | Early Stage VC | Entertainment Software | Generating Revenue |
Formula VC Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Formula VC Management, Team & Partners (3)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Karen Vardanyan | Co-Founder & General Partner | 0 | Yerevan, Armenia | ||
| Grigor Hovhannisyan | General Partner | Yerevan, Armenia | |||
| Thomas Mazejian | Advisor | Yerevan, Armenia |
Formula VC Co-Investors (30)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| BigStory VC | 7 | 0 |
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| Business Angel Network of Armenia | 0 |
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| CP3 Ventures | 0 |
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| FormulaVC Venture Fund | 0 |
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| Granatus Ventures | 0 |
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Formula VC FAQs
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What is Formula VC?
Founded in 2020, Formula VC is a venture capital firm based in Yerevan, Armenia.
-
When was Formula VC founded?
Formula VC was founded in 2020.
-
Who is the founder of Formula VC?
Karen Vardanyan is the founder of Formula VC.
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Where is Formula VC headquartered?
Formula VC is headquartered in Yerevan, Armenia.
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How many investments has Formula VC made?
Formula VC has made 20 investments.
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What has Formula VC invested in?
Formula VC has made numerous investments in companies like BlueQubit, Trag, and StarsHunt within the Business/Productivity Software and Software Development Applications industries.
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What has Formula VC invested in recently?
Formula VC's latest investment was on 29-Jul-2024 in BlueQubit, a company within the Business/Productivity Software industry.
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