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PicsArt
Photo and video editing app
- 1001+ employees
- B2C
- B2B
- Design
- Mobile
- Video
- South of Fifth, Miami Beach, FL
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Company mission
To beautify the world by providing easy-to-use yet professional level tools and features to help anyone reveal and express their inner creativity.
Our take
The current generation of youth favor communication through social media 'stories' and memes, as opposed to purely using words. Whilst existing digital platforms provide ‘filters’ and editing features, the selection is minimal and users often compensate through third-party apps.
PicsArt provides a social media editing platform that focuses on providing tools for visual expression. The audience is focused on young content creators, as opposed to other social media apps that focus on passive consumption of social media.
PicsArt currently has over 150 million users and has so far focused efforts on digital art creation. However, the startup is aiming to boost consumption through social connection and integration with other social media platforms.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Picsart provides growth opportunities including: Training, online education and certification programs, coaching opportunities, and mentorships
- In addition to a generous PTO policy, Picsart also provides time off for maternity, paternity, sick leave, and mental health days
- Picsart offers competitive and equitable pay for every job and every market in which we operate
- We want our employees to share in the rewards of Picsart's success, so we recognize both team and individual performance
Company values
- Ownership
- Passion
- Transparency
Funding (last 2 of 5 rounds)
Aug 2021
$130m
SERIES C
Jul 2019
$20m
SERIES B
Total funding: $195m
This company has top investors
Leadership
Artavazd Mehrabyan
(CTO)Prior to founding PicsArt, they worked as Chief Software Architect at Sourcio, the Virtual Solution Global Services, and Lycos Europe.
Hovhannes Avoyan
(CEO)Bringing more than 25 years of experience in computer programming and global business management. Prior to PicsArt, they founded five other startups, all of which had successful acquisitions by global companies including Lycos, Bertelsmann, GFI, Teamviewer, and Helpsystems.