PicsArt, Inc.

PicsArt, Inc., commonly known as Picsart, is a global digital creation platform headquartered in Miami, Florida, with significant operations and founding roots in Yerevan, Armenia. The company's mission is to empower creativity in everyone, providing accessible tools for visual storytelling.

Picsart offers a comprehensive suite of photo and video editing applications for web and mobile, featuring a vast template library, generative AI capabilities, and traditional editing tools. Its product offerings extend to businesses and developers through APIs and SDKs, enabling integration of its AI-powered features like background removal, image enhancement, and text-to-image generation into other platforms. The platform serves a diverse user base including consumers, creators, small businesses, marketers, and enterprises, boasting over 150 million monthly active users and more than one billion global downloads.

Led by co-founder and CEO Hovhannes Avoyan, Picsart achieved "unicorn" status in 2021 following a $130 million Series C funding round led by SoftBank Vision Fund 2, valuing the company at over $1 billion. In 2024, Picsart announced a partnership with Getty Images to develop a commercially safe AI image model, further expanding its AI offerings. The company continues to innovate in AI-driven creative solutions, with recent developments including an AI Copilot in Flow and a Creative AI Agents Marketplace, solidifying its position as a leading AI design studio.