Picsart funding rounds & valuation history
Picsart, the photo- and video-editing app and creator platform founded in Armenia, led by CEO Hovhannes Avoyan. Funding from the First venture round (Sequoia) to the Series C (Aug 2021), sourced to Picsart, TechCrunch and Fortune.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Series CLatest priced round. No later equity round announced, as of 13 Nov 2026 IST. TechCrunch’s ~$600M figure for a 2019 round is PitchBook data and is not used. |
$130M |
SoftBank Vision Fund 2 |
Over $1BLower bound: Picsart said “north of the $1 billion mark” and declined to be more specific (TechCrunch) |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series BTechCrunch names DCM Ventures and Siguler Guff & Company as the investors but no lead, so none is shown. TechCrunch: “So far, it’s raised $45 million in venture capital funding.” |
$20M |
—Not disclosedWith: DCM Ventures, Siguler Guff & Company |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Venture round (Insight)No series letter was given; TechCrunch’s 2017 recap counts it before the Series B. |
$15M |
Insight Venture PartnersWith: Sequoia Capital |
~$250MReported by Fortune before the close (“values the three-year-old startup at $250 million”); Picsart declined to comment on valuation |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
First venture round (Sequoia)Dated to the TechCrunch announcement; Fortune (Apr 2015) says the money came “in late 2014”. |
$10M |
Sequoia Capital |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as reported at each closed round with a figure: the 2015 number is Fortune’s pre-close report and the 2021 figure is a lower bound (“north of $1 billion”). Not a like-for-like step-up.
Sources: Picsart, TechCrunch, Fortune. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 5 Feb 2015 · Closed
First venture round (Sequoia): $10M led by Sequoia Capital.
- 4 Jun 2015 · Closed
Venture round (Insight): $15M at ~$250M led by Insight Venture Partners.
- 20 Apr 2016 · Closed
Series B: $20M.
- 26 Aug 2021 · Closed
Series C: $130M at Over $1B led by SoftBank Vision Fund 2.
Cite this dataset
Free to quote with a link back. Copy this citation:
Picsart Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/picsart/
Download the data
The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
picsart-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/picsart-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
PitchBook’s ~$600M valuation for a 2019 round (cited by TechCrunch but not disclosed by Picsart), aggregator-only rounds, the Apr 2022 SEC Form D for $9.24M of options (employee equity, not a financing), and acquisitions made by Picsart.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 4, not yet published).
Sources
- Picsart Blog: Investing in Creativity: Picsart Raises Series C Funding, 26 Aug 2021
- TechCrunch: Picsart raises $130M from SoftBank, becomes unicorn on the back of its visual creator tools, 26 Aug 2021
- TechCrunch: Photo app PicsArt gets $20M to grow its user base in Asia, 20 Apr 2016
- TechCrunch: Creative-focused app PicsArt hits 100M MAUs, attracting brands tired of trolls, 31 Oct 2017
- TechCrunch: PicsArt Raises $15M To Build A Community Around Photo Editing, 4 Jun 2015
- Fortune: Picsart, a mobile photo-editing app, to raise $15 million, 13 Apr 2015
- TechCrunch: Picsart, A Photo Editing App With 200M Downloads, Lands $10M From Sequoia, 5 Feb 2015