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Picsart Funding Rounds & Valuation History (2015–2021)

Private Valuation & Funding Round Tracker · Picsart

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.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
Last closed round Closed
Over $1B
$130M Series C, Aug 2021
Raised in rounds listed
$175M
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$130M
Series C, Aug 2021
Closed rounds listed
4
Feb 2015 to Aug 2021

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.

Showing 4 of 4 rows
Picsart funding rounds, Feb 2015 to Aug 2021
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
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
Step-ups are not computed: the 2015 valuation is a pre-close press report (approx.) and the 2021 valuation is a lower bound (“north of $1 billion”).

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.

  1. 5 Feb 2015 · Closed

    First venture round (Sequoia): $10M led by Sequoia Capital.

  2. 4 Jun 2015 · Closed

    Venture round (Insight): $15M at ~$250M led by Insight Venture Partners.

  3. 20 Apr 2016 · Closed

    Series B: $20M.

  4. 26 Aug 2021 · Closed

    Series C: $130M at Over $1B led by SoftBank Vision Fund 2.

Still private: Picsart has not filed for an IPO, has not been acquired and has not announced a round since the Aug 2021 Series C.

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)
⬇ Download CSV

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

  1. Picsart Blog: Investing in Creativity: Picsart Raises Series C Funding, 26 Aug 2021
  2. TechCrunch: Picsart raises $130M from SoftBank, becomes unicorn on the back of its visual creator tools, 26 Aug 2021
  3. TechCrunch: Photo app PicsArt gets $20M to grow its user base in Asia, 20 Apr 2016
  4. TechCrunch: Creative-focused app PicsArt hits 100M MAUs, attracting brands tired of trolls, 31 Oct 2017
  5. TechCrunch: PicsArt Raises $15M To Build A Community Around Photo Editing, 4 Jun 2015
  6. Fortune: Picsart, a mobile photo-editing app, to raise $15 million, 13 Apr 2015
  7. TechCrunch: Picsart, A Photo Editing App With 200M Downloads, Lands $10M From Sequoia, 5 Feb 2015