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How PicsArt CEO Hovhannes Avoyan grew PicsArt to $750M revenue with a 1407 person team in 2024.

Picsart is the world's largest digital creation platform. Its AI-powered tools allow creators of all levels to design, edit, draw and share photo and video.

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PicsArt Revenue

In 2024, PicsArt's revenue reached $750M. The company previously reported $259M in 2020. Since its launch in 2011, PicsArt has shown consistent revenue growth.

PicsArt Revenue GrowthReported revenue / ARR by year$0$200M$400M$600M$800M20112013201520172019202120232024$0$259M$750MSource: GetLatka.com
YearMilestone
2024PicsArt Hit $750m revenue in December 2024
2020PicsArt Hit $259m revenue in December 2020
2011Launched with $0 revenue

PicsArt Valuation, Funding Rounds

PicsArt reached a $1.5B valuation in 2021, set during its Series C round.

PicsArt has raised $175M in total funding across 4 rounds, most recently a $130M Series C round in 2021.

PicsArt Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$400M$800M$1B$2B2011201320152017201920212011 cumulative: $0 • 2011 Founded: $02015 cumulative: $10M • 2011 Founded: $0 • 2015 Seed Round: $10M2015 cumulative: $25M • 2011 Founded: $0 • 2015 Seed Round: $10M • 2015 Series A: $15M2016 cumulative: $45M • 2011 Founded: $0 • 2015 Seed Round: $10M • 2015 Series A: $15M • 2016 Series B: $20M2021 cumulative: $175M • 2011 Founded: $0 • 2015 Seed Round: $10M • 2015 Series A: $15M • 2016 Series B: $20M • 2021 Series C: $130M @ $2B valuation$175M2011 Founded: $0 valuation2021 Series C: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$130M$1.5B9%
2016Series B$20M--
2015Series A$15M--
2015Seed Round$10M--

PicsArt Employees & Team Size

PicsArt employs approximately 1.4K people as of 2026.

PicsArt has 1.4K total employees in different roles and functions.

PicsArt Team GrowthReported headcount over time03006009001,2001,50020112013201520172019202120232025001,4071,407Source: GetLatka.com
YearMilestone
2025Reached 1.4K employees (November 2025)

Founder / CEO

Hovhannes Avoyan

Hovhannes Avoyan is listed as Founder / CEO at PicsArt.

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Customers

We do not have customer count information for PicsArt yet.

Frequently Asked Questions about PicsArt

What is PicsArt's revenue?

PicsArt generates $750M in revenue.

Who founded PicsArt?

PicsArt was founded by Hovhannes Avoyan.

Who is the CEO of PicsArt?

The CEO of PicsArt is Hovhannes Avoyan.

How much funding does PicsArt have?

PicsArt raised $175M.

How many employees does PicsArt have?

PicsArt has 1.4K employees.

Where is PicsArt headquarters?

PicsArt is headquartered in San Francisco, California, United States.

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Compare PicsArt to the industry

PicsArt operates across multiple industries. Browse revenue, funding, and growth data for PicsArt in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

PicsArt Revenue 2024: $750M ARR, $1.5B Valuation