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Hovhannes Avoyan

Founder of Picsart

North Miami Beach, Florida

Overview 

Hovhannes Avoyan is the CEO and Founder of PicsArt, a company with over 1.5 billion app installs, showcasing his success as a serial entrepreneur with four successful exits. He has a strong background in AI research and has held leadership roles at various tech companies, including SoloLearn and Monitis Inc. Avoyan's career highlights include founding and leading PicsArt to massive success with over 1.5 billion app installs and successfully exiting several companies, demonstrating his expertise in entrepreneurship and strategic leadership. His background in AI research and leadership roles at tech companies like SoloLearn and Monitis Inc further solidify his reputation as a seasoned professional in the industry.

Work Experience 

  • CEO and Founder

    2011 - Current

    PicsArt is the world’s #1 creative platform and social editing app leading the visual storytelling revolution. With more than 150 million monthly active creators, the PicsArt community creates, remixes and shares nearly 1 billion images every month. The company has amassed one of the largest open-source collections of content in the world, including free-to-edit photos, stickers and more. PicsArt is available in 30 languages for free and as a subscription on iOS, Android and Windows devices. Headquartered in San Francisco with offices in Yerevan, Armenia; Moscow; Beijing; Tokyo; and Los Angeles, PicsArt is backed by Sequoia Capital, DCM Ventures, Insight Venture Partners, and Siguler Guff and Company.

  • Member Board Of Trustees

    2020

  • Advisor

    2020

SuperAnnotate is an AI data platform that unifies AI pipeline and simplifies dataset creation, curation, and model evaluation.

Raised $53,500,000.00 from Socium Ventures, Databricks Ventures, Play Time Ventures and NVIDIA.

  • Board Member

    2014

SoloLearn is an ed-tech startup that provides an at scale solution for upskilling and reskilling by making tech skills accessible to all.

Raised $30,900,000.00 from Drive Capital, Prosus Ventures and Learn Capital.

  • Advisor

    2020 - 2022

Krisp’s mission is to maximize the productivity of every digital voice conversation and help businesses achieve better business outcomes.

Raised $17,500,000.00 from TechNexus Venture Collaborative, Storm Ventures, s16vc, CM Ventures, RTP Global, TechNexus Venture Collaborative, CM Ventures, HIVE Ventures, Storm Ventures and Sierra Ventures.

  • CEO and Founder

    2005 - 2016

    Sourcio is a software R&D company and startup incubator. Sourcio focuses on mobile and SaaS startups.

  • President

    2000 - 2015

    Armenian IT association (www.uite.org)

  • CEO and Founder

    2007 - 2014

    A leading provider of IT and business performance monitoring solutions. Provides monitoring SaaS targeting small and mid size enterprises, value added resellers, managed service providers and ISPs. Allows integrated monitoring for servers, website, network, devices, web traffic, website position on search engines, and custom key performance indicators on real time dashboard.Provides SLA reporting. Acquired by TeamViewer/GFI Software in 2011.

  • General Manager

    2002 - 2005

    One of the largest Internet search companies in early 2000. Lead large web consumer product development and operations team - mail, search, games, dating, messaging and e-commerce products.

  • Visiting Lecturer

    2003 - 2004

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