🚀 The Top 10 Armenian Startups by Funding
We’ve gathered the list of top 10 standout Armenian startups by funding sizes. This list focuses on startups founded in Armenia and does not include startups founded by Diaspora Armenians.
🌟 Key Insights:
✅ Over the past decade, Armenia-born tech startups have collectively raised around
$490 million.
✅ Picsart 🦄 (Armenia's first official unicorn) and
CodeSignal have reached
Series C stage.
✅ SoloLearn and
HerculesAI (formerly Zero) are in
Series B stage.
HerculesAI reached that stage in 2024.
✅ In 2024,
EasyDMARC,
Podcastle, and
ActiveLoop (not on the list, but raised $19.6 million to date) reached
Series A stage.
This report was created in collaboration with
Modex. Big thank you to
Tsovinar Sofi Babayan for her contribution. We also want to thank her for introducing the term "Armenia-born," which we use in our reports.
#armenianstartups #startupfunding #Modex #ArmenianTechEcosystem #stats
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