Armenian Code Academy, STEP Consulting LLC, and Technological Education Foundation published their Armenia’s Tech & Startup Ecosystem Overvew for 2025πŸš€πŸ“Š

Key Highlights:

β€’ 1,253 active tech companies in Armenia
β€’ 58,700 professionals are employed in tech sector
β€’ $2.3B industry turnover in 2024
β€’ 7% of GDP from ICT – a significant contributor to the GDP
β€’ $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
β€’ πŸ¦„ ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
β€’ Plug & Play’s entry into Armenia – A huge milestone for the country!

πŸ”— Donwloand the full report here: https://bootcamps.aca.am/insights

#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation

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