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Hovhannes Avoyan is a highly accomplished serial entrepreneur, investor, and computer scientist, best known as the founder and CEO of Picsart, one of the world's largest creative platforms. With a deep background in artificial intelligence and machine learning from the American University of Armenia and Syracuse University, Hovhannes has successfully founded and exited multiple tech companies. His vision for Picsart was born from a desire to make creativity and sophisticated design tools accessible to everyone, not just professionals. He has scaled the company to serve hundreds of millions of monthly active users globally, transforming it into a tech unicorn. Beyond his corporate success, Hovhannes is passionate about fostering innovation, serving as a lecturer and founding the Entrepreneurship and Product Innovation Center (EPIC) at the American University of Armenia to mentor the next generation of tech leaders.
Hovhannes Avoyan's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Founded and scaled Picsart into a leading global creative platform with over 150 million monthly active users. He led the company to achieve 'unicorn' status with a valuation exceeding $1 billion in 2021.
Prior to Picsart, he founded and successfully exited three other technology startups: C-solutions (a software development firm), Sourcio (a software development and IT consulting firm), and Monitis (a web monitoring service acquired by TeamViewer/GFI Software).
Founded the Entrepreneurship and Product Innovation Center (EPIC) at the American University of Armenia, an incubation center designed to advance tech entrepreneurship. He also serves as a faculty member, teaching computer science and business.
Spearheaded the integration of cutting-edge AI technology into the Picsart platform, democratizing access to powerful photo and video editing tools for a mass-market audience and pushing the boundaries of digital creation.
Harvard Business School - Year 2005
American University of Armenia - Year 1993
State Engineering University of Armenia - Year 1982
Highperformr Signals uncover buying intent and give you clear insights to target the right people at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
PicsArt is a comprehensive, all-in-one creative platform for photo and video editing. Catering to a massive global community of creators, from consumers and influencers to marketing professionals, it offers a powerful suite of AI-driven tools, filters, templates, and stock content. The platform enables users to easily design, edit, and share visually compelling content across all social media and digital channels, positioning itself as a full-funnel creative solution.
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