10 AI companies with Armenian roots that operate in the global market
Companies with Armenian founders and teams that have grown within the local tech ecosystem are working in generative AI, voice technologies, data processing, financial analytics, automation, and AI infrastructure.
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Armenian companies such as Picsart (150 million users), Krisp, and SuperAnnotate ($50 million in investments) are developing AI products for the global market. The list also includes ServiceTitan, Cognaize, 10Web, ARLOOPA, Gecko Robotics, Firebird, and Bungie, founded by individuals of Armenian origin or operating within the Armenian ecosystem. These enterprises are creating solutions in the fields of generative AI, data processing, robotics, and video games.
We tell you about Armenian-origin companies that create AI products for the international market and work with users and clients around the world.
Picsart
A platform for creating and editing photos and videos, founded in Yerevan in 2011 by Ovaness Avoyan and Artavazd Meghryan. Today, the company is actively developing generative AI tools for content creation and editing. According to the company, the platform is used by more than 150 million active users per month worldwide.
Picsart became the first Armenian tech unicorn after a Series C round in 2021, which valued the company at over $1 billion.
Krisp
An AI company founded in Armenia in 2017 by David Baghdasaryan and Artavazd Minasyan. The startup gained fame for its background noise suppression technology during online calls.
Today, Krisp is developing a voice communication platform with features such as noise suppression, transcription, summarization, translation, and accent handling. The company's key Voice AI Lab technologies are developed in Yerevan.
SuperAnnotate
An AI company founded by brothers Tigran and Vahan Petrosyan. The startup creates infrastructure for preparing, labeling, and evaluating data used in the development of modern AI models.
SuperAnnotate works with teams creating generative models, LLMs, and computer vision solutions. Among the company's clients are Databricks and ServiceNow, and among its investors are NVIDIA and Databricks Ventures. In 2024, SuperAnnotate announced a $36 million Series B round. After additional investments, the total round size reached $50 million.
ServiceTitan
ServiceTitan is an American SaaS company founded by Armenian-American entrepreneurs Ara Madessian and Vage Kuzoyan. The company creates a platform for managing service businesses: requests, scheduling, sales, finance, and analytics. Today, ServiceTitan works with companies worldwide and is developing a large engineering team in Armenia.
Cognaize
Cognaize specializes in applying artificial intelligence to process financial documents. The company was founded by Vage Andonyans. The platform converts unstructured documents into structured data that can be used by banks, credit organizations, insurance companies, and other financial institutions.
The company uses a neuro-symbolic approach: AI models analyze documents, while a rule-based system checks the results and helps reduce errors. According to Cognaize, its models are trained on more than 8 million financial documents.
10Web
10Web is developing an AI-native platform for creating and managing websites. The user describes their idea, and then AI agents create the site and help manage it and make changes.
The company was founded by Artavazd Minasyan, Tigran Nazaryan, Sergey Markosyan, and Armen Sagatelian — Armenian entrepreneurs. Today, 10Web is developing an agent-based approach where AI not only generates individual website elements but also performs a sequence of tasks for creating and managing the site.
ARLOOPA
ARLOOPA operates at the intersection of AI, computer vision, and augmented reality. The company was founded in 2014 by Arman Atoyan and Torgom Bleyen. The company creates AR/VR applications and digital products that use image recognition and computer vision to interact with the real world.
The company is based in the Armenian tech ecosystem and works with international clients. ARLOOPA offers solutions for augmented and mixed reality, 3D content, and interactive digital products.
Gecko Robotics
Gecko Robotics is an American robotics company founded by Armenian-American entrepreneur Jake Lusararyan. The company creates a platform for inspecting critical infrastructure: robots that crawl, climb, swim, and fly across industrial facilities, collecting data using ultrasonic, acoustic, and other sensors.
Firebird
An American AI infrastructure company with offices in the US and Armenia, founded by Razmig Ovagimyan. The company is developing infrastructure for training and deploying artificial intelligence, creating high-performance AI data centers with NVIDIA GPU infrastructure.
The company began developing infrastructure in Armenia and then expanded to other markets, including Kazakhstan. Firebird positions itself as an AI Factory that provides computing power for developers and companies working with artificial intelligence.
Bungie
Bungie is an American game studio founded by Armenian-American entrepreneur Alex Seropian together with Jason Jones. The company creates popular video games, including the iconic Halo and Destiny franchises — a multiplayer online shooter with an open world. In 2022, Bungie was acquired by Sony Interactive Entertainment.
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