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Top 5 Health Care Startup Investors in Armenia (October 2026)

The most active venture capital funds and angel investors investing in Armenia Health Care startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Armenia Health Care startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SmartGateVC
VC Fund
2 United States, Armenia, United Kingdom Pre-Seed, Seed, Angel Artificial Intelligence, Machine Learning, Health Care $250k–$10M
Hovhannes Avoyan
Angel
1 Armenia, United States Seed Apps, Mobile, Software $100k–$6M
Formula VC
VC Fund
1 United States, Armenia Seed, Pre-Seed, Series A Information Technology, Software, SaaS $335k–$10M
Angelsdeck Global Ventures
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Education $80k–$6M
Liqvest
VC Fund
1 Armenia, United States Seed Travel, Tourism, Children $1M–$2.5M
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Investor list

SmartGateVC
VC Fund · Yerevan, Yerevan, Armenia · 2 investments in Armenia Health Care startups

Pre-seed VC fund backed by Tim Draper & entrepreneurs / professionals. AI, Security, IoT, Biotech, Quantum across Armenia, California, Boston, NYC, Eastern Europe

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Health Care
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Armenia, United Kingdom

Investor stats

  • Total investments: 44
  • Round size: Seed $2.5M–$10M; Pre-Seed $250k–$2.7M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $11M in 2024

Portfolio highlights

  • Coherence Neuro — Opto Biosystems specializes in the development of innovative healthcare technologies that bridge the gap between cancer neuroscience and bioelectronics. The company focuses on creating smaller, softer, and wireless biological interfaces designed to offer a new treatment modality. By leveraging advancements in neural engineering and bioelectronics,Opto Biosystems is dedicated to building new tools that interface with the body, aiming to improve patient outcomes in the healthcare sector. Their work includes exploring the stability of thin-film electrodes for neuromodulation, highlighting their commitment to advancing medical technology.
  • Cordance Medical — We are doing some work on our site. Please come back later. We'll be up and running in no time.
  • Neuraworx Medical Technology — Neuraworx Medical Technology is a neurotechnology company developing first-in-class bioelectronic solutions for brain health.
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Hovhannes Avoyan
Angel · San Francisco, California, United States · 1 investments in Armenia Health Care startups

Hovhannes Avoyan is based out of North Miami Beach, Florida and is the Founder & CEO of Picsart. Hovhannes previously worked at Krisp as an Advisor. Hovhannes Avoyan attended the American University of Armenia.

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Investment focus

  • Industry: Apps, Mobile, Software
  • Stage:Seed
  • Geography: Armenia, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $100k–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • InSpace — Built for educators by educators, InSpace Proximity, Inc. is a socially intuitive video learning platform that allows you to teach online the way you would in a classroom. The company's technology replicates the personal interaction students and faculty crave that was lost when colleges, universities and K-12 classrooms introduced virtualeducation. In addition to being lifelong friends, co-founders Dr. Narine Hall and Haykanush Lputyan are experts in machine learning, data science, and online video education technologies.
  • Eye Care Plus Exercise — eyeexamtest.com is a established .com domain (6 years) hitting the marketplace listing. Listed at $195 with money-back guarantee.
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Formula VC
VC Fund · Yerevan, Yerevan, Armenia · 1 investments in Armenia Health Care startups

Formula VC has a mission to support startups with its network and resources in early stages of growth to become global players in their domain. Formula VC’s main focus is on the startups engaged in SAAS, IoT and AI based on exception network of global Armenian community.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Armenia

Investor stats

  • Total investments: 18
  • Round size: Seed $1.5M–$10M; Pre-Seed $335k–$1.2M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — raised $7M in 2021

Portfolio highlights

  • Trag — We help companies to automate their software refactors and migrations along with automated code reviews. By using our platform engineering teams can quickly migrate from one technology framework to another, automatically update non-compliant code during code reviews etc. We do this by combining static code analysis with LLMs. With this combination,we have far great levels of accuracy, speed and compute efficiency.
  • BlueQubit — BlueQubit is on a mission to democratize Quantum Computing and make it accessible to everyone. Through our BQ platform users can develop, test and run programs on Quantum Computers.
  • Wirestock — Get paid to create AI training data for leading AI companies. Freelance creative jobs in photography, design, video & more. Join 700K+ creators.
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Angelsdeck Global Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Armenia Health Care startups

AngelsDeck Global Ventures. Joint investments and exclusive community.AngelsDeck was created:01 For comfortable and mutually beneficial communication among its members, who share venture capital and self-development values. 02 For priority access to venture capital deals with a recommendation from trusted syndicators.03 By and forinvestors who have an impeccable business reputation and capital transparency.Our Values:* Expertise * We are proud of our members' combined expertise. We create and maintain an environment where all members can conveniently and comfortably share their valuable knowledge.* Exclusivity * In the venture capital market, there is a lot of competition among investors for promising projects. We showcase exclusive deals that are not on the surface.* Syndication * We have created a marketplace where experienced syndicate investors can compete for members' attention by the quality of their deals. Everyone can try the role of a syndicator.* Communication * "As a fish needs water, an investor needs a network," and we have created an exclusive club with a unique atmosphere of online and offline communication between members of equal enthusiasm, aspiration, and motivation.

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Investment focus

  • Industry: Artificial Intelligence, Software, Education
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Russian Federation, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $231k–$6M; Angel $80k–$895k; Pre-Seed $200k–$870k
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • CLOSO — CLOSO connects sellers to brands that have excess inventory, making it easy to source, list and sell.
  • Rhino — First-class armored rides
  • Receiptable — Deliver digital receipts to an app already installed on consumers' phones. Unlock the receipt data to better monetise your customers through more personalised services. We deliver convenience, augmented data and positive impact for the environment.
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Liqvest
VC Fund · Fairview, New Jersey, United States · 1 investments in Armenia Health Care startups

Liqvest is a operator of a venture capital aggregator. The company's platform provides access to promising projects backed by professional investors and access to closed venture deals. The investment will be executed in European or English law that are guaranteed to be transparent and legitimate and all the interactions are provided online,enabling investors to invest successfully from home.

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Investment focus

  • Industry: Travel, Tourism, Children
  • Stage:Seed
  • Geography: Armenia, United States

Investor stats

  • Total investments: 2
  • Round size: Seed $1M–$2.5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Tripsider — Once-in-a-lifetime travel experience with extraordinary people. Tripsider is an online platform for multiday adventure trips by independent guides.We create an algorithm to match travelers for group tours based on their social interests, values, and past experiences. Using this matchmaking formula and micro-segmentation, we allow travelers tobook their next adventure in a sitting. And our communication ecosystem provides safe and instant connections directly to the travel expert.We managed to grow 2X in 2020 despite COVID, and now we're anticipating 5X growth in 2022. Tripsider is operationally profitable, getting traction in the US, and finished the 500 startups (Georgia) acceleration program.
  • Expper Technologies — Robin is an award-winning therapeutic robot designed to support healthcare teams and patients across pediatrics and geriatrics. Discover how therapeutic robots are reshaping care delivery.
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Health Care Investor funding in Armenia at a glance

Stats across 3 deals from 11 investors.

11
investors
in Armenia Health Care startups
3
deals
in Armenia Health Care startups
$1.3M
median round
in Armenia Health Care startups
27%
lead investors
lead at least one round
67%
Seed
most common funding stage
91/9
VC / Angel
share of investor count

Access all 11 investors in Armenia Health Care startups.

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