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Top 30 SaaS Startup Investors in Armenia (October 2026)

The most active venture capital funds and angel investors investing in Armenia SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Armenia SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Formula VC
VC Fund
4 United States, Armenia Seed, Pre-Seed, Series A Information Technology, Software, SaaS $335k–$10M
Sierra Ventures
VC Fund
4 United States, China, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$38M
Point Nine
VC Fund
3 Germany, United States, France Seed, Series A, Series B Software, SaaS, Artificial Intelligence $900k–$62M
SmartGateVC
VC Fund
3 United States, Armenia, United Kingdom Pre-Seed, Seed, Angel Artificial Intelligence, Machine Learning, Health Care $250k–$10M
HIVE Ventures
VC Fund
3 United States, Armenia, India Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $500k–$22M
Triple S Ventures
VC Fund
3 United States, Armenia, France Pre-Seed, Seed Artificial Intelligence, Health Care, SaaS $750k–$2.7M
RTP Global
VC Fund
3 United States, India, Germany Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$80M
BANA Angels
VC Fund
2 United States, Armenia, France Seed, Pre-Seed Information Technology, Software, Artificial Intelligence $170k–$3.7M
s16vc
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2M–$95M
Mosaic Ventures
VC Fund
1 United Kingdom, United States, Germany Series A, Series B, Seed Software, Financial Services, Artificial Intelligence $1.9M–$69M
Inventure
VC Fund
1 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $549k–$25M
Jonathan Weiner
Angel
1 United States, United Kingdom, Armenia Seed, Series A, Series B FinTech, Financial Services, Software $800k–$60M
Index Ventures
VC Fund
1 United States, United Kingdom, France Series A, Series B, Seed Software, Artificial Intelligence, SaaS $1.5M–$102M
Samarth Sharma
Angel
1 United Kingdom Pre-Seed Software, Productivity Tools, Artificial Intelligence
6th Man Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1.8M–$30M
Banexi Ventures
VC Fund
1 France, Switzerland, United States Series A, Series B Mobile, Internet, Software $440k–$21M
Hovhannes Avoyan
Angel
1 Armenia, United States Seed Apps, Mobile, Software $100k–$6M
Hack VC
VC Fund
1 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$42M
LENDLEASE CORPORATION LIMITED
VC Fund
1 Italy, Germany, United States Pre-Seed, Venture - Series Unknown, Series A SaaS, Artificial Intelligence, Biotechnology $142k–$5.6M
Cariplo Factory
VC Fund
1 Italy, France, Germany Pre-Seed SaaS, Artificial Intelligence, Software $142k–$600k
Angelsdeck Global Ventures
VC Fund
1 United States, Russian Federation, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Education $80k–$6M
AISprouts
VC Fund
1 United States, Armenia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Machine Learning $1.3M–$12M
Peak
VC Fund
1 The Netherlands, Germany, Sweden Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $570k–$17M
Siduri Poli
Angel
1 United Kingdom Pre-Seed Software, Productivity Tools, Artificial Intelligence
BigStory VC
VC Fund
1 United States, Armenia, Germany Pre-Seed, Seed SaaS, Software, Information Technology $100k–$10M
Suren Markosian
Angel
1 United States, Armenia Seed Software, iOS, Toys $200k–$4M
Fiona Pathiraja
Angel
1 United Kingdom, Germany, Austria Seed, Pre-Seed, Series A Health Care, Software, Medical $840k–$12M
Liqvest
VC Fund
1 Armenia, United States Seed Travel, Tourism, Children $1M–$2.5M
Imperii Partners
VC Fund
1 Armenia, Singapore, United States Pre-Seed, Series B, Venture - Series Unknown Blockchain, Cryptocurrency, Web3
Stefan Cohen
Angel
1 United States, France, Armenia Series A, Series B, Seed Software, Information Technology, Blockchain $2.9M–$128M
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Investor list

Formula VC
VC Fund · Yerevan, Yerevan, Armenia · 4 investments in Armenia SaaS 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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Sierra Ventures
VC Fund · San Mateo, California, United States · 4 investments in Armenia SaaS startups

Sierra Ventures is an early-stage venture capital firm investing in the future of enterprise, healthcare, infrastructure, and more.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 411
  • Round size: Seed $2M–$11M; Series A $5M–$21M; Series B $5.7M–$38M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $266M in 2023

Portfolio highlights

  • Eden — Eden unifies medical imaging operations with clinical AI: PACS, teleradiology, AI-assisted diagnosis and structured reporting, deployed across 2,600+ imaging departments.
  • Razorsight — Razorsight's Cloud-based Predictive Analytics Software is used by the world's best known telecom brands to improve profits including AT&T, Verizon, T-Mobile, Telus, Tata, Orange, CenturyLink, Windstream, IBM, Comcast and Facebook. Razorsight analyzes network and subscriber activities to control costs, predict churn, and deliverreal-time insights into customer and network activity. These insights are operationalized to improve margins via revenue growth, retention and cost reduction.
  • ANDE.AI LTD — Ande develops an AI-enabled B2B platform and mobile app for managing corporate hospitality events, bookings, policy controls, and expense流程.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 3 investments in Armenia SaaS startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 309
  • Round size: Seed $900k–$7.5M; Series A $3.2M–$24M; Series B $9M–$62M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Kaiko — Kaiko provides real-time and historical cryptocurrency trade data, order books, and aggregated prices through a cryptocurrency API, downloadable CSV files, and a livestream WebSocket. We cover 100+ crypto exchanges and 35,000+ trading pairs for Bitcoin, Ethereum, and altcoins.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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SmartGateVC
VC Fund · Yerevan, Yerevan, Armenia · 3 investments in Armenia SaaS 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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HIVE Ventures
VC Fund · San Francisco, California, United States · 3 investments in Armenia SaaS startups

HIVE Ventures provides capital, community, and connections to help you build your business.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $500k–$3.5M; Series A $4M–$22M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VLAST — Play Beyond Play
  • TrustLogix — TrustLogix data security empowers enterprises to scale data-driven innovation across all clouds and platforms, without sacrificing performance or privacy.
  • Xage Security — Secure, manage & transform OT, IT and cloud operations. Deliver zero-trust local access, remote access, and data security.
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Triple S Ventures
VC Fund · 3 investments in Armenia SaaS startups

We invest in scalable ideas, striking minds, and their success.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: United States, Armenia, France

Investor stats

  • Total investments: 10
  • Round size: Pre-Seed $750k–$2.7M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • SimCare AI — An advanced clinical training platform for healthcare professionals
  • Optimyzee — Optimyzee builds, cleans and optimizes Google Ads, Yelp Ads and eCommerce campaigns with AI while every change stays human-approved.
  • Cloudchipr — Empower your team with AI agents to optimize cloud costs, answer questions, explain anomalies, send reports, assign tasks, and more.
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RTP Global
VC Fund · London, England, United Kingdom · 3 investments in Armenia SaaS startups, 24 in the past 12 months

A global, early-stage venture capital firm, backing founders who use technology to reimagine how the world works like Datadog, DeliveryHero and Cred.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 281
  • Round size: Seed $2M–$13M; Series A $6M–$25M; Series B $11M–$80M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Flam — Frontier AI research and product for interactive content. Video was the last big shift in content. Interactivity is the next one, and we're defining it.
  • Ahead Health — Ahead Health is redefining preventive healthcare by making personalized health insights clear, actionable, and accessible anytime, anywhere
  • Stable Money — Steady returns, untapped opportunities, and excellent long-term performance to aid your journey of wealth creation!
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BANA Angels
VC Fund · Delevan, New York, United States · 2 investments in Armenia SaaS startups

BANA Angels is a network of investors, entrepreneurs and executives from Armenia and abroad interested in making investments in startup companies.In addition to capital, the members bring their expertise, experience and network to influence the success of the startups they invest in.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Armenia, France

Investor stats

  • Total investments: 21
  • Round size: Seed $170k–$2.5M; Pre-Seed $335k–$3.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BioNeex — The first Biopharma R&D open Exchange Platform for Licensing and Co-Development Partnerships of Drug Candidates
  • 10Web — Unlock powerful tools for hosting, building, optimizing, and securing your site. Elevate your web presence with 10Web.
  • BrandLens — Video submissions made easy. Collect UGC, testimonials, and fan videos through guided, in-browser experiences that scale without friction. White-label available
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s16vc
VC Fund · New Castle, Delaware, United States · 2 investments in Armenia SaaS startups, 8 in the past 12 months

s16vc is an early-stage founder-centric angel fund. The fund focuses on early stage technology investments, operating globally in Europe, and the US. We have brought together more than 80 founders & operators to support early stage companies in their growth. Fund partners are active founders and operators: - Oleg Bibergan - Co-founder &Co-Managing Partner at s16vc, venture investor & corporate finance executive with 15 years of experience spanning early, growth, and late stage deals as equity investor with GS SSG, Kismet Capital Group, and personal angel portfolio- Aleks Shamis - Co-founder & Co-Managing Partner at s16vc. Ex-Deputy CEO at Borzodelivery.com (global on-demand delivery business, operating in 10 countries)- Mike Peregudov - Founder & CEO at Pivot.ws (EdTech startup in the US market), Food Party (exit to Yandex)- Leo Batalov - Partner, Global Co-Head of Emerging Growth Companies & Venture Capital at DLA Piper, top international law firm- Egor Rudi - Founder & CEO at Profi.ru (leading services marketplace in Eastern Europe), Co-founder at Hands.ru (first Uber-like marketplace in home improvement market)- Tolya Marin - Founder at Payment systems (fintech company with profit per employee > PayPal & 20m installs/ 5m MAU)- Andrey Khusid - Founder and CEO of Miro, the world's most popular visual collaboration platformBeing founders ourselves, we are confident that people succeed, not ideas, and feel immense respect for every founder who perseveres to the point of creating impact and monetizable value. We invest in teams who share our values: - People succeed, not ideas- Community, not individual- Trust- Transparency- Intrinsic motivation to help- Pay forward- Beginner mindset

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 91
  • Round size: Seed $2M–$8.5M; Series A $5M–$35M; Series B $20M–$95M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.8M in 2026

Portfolio highlights

  • All3 — All3 uses AI and robotics to design, manufacture, and assemble buildings through a unified system. The company provides an end-to-end system that combines AI-driven architectural design, robotic off-site manufacturing, and automated on-site assembly for residential and commercial structures. Its platform enables customized building components to beproduced and assembled with software-controlled workflows, reducing reliance on manual processes and fragmented supply chains.All3 also offers vertically integrated services that cover planning, engineering, fabrication, and construction delivery, allowing developers to manage projects within a single system. Its technology supports complex building designs and constrained urban sites by adapting production and assembly processes to specific project requirements.
  • Dwelly — Dwelly acquires and partners with independent UK lettings agencies, helping owners exit smoothly, profitably and on their terms. Get a free agency valuation.
  • Passionfroot — A workspace where you can manage your creator business and organise your finances so that you can optimise your creator-work-life balance.
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Mosaic Ventures
VC Fund · London, England, United Kingdom · 1 investments in Armenia SaaS startups

We back founders who are reimagining the world. We invest $1-10m early, in those building daring adventures in Europe.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 107
  • Round size: Seed $1.9M–$21M; Series A $5M–$26M; Series B $12M–$69M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2018

Portfolio highlights

  • Cortea — Purpose-built AI grounded in auditing standards. Consistent, defensible audits every time. Trusted by DHPG and Mazars.
  • Coram AI — Secure your business with cloud based security cameras from Coram AI. Remotely monitor your property with advanced AI security cloud camera systems. Book a demo.
  • Integral — Bookkeeping, financial statements, and payroll all from one source
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Inventure
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Armenia SaaS startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 180
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
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Jonathan Weiner
Angel · New York, New York, United States · 1 investments in Armenia SaaS startups

Jonathan Weiner is the Founder of HumanX. He previously worked at FastPay as a Board Member. Jonathan Weiner attended the University of Massachusetts Amherst.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Armenia

Investor stats

  • Total investments: 63
  • Round size: Seed $800k–$11M; Series A $3.5M–$18M; Series B $9.5M–$60M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Vendelux — AI-Powered Event Intelligence Platform with speaker, sponsor and attendee data covering over 250,000 trade shows and conferences.
  • Ledge — Automate your finance operations with Ledge and gain full payments visibility, automated reconciliation, and a single source of payments truth. Say goodbye to manual work and financial data chaos. Get started in minutes, integrate with your existing payments stack, and focus on strategic tasks with confidence.
  • OurRitual — Couple Goals Made Possible. Relationship Support For Busy People, Practical Tools & Expert Feedback
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Index Ventures
VC Fund · San Francisco, California, United States · 1 investments in Armenia SaaS startups

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 1579
  • Round size: Seed $1.5M–$16M; Series A $5M–$35M; Series B $12M–$102M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $400M in 2026

Portfolio highlights

  • PanGenetics — PanGenetics B.V. develops monoclonal antibodies for the treatment of immune mediated diseases.PanGenetics is a clinical development company that specializes in taking antibodies from the late research stage through to clinical proof of concept. The company is based in Utrecht, the Netherlands with an office in Cambridge, UK. PanGenetics employsa lean business model with manufacturing and clinical development activities outsourced to specialist providers. Apart from PG110, the other clinical program of PanGenetics is PG102, a CD40 antagonist for treatment of autoimmune diseases which is currently being evaluated in a clinical study in psoriatic arthritis patients
  • Acutus Medical — Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. The company's platform displays the heart’s true activation pattern, turning the chaos of a complex arrhythmia into a clear vision for electrophysiologists.Acutus Medical is a privately funded company founded in 2011 and based in Carlsbad, California. Itsproducts are co-developed in the U.S. and Europe with an exceptional team of medical scientists, biomedical engineers, and other professionals.It was founded in 2011 and headquartered in Carlsbad, California.
  • The Cambridge Satchel Company — Beautiful leather satchels and music bags in a variety of sizes, colours - backpack or shoulder strap styles. Made in England, the traditional school satchel is back and looking better than ever.
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Samarth Sharma
Angel · Vancouver, British Columbia, Canada · 1 investments in Armenia SaaS startups

Samarth Sharma is the Head of Growth, EMEA App Dev at Google.

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Investment focus

  • Industry: Software, Productivity Tools, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: United Kingdom

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Melon — Save & organise content from any source. Follow experts and friends. Share your knowledge with others.
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6th Man Ventures
VC Fund · New York, New York, United States · 1 investments in Armenia SaaS startups, 6 in the past 12 months

6th Man Ventures is an early stage crypto VC firm investing in web3 applications & infrastructure6MV was born from a love of web3 in practice and principle, founded and run by a group who both see the potential and actively work to bring projects to life every day. That makes us incredible partners to have on your journey.6th Man Ventureswas established in March 2021 in New York, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 169
  • Round size: Seed $2.4M–$14M; Pre-Seed $1.8M–$4.5M; Series A $8M–$30M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $145M in 2022

Portfolio highlights

  • BetHog — BetHog is a new crypto sports book that brings home the bacon.
  • Trove — Trove Collectibles is a content and commerce platform focused on sports cards and collectibles.
  • Kairos Labs — Kairos Labs is an Ethereum ecosystem interest rate swap protocol
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Banexi Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Armenia SaaS startups

Banexi Ventures Partners invests through venture capital funds, in early stage companies with high growth potential and high technology in 3 different sectors. The company is headquartered in Paris, France.

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Investment focus

  • Industry: Mobile, Internet, Software
  • Stage:Series A, Series B
  • Geography: France, Switzerland, United States

Investor stats

  • Total investments: 23
  • Round size: Series A $440k–$6.3M; Series B $2.9M–$21M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $67M in 2011

Portfolio highlights

  • Kewego — Kewego SA, together with its subsidiaries, provides business solutions to manage, broadcast, and monetize videos on the Internet, Intranet, and screen networks. The company offers a Webcast solution, which includes a video player, an administration console, and an application program interface (API) that enables its clients to broadcast videos overthe Internet. It also provides a Web portal solution that consists of a video portal with personalized player that enables its clients to integrate a Web portal to their Websites. The company was founded in 2003 as PulseVision SA and changed its name to Kewego SA in April 2006. Kewego SA is based in Paris, France with additional offices in Madrid, Munich, and Grenoble.
  • Mobibase — Thematic and ethnic content including 200+ TV channels and 7000+ Videos On Demand. Branded OTT apps on any device.
  • ADYOULIKE — The ADYOULIKE Native Technology Platform and Network allows brand advertisers to scale their native advertising campaigns across premium and niche publishers with ease from a single point of entry using the ADYOULIKE DNA Marketplace, the leading global Native Advertising SSP
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Hovhannes Avoyan
Angel · San Francisco, California, United States · 1 investments in Armenia SaaS 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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Hack VC
VC Fund · San Francisco, California, United States · 1 investments in Armenia SaaS startups

Hack VC is a web3 venture capital firm.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 293
  • Round size: Seed $2M–$15M; Pre-Seed $1M–$8M; Series A $6M–$42M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • Axis Robotics — AXIS ROBOTICS | Transferring Diverse Human Intelligence Into Robotic General Intelligence
  • Hyperlane — Hyperlane is the platform for developers building the interchain universe
  • Silicon Data — Revolutionize compute markets through unparalleled data transparency, financial product innovation and market intelligence
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LENDLEASE CORPORATION LIMITED
VC Fund · Sydney, New South Wales, Australia · 1 investments in Armenia SaaS startups

Lendlease is a global real estate group headquartered in Sydney, founded in 1958 and listed on the ASX. Lendlease operates across Australia, Asia, Europe, and the Americas through three capabilities: Investment Management, Development and Construction.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Biotechnology
  • Stage:Pre-Seed, Venture - Series Unknown, Series A
  • Geography: Italy, Germany, United States

Investor stats

  • Total investments: 24
  • Round size: Pre-Seed $142k–$5.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 1994

Portfolio highlights

  • Zell — AI-powered sales training that revolutionizes team performance. Personalized coaching, real-time insights, and autonomous learning to boost your sales success. Join the future of sales today.
  • Smartworks — Find office spaces with flexible leases, modern amenities, and prime locations. Ideal for businesses of all sizes. Explore your office space options today!
  • Podium — The official twitter account of Podium.io, the event app cloud CMS. Helping you create the best app for your events.
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Cariplo Factory
VC Fund · Milan, Lombardia, Italy · 1 investments in Armenia SaaS startups

L'Innovation Hub per la filiera del talento: formazione, accompagnamento imprenditoriale, investimenti di Ventur Capital e internazionalizzazione.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Software
  • Stage:Pre-Seed
  • Geography: Italy, France, Germany

Investor stats

  • Total investments: 20
  • Round size: Pre-Seed $142k–$600k
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2017

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.
  • CloEE — CloEE is an AI-powered SaaS specifically designed to enhance the productivity and manage quality of end products at discrete manufacturing companies of all sizes. CloEE focuses on real-time data collection from production equipment, reducing emergency stops by up to 95% and improving productivity, reducing reject rates by 2 times and improvingoverall equipment efficiency (OEE) by up to 30%. The CloEE SaaS involves predictive analytics, optimizing operation modes and leading to substantial cost savings on equipment expenses. Drawing on the data collected, CloEE presents the possibilities of generative AI, paving the way for advanced technology management. CloEE team possesses 5+ years of experience working with Industry 4.0 projects and has uplifted 400 large industrial enterprises in 25 countries; over 25,000 machines worldwide are connected and managed with our IT solutions.CloEE aims to reduce carbon emissions by improving OEE and minimizing manufacturing machines worldwide.
  • Audemic — Audemic Scholar enables PhD students and researchers to transform stale research PDFs into a time-saving reading and listening experience.
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Angelsdeck Global Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Armenia SaaS 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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AISprouts
VC Fund · Menlo Park, California, United States · 1 investments in Armenia SaaS startups

AISprouts is a venture capital firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Armenia

Investor stats

  • Total investments: 13
  • Round size: Seed $1.3M–$11M; Series A $8M–$12M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely actively investing — fresh fund, raised $5.9M in 2025

Portfolio highlights

  • Enlaye — Digital Contracts and Network Startup, incubated at the Harvard Innovation Labs and the Harvard Business School Rock Center for Entrepreneurship.
  • Gridware — Using remote telemetry and edge AI, Gridware wildfire prevention technology powers a grid that is smarter and more reliable than ever before.
  • UptimeAI — Get precise answers for process anomalies with self-learning OEx solutions rooted in domain SME knowledge, alike the experts you know and trust.
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Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Armenia SaaS startups

European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: The Netherlands, Germany, Sweden

Investor stats

  • Total investments: 120
  • Round size: Seed $570k–$5M; Pre-Seed $781k–$2.5M; Series A $6.5M–$17M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $158M in 2022

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • VoiceLine — VoiceLine is AI-powered field sales revenue intelligence. Document any customer interactions in seconds, get actionable insights and boost sales performance. Start today!
  • microsynetics GmbH — Developing hardware and software to help elderly people gaining more freedom and quality of life. Our first product is an emergency wristband which works together with an app, also connecting relatives via smartphone and phone integrated in the emergency wristband. The automated AI-based fall detection guarantees help even when the user - afteraccident - isn't capable anymore of activating the emergency call via integrated button.
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Siduri Poli
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Armenia SaaS startups

Siduri Poli is the Founder of Changers Hub and CMNTY.XYZ. CMO at 0TO9 Bank of Entrepreneurship. Board member at Saminvest.

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Investment focus

  • Industry: Software, Productivity Tools, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: United Kingdom

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Melon — Save & organise content from any source. Follow experts and friends. Share your knowledge with others.
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BigStory VC
VC Fund · Walnut, California, United States · 1 investments in Armenia SaaS startups

We Help exceptional Armenian founders build high-impact, global companies.

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Investment focus

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

Investor stats

  • Total investments: 8
  • Round size: Seed $1.5M–$10M; Pre-Seed $100k–$1.6M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • New Norm — Talk it through. Journal it. Build a visual memory. A mental health space for guided reflection and self-understanding.
  • 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.
  • SynthFlow AI — Build AI Agents at Scale. No Coding Required.
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Suren Markosian
Angel · San Francisco, California, United States · 1 investments in Armenia SaaS startups

Suren Markosian is the current Founder of List.am. He previously worked at Crowdstar as a Founder. Suren attended technical University of Vienna.

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Investment focus

  • Industry: Software, iOS, Toys
  • Stage:Seed
  • Geography: United States, Armenia

Investor stats

  • Total investments: 5
  • Round size: Seed $200k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ggGeorgia — gg | With gg iOS and Android apps it takes just two taps on your smartphone to order car anytime in Armenia and Georgia.
  • AppLovin — Reach over a billion daily users in mobile games. AppLovin helps consumer brands and gaming apps scale their business profitably.
  • Pilotworks — Pilot Works is a digital product discovery consultancy. We use Lean research, strategy and prototyping techniques to help clients generate and validate product and service ideas.
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Fiona Pathiraja
Angel · 1 investments in Armenia SaaS startups

Fiona is Managing Partner at Crista Galli Ventures, an early stage healthtech VC fund based in London and Copenhagen.

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Investment focus

  • Industry: Health Care, Software, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 15
  • Round size: Seed $1.1M–$4.5M; Pre-Seed $840k–$2.5M; Series A $10M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Unfabled — Menstrual care and wellness products for your cycle. Organic period products in sustainable packaging. Curated brands for skincare, sleep, cravings, cramping, mood swings, and relaxation. For all your self-care needs, we have you covered.
  • Bloom Money — Bloom Money is a savings club app designed to help growing communities in migrant communities and use technology to promote community, safety, and convenience.
  • Everyman Health — Everyman Health ist Spezialist für Männergesundheit und bietet wissenschaftlich fundierte Lösungen für Männer aller Altersgruppen. In Zusammenarbeit mit unseren Partnern, bieten wir dir ein umfassendes Portfolio von digitalen, medikamentösen und nicht-medikamentösen Therapien für unterschiedliche Männerprobleme.Über unsere Plattform wirst du inwenigen Minuten mit einem Schweizer Facharzt verbunden und erhältst eine persönliche Diagnose und gegebenenfalls ein Rezept.Auf Wunsch wird deine persönliche Behandlung von einer lizenzierten Schweizer Apotheke diskret verpackt und dir kostenlos bis vor die Haustür geliefert.
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Liqvest
VC Fund · Fairview, New Jersey, United States · 1 investments in Armenia SaaS 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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Imperii Partners
VC Fund · 1 investments in Armenia SaaS startups

Imperii Partners is a global, crypto-native investment bank and advisory firm that provides purpose-driven strategic and financial advice to the best and most promising companies in the crypto industry.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Pre-Seed, Series B, Venture - Series Unknown
  • Geography: Armenia, Singapore, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AscendEX — AscendEX is global operator of digital asset exchanges for diverse groups of clients from retail to institutions.
  • CoinStats — Own crypto in multiple exchanges and wallets? Sync them to CoinStats so you track and manage them from one place. Track 8000+ coins and 300+ exchanges.
  • Mina — Discover Mina Protocol, the lightest blockchain designed for secure, scalable decentralized applications. Start building or learn more.
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Stefan Cohen
Angel · San Francisco, California, United States · 1 investments in Armenia SaaS startups

Stefan Cohen is based out of San Francisco, California and is the Managing Director and Member of Crypto Team of Bain Capital Ventures. Stefan previously worked at Turbonomic. Stefan Cohen attended the Clark University.

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Investment focus

  • Industry: Software, Information Technology, Blockchain
  • Stage:Series A, Series B, Seed
  • Geography: United States, France, Armenia

Investor stats

  • Total investments: 24
  • Round size: Seed $2.9M–$6.2M; Series A $8M–$88M; Series B $25M–$128M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • CoinStats — Own crypto in multiple exchanges and wallets? Sync them to CoinStats so you track and manage them from one place. Track 8000+ coins and 300+ exchanges.
  • Turnkey — Turnkey is an encryption service provider that offers secure APIs to manage private keys.
  • Jumbo Privacy — We want to help build an internet we can all trust. Learn how to take back control of your online privacy and security today.
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SaaS Investor funding in Armenia at a glance

Stats across 42 deals from 56 investors.

56
investors
in Armenia SaaS startups
42
deals
in Armenia SaaS startups
$232k
median round
in Armenia SaaS startups
38%
lead investors
lead at least one round
33%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

Access all 56 investors in Armenia SaaS startups.

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