Top 20 SaaS VC Funds & Investors in Armenia (October 2026)

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.

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.

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.

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

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.

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.

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!

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

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.

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.

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.

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.

Portfolio highlights

• Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
• myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
• RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.

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.

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

Portfolio highlights

• 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.

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.

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.

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.

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