In July, Picsart acquired motion-based video effects company D'efekt, its first acquisition. The facility employed faculty and students to conduct research in machine learning and computer vision. In January 2020, the company launched an artificial intelligence lab in conjunction with the American University of Armenia. Also in 2019, the company was ranked by app analytics company Sensor Tower as the #4 top grossing social photo and video editing app, after Instagram, Snapchat and YouTube. In March 2019, Picsart reached 130 million monthly active users. In October, the company reached 100 million monthly active users and began announcing partnerships with major consumer brands and celebrities. In July, Russian supermodel and philanthropist Natalia Vodianova joined Picsart to help increase social engagement and activism within the Picsart photo community. Picsart also announced that it reached 90 million monthly active users. The company also launched a feature to let its user community create and share custom stickers for free. In 2017, Picsart launched Remix Chat, a messaging system where users can share images directly or in groups and edit them collectively with friends. In 2016, Picsart reached 75 million monthly active users. īy April 2015, the company reportedly had seen 250 million downloads for its iOS and Android apps, and had 60 million monthly active users. In January 2014, Picsart became available on devices supporting Windows 8. In late 2013, Picsart photo editor became available for Windows Phone. In January 2013, Picsart for iOS was released for the iPhone. The first PicsArt app launched in November 2011 on Android devices. Its founders developed the first Picsart application as a stand-alone tool to help people alter a photo image on their phone, and additional capabilities were added over time. Picsart was founded in November 2011 by Armenian entrepreneur Hovhannes Avoyan, and Armenian programmers Artavazd Mehrabyan and Mikayel Vardanyan. It is one of the world's most popular apps, with reportedly more than 1 billion downloads across 180 countries. The platform allows users to take and edit pictures and videos, draw with layers, and share the images on Picsart and other social networks. Picsart is a Miami, Florida- based technology company that develops the Picsart suite of online photo and video editing applications, with a social creative community.

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