103 Top startups in Armenia for April 2025

We rank Krisp, Renderforest and Fastex in Armenia along with 100 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Armenia startup ecosystem ranks #57 globally and #15 in Eastern Europe.

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Top Unicorn Startups in Armenia for 2025

Picsart is the only unicorn in Armenia raising more than USD 1B. It is the undefined ranked unicorn in Eastern Europe.
SB Score:720

PicsArt is the #1 photo and video editing app, powered by a creative community of more than 100 million monthly active users and influencers. Awesome starts on PicsArt! Like us on Facebook, and step-up your photo and video editing with thousands of tools, edits, backgrounds, stickers, and more! Download on iOS, Android, or Windows.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Yerevan)

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Total amount:1

Best Startups in Armenia for 2025

SB Score:599

Krisp brings freedom and flexibility to people and empowers them to be more productive and Professional when working remotely.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Yerevan)

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SB Score:594

Renderforest is free online video production platform which allows individuals and businesses create broadcast quality videos including wedding, family and traveling photo slideshows, explainer and promotional videos, logo animations, kinetic typography and much more.

Industry:
Social & Leisure
Subindustry:
Digital Media

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SB Score:557

Fastex is the hub for innovative products like Fastex Verse, ftNFT marketplace, Fastex Chain, Fastex Pay, Fasttoken, and Fastex Exchange. It offers a seamless experience for crypto enthusiasts to buy, sell, and trade in one convenient platform.

Industry:
Fintech
Subindustry:
Blockchain

City Rank (Yerevan)

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SB Score:534

Headquartered in San Francisco and supporting a global remote workforce, Sololearn is an ed-tech startup founded in 2013 that provides an e-learning experience for a variety of digital and tech skills. It is available as a mobile application on iOS and Android as well as within a web browser: www.sololearn.com. Sololearn offers 25+ coding courses, from Python to HTML, SQL, C++, and more, in Duolingo-style bite-sized lessons. It also hosts a mobile code compiler as well as community interaction support such as user comments on Lessons, coding challenges, and a Leaderboard with over 29 million users. A course is made up of modules and lessons that split topics into smaller groups, and each lesson combines theory with quizzes and practice. Most modules and courses include an overarching code project that users complete little by little as they learn the corresponding topic.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:505

QLess helps businesses streamline and optimize millions of customer interactions daily by combining intelligent queue management, appointment scheduling, analytics, and predictive insights. It's also the industry’s first cloud-based platform and the only solution with more than 15 years of first-party data.

Industry:
Software & Data
Subindustry:
Software

City Rank (Yerevan)

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SB Score:499

10Web Automated WordPress Platform enables users to effortlessly create AI-powered WordPress websites and securely host them on Google Cloud servers. Experience the convenience of instant website building and the reliability of top-tier hosting services in one user-friendly platform.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:493

EasyDMARC offers a comprehensive solution for securing domains and email infrastructure. Easily identify and fix issues, protect against phishing attacks, and improve email deliverability. Perfect for businesses looking to safeguard their online communication.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Yerevan)

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SB Score:489

An all-in-one platform empowering podcasters to easily create, enhance, and distribute their podcasts. With seamless tools for editing and sharing, this platform streamlines the podcasting process for content creators.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Yerevan)

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SB Score:467

Zangi is a cutting-edge private messenger that prioritizes secure, high-quality communication. It revolutionizes how users connect, ensuring privacy and innovation in every conversation.

Industry:
Software & Data
Subindustry:
Comtech

City Rank (Yerevan)

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SB Score:450

Cognaize is a first-of-its-kind document automation solution powered by hybrid intelligence to drive continuous improvement for financial services and make transformative decisions that result in an ever-better business.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Yerevan)

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Total amount:102

Top 45 Software & Data Startups in Armenia for 2025

The top three Software & Data startups in Armenia have raised more than USD 131M. Armenia startup ecosystem ranks #43 globally for the Software & Data industry.
SB Score:599

Krisp brings freedom and flexibility to people and empowers them to be more productive and Professional when working remotely.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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SB Score:534

Headquartered in San Francisco and supporting a global remote workforce, Sololearn is an ed-tech startup founded in 2013 that provides an e-learning experience for a variety of digital and tech skills. It is available as a mobile application on iOS and Android as well as within a web browser: www.sololearn.com. Sololearn offers 25+ coding courses, from Python to HTML, SQL, C++, and more, in Duolingo-style bite-sized lessons. It also hosts a mobile code compiler as well as community interaction support such as user comments on Lessons, coding challenges, and a Leaderboard with over 29 million users. A course is made up of modules and lessons that split topics into smaller groups, and each lesson combines theory with quizzes and practice. Most modules and courses include an overarching code project that users complete little by little as they learn the corresponding topic.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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Total amount:45

Top 13 Edtech Startups in Armenia for 2025

The top three Edtech startups in Armenia have raised more than USD 982K. Armenia startup ecosystem ranks among the top 10 locations in the world for startups in Edtech, holding the falseth position.
SB Score:238

Tutor is the ultimate platform for seamless teaching and learning. Connect with students, manage lessons, and track progress effortlessly. Experience a user-friendly interface that enhances the education process. Join Tutor today for a smarter way to teach and learn.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Yerevan)

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SB Score:181

Galaxsys provides a diverse selection of high-speed skill games for the iGaming sector. Our partners can enhance their game offerings, attract and retain players, and drive revenue growth.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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Total amount:13

Top 6 Healthtech Startups in Armenia for 2025

The top three Healthtech startups in Armenia have raised more than USD 1.63M. Armenia startup ecosystem ranks among the top 10 locations in the world for startups in Healthtech, holding the falseth position.
SB Score:400

Docus provides the only SaaS platform connecting hospitals with hundreds of top doctors from the US and Europe.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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inKin Wellness Social Platform is designed for active and adventurous people who care about their well-being and the health of their friends and family. With inKin desktop or mobile versions you can: • team up with your friends and family across the world to follow their fitness results & healthy lifestyle choices; • challenge and compete with each other regardless of which app or device you are using; log your activities manually if you haven’t gotten one yet; • create inKin profiles for your children and senior family members to stay updated on their health and well-being; • set up goals and reach them together with a group of like-minded people; • invite friends to become your coaches or mentors or vice versa become a personal coach and an inspiration for hundreds of people across the world; • find friends for fitness and sports in your local community; • save detailed reports on your success towards a healthier lifestyle;

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Yerevan)

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Total amount:6

Most Funded Startups in Armenia for 2025

The top three most funded startups in Armenia have raised total funding of more than USD 232M. Benivo has 0.02% more funding than SuperAnnotate.
SB Score:437

Light-Touch Relocation offers a cost-effective solution for welcoming early careers and mid-level talent. Simplify the moving process without sacrificing quality. Ideal for startups on a budget.

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Yerevan)

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SB Score:321

ZERO is a fast-growing, global automation company which creates smart solutions that enable professionals to spend more time on higher-value work and improve work-life balance.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Yerevan)

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SB Score:599

Krisp brings freedom and flexibility to people and empowers them to be more productive and Professional when working remotely.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Yerevan)

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Total amount:102

Top Hiring Startups in Armenia by Employee Number

The top three hiring startups in Armenia have an median employee size that is between [101-250]
SB Score:450

Cognaize is a first-of-its-kind document automation solution powered by hybrid intelligence to drive continuous improvement for financial services and make transformative decisions that result in an ever-better business.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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SB Score:599

Krisp brings freedom and flexibility to people and empowers them to be more productive and Professional when working remotely.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Yerevan)

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Regional Rank (Eastern Europe)

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SB Score:594

Renderforest is free online video production platform which allows individuals and businesses create broadcast quality videos including wedding, family and traveling photo slideshows, explainer and promotional videos, logo animations, kinetic typography and much more.

Industry:
Social & Leisure
Subindustry:
Digital Media

City Rank (Yerevan)

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SB Score:377

Scylla is a real-time physical threat detection solution. The company utilizes AI and computer vision to detect objects, actions, and behavior anomalies.

Industry:
Software & Data
Subindustry:
Cybersecurity

City Rank (Yerevan)

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Total amount:103

Explore the Startup Ecosystem of Armenia

Population

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2.8 Million

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Regional Rank

(undefined)

15th

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Global Rank

(WorldWide)

57th

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Top Cities for Startups in Armenia - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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