In a conversation with PanARMENIAN.Net, Hayk Asriyants, the founder and president of Startup Armenia, Yerevan-based think-tank focused on policy and initiatives aimed at developing entrepreneurship in Armenia, presented 5 Armenian startups, which attracted the biggest venture funds at different stages of development.
5th spot
ggTaxi Android and iOS applications allow ordering a car via smartphone at any time and any place in Yerevan at a fixed price. The startup attracted $200,000 one-time investment from philanthropic ventures, including Granatus Ventures.
4th spot
menu.am food delivery startup attracted $720,000 one-time investment from Granatus Ventures. Currently the company is successfully carrying on business in Armenia
3rd spot
CodeFights startup developed a game aimed to check programming skills competing with other players. The company attracted $2,5 million from various sources, including Granatus Ventures, Felicis Ventures, HIVE, Mesa Ventures and others.
2nd spot
News Deeply, a platform with thematic information meant for major media companies, attracted $2,5 million from four sources - Fresco Capital, Granatus Ventures, HIVE and Omidyar Network
1st spot
PicsArt, one of the best Armenian applications, attracted a total of $45 million at three stages: $10 million from Sequoia Capital in February 2015; $15 million from Sequoia Capital and Insight Venture Partners in June 2015; $20 from DCM Ventures and Siguler Guff & Company in April 2016.