Picsart Named One of the Fastest Growing Companies in America by Inc. Magazine

Picsart ranks No. 375 on the 2021 Inc. 5000

Picsart, the world’s largest creative platform, announced that it made No. 375 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest growing companies. The list represents a unique look at the most successful businesses in the American economy today, and comes on the heels of Picsart’s rank as one of the top 20 most downloaded apps worldwide in Q2 and all of 2020 according to SensorTower.

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“It’s evidence of our belief that everyone can be creative, and the success of our mission to empower creators everywhere. We’re excited to continue this momentum, grow our world-class team and technology, and deliver the best creative platform worldwide.”

“This recognition reflects an exciting time of growth for our company,” said Hovhannes Avoyan, Founder and CEO of Picsart. “It’s evidence of our belief that everyone can be creative, and the success of our mission to empower creators everywhere. We’re excited to continue this momentum, grow our world-class team and technology, and deliver the best creative platform worldwide.”

Picsart is recognized on the 2021 Inc. 5000 list as the company surges in global downloads, employees and revenue. This year, Picsart opened an office in the U.K., announced the hiring of CFO Craig Foster, and launched its brand refresh. To date, Picsart has been installed on more than 1 billion devices and ranks among the top-grossing photography and video apps worldwide, alongside YouTube and Instagram.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

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