The top Founders in IT in Armenia

May 9, 2025
4 min read
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Armenia has rapidly emerged as a dynamic hub for technology and innovation in the South Caucasus, thanks to a new generation of visionary founders. These trailblazers in the IT sector have propelled the country’s reputation on the global stage, creating cutting-edge solutions, thriving startups, and tech ecosystems that attract investment and talent from around the world. In this article, we highlight some of the most influential founders driving Armenia’s IT revolution.

Hovhannes Avoyan

Company: Picsart

Hovhannes Avoyan is the founder and CEO of Picsart, a globally recognized creative platform for photo and video editing. With a background in engineering and entrepreneurship, Avoyan has led Picsart to become one of the most downloaded apps worldwide. He is passionate about empowering creativity and fostering innovation. Prior to Picsart, Avoyan co-founded several successful technology companies in Armenia.

Vahagn Poghosyan

Company: gg

Vahagn Poghosyan is the co-founder and CEO of gg, a leading ride-hailing and delivery service in Armenia and the region. He has played a pivotal role in transforming urban mobility and introducing digital solutions for transportation. Poghosyan’s leadership has helped gg expand its services and establish a strong presence in the market. He is committed to advancing technology-driven solutions for everyday challenges.

Gurgen Hakobyan

Company: Krisp

Gurgen Hakobyan is the co-founder and CEO of Krisp, an AI-powered noise-cancelling technology company. Under his leadership, Krisp has gained international acclaim for its innovative solutions in audio communication. Hakobyan is dedicated to improving remote work experiences through advanced technology. His vision has helped Krisp secure partnerships with major global companies.

Artavazd Mehrabyan

Company: Renderforest

Artavazd Mehrabyan is the founder and CEO of Renderforest, an all-in-one platform for video, logo, and website creation. With a strong background in software engineering, Mehrabyan has guided Renderforest to serve millions of users worldwide. He is an advocate for accessible design tools and creative empowerment. His leadership has helped the company achieve rapid growth and industry recognition.

Aram Pakhchanian

Company: Instigate

Aram Pakhchanian is the chairman of Instigate, a technology company specializing in software development and engineering services. With decades of experience in the IT sector, Pakhchanian has been instrumental in promoting Armenia’s tech ecosystem. He is also known for his contributions to education and innovation. Pakhchanian is a respected leader and mentor in the Armenian tech community.

Raffi Kassarjian

Company: Sensyan

Raffi Kassarjian is the CEO of Sensyan, a company focused on digital transformation and smart solutions. He has an extensive background in technology management and consulting, having worked with several international organizations. Kassarjian is dedicated to fostering innovation and bridging the gap between business and technology. His leadership has been key to Sensyan’s growth and success.

Gevorg Safaryan

Company: Earlyone

Gevorg Safaryan is the founder and CEO of Earlyone, a customer flow management platform used by businesses around the world. With expertise in business development and technology, Safaryan has led Earlyone to become a trusted solution for improving customer service experiences. He is passionate about digitizing processes and enhancing operational efficiency. Safaryan is recognized for his entrepreneurial drive and vision.

Karen Vardanyan

Company: Armath

Karen Vardanyan was a pioneer of Armenia’s technology education sector and the founder of the Armath engineering laboratories. Through Armath, he initiated a nationwide movement to introduce robotics and engineering to schoolchildren. Vardanyan’s efforts have inspired thousands of students to pursue STEM careers. His legacy continues to shape Armenia’s future in technology and innovation.

Vahe Kuzoyan

Company: ServiceTitan

Vahe Kuzoyan is the co-founder and president of ServiceTitan, a leading software platform for home service businesses in North America. With a background in engineering, Kuzoyan has driven the company’s rapid growth and innovation. He is committed to empowering small businesses with advanced technological tools. Kuzoyan’s leadership has positioned ServiceTitan as an industry leader.

Ashot Arzumanyan

Company: SmartGateVC

Ashot Arzumanyan is a co-founder and partner at SmartGateVC, a venture capital firm investing in early-stage technology startups. With extensive experience in startup mentorship and investment, Arzumanyan has helped nurture Armenia’s entrepreneurial ecosystem. He actively supports innovative founders in scaling their businesses globally. Arzumanyan is well-regarded for his dedication to fostering tech innovation.

Conclusion

The impact of Armenia’s leading IT founders extends far beyond their individual companies. Through their creativity, leadership, and commitment to excellence, they have transformed the country’s digital landscape and inspired a new wave of entrepreneurs. As Armenia continues to foster innovation and technological growth, these founders will remain at the forefront, shaping both the national and international IT industries for years to come.

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