PicsArt has raised a total of $195 million in funding, achieving a $1.5 billion valuation following its $130 million Series C round in August 2021. Major investors include SoftBank Vision Fund, Sequoia Capital, G Squared, and DCM Ventures. Founded in 2011, PicsArt operates as an AI-powered photo and video editing app that enables users to create, remix, and customize content through its suite of creative tools. With a strong focus on subscriptions and prosumer features, PicsArt remains one of the most popular digital creativity platforms globally, serving millions of users each month.