How many companies are there in Armenia?

As of Nov 2026, there are 2,198 companies in Armenia.

How many companies in Armenia have received funding?

As of Nov 2026, a total of 262 companies in Armenia have secured funding.

How many acquisitions have taken place in Armenia?

As of Nov 2026, Armenia has seen a total of 19 acquisitions.

Startups in Armenia - 2026 Latest Funding Rounds, Trends and News

Armenia has over 2,198 startups across the country. Of these, 262 are funded companies that have collectively raised $692M in venture capital and private equity. A total of 80 investors have participated in 434 funding rounds, with 7 startups securing early-stage funding. In the last five years, 367 new companies have been founded, raising over $15.8M in funding. Startups in Armenia have witnessed 18 acquisitions and 46 IPOs, while 219 startups wrapped up operations. Additionally, 44 companies have been founded by women.

Key Metrics

Total Companies

2.2K

Top Companies

Ameriabank, Felicis Ventures & 3 more

Total Funding

$692M

Funded Companies

262

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

View complete details of startups in Armenia

Ameriabank is the top company in Armenia, ranked using Tracxn Score (what's this?).

Here are 5 of the top companies in Armenia:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Ameriabank	Commercial bank	Yerevan (Armenia)	1992	Acquired	$70M
Felicis Ventures	Venture capital firm focused on multiple sectors	Menlo Park (United States)	2006	Unfunded	-
Ucom	Wireless internet services provider	Yerevan (Armenia)	2009	Unfunded	-
InecoBank	Commercial bank	Yerevan (Armenia)	1996	Funding Raised	-
Team Telecom Armenia	Provider of telecommunication services	Yerevan (Armenia)	1995	Series C	$45M

Get a longer list of companies

In the year 2025, till July 2025, $29.8M has been raised in 3 equity funding rounds across Armenia. In the same period last year (i.e. till May 2024), $5M had been raised across 2 rounds in Armenia. So, 2025 has seen a 495% rise in funding in companies of Armenia as compared to 2024.

Here are some recent, important funding rounds in Armenia:

Company	Round Raised	Amount Raised	Funding Date	Investors
STON.fi	Series A	5886	Jul 30, 2025	Ribbit Capital and 1 more
Anqa	Seed	7408	2025	-
VitalVEDA	Series B	4678	Feb 01, 2025	Rollman Management
MetaToken	Series A	7971	May 28, 2024	-
STON.fi	Seed	6294	May 14, 2024	CoinFund

See a more detailed list of funding rounds

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2.2K+ Total Companies
$692M+ Total Funding
260+ Funded Companies
45+ IPOs
15+ Acquisitions

Europa is the top investor in companies of Armenia based on number of companies invested.

Here are some top investors in Armenia:

Investor	Location	Top Portfolio Companies
Europa	Belgium	ACBA-Credit Agricole Bank, YSU and Mediainitiatives
U.S. Department of State	Washington (United States)	YSU, Coaf and Fpwc
BAJ Accelerator	New York City (United States)	Earlyone, Virtlo and Denovo Sciences
Armenia Startup Academy	Yerevan (Armenia)	inOne, LiveBoard and Virtlo
USAID	Washington, DC (United States)	Mediainitiatives, NGO Center and Enterprise Incubator Foundation

See a more detailed list of investors

In the year 2026, till January 2026, 1 acquisition happened in Armenia.

Here are some recent, important acquisitions in Armenia:

Company	Acquisition Type	Acquisition Date	Acquirers
PSI	Business Acquisition	Jan 05, 2026	Crane
Ameriabank	Business Acquisition	Apr 09, 2024	Bank of Georgia
VivaCell-MTS	Business Acquisition	Jan 24, 2024	-
Etl	Business Acquisition	Mar 10, 2022	-
Code Republic	Business Acquisition	Feb 02, 2022	PicsArt