Armenian Code Academy, STEP Consulting LLC, and Technological Education Foundation published their Armeniaβs Tech & Startup Ecosystem Overvew for 2025ππ
Key Highlights:
β’ 1,253 active tech companies in Armenia
β’ 58,700 professionals are employed in tech sector
β’ $2.3B industry turnover in 2024
β’ 7% of GDP from ICT β a significant contributor to the GDP
β’ $120M+ in startup funding in 2024 β Great year with multiple Series A & B rounds.
β’ π¦ ServiceTitan IPO on NASDAQ β The first Armenian-founded startup to go public, valuing at nearly $10B.
β’ Plug & Playβs entry into Armenia β A huge milestone for the country!
π Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
βββββββββββββββββ
π₯ Join 3N to stay updated on startup news!
Key Highlights:
β’ 1,253 active tech companies in Armenia
β’ 58,700 professionals are employed in tech sector
β’ $2.3B industry turnover in 2024
β’ 7% of GDP from ICT β a significant contributor to the GDP
β’ $120M+ in startup funding in 2024 β Great year with multiple Series A & B rounds.
β’ π¦ ServiceTitan IPO on NASDAQ β The first Armenian-founded startup to go public, valuing at nearly $10B.
β’ Plug & Playβs entry into Armenia β A huge milestone for the country!
π Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
βββββββββββββββββ
π₯ Join 3N to stay updated on startup news!
π4π₯4