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Venture capital firm

Formula VC

Early-stage venture fund in Armenia backing software, IoT and AI start-ups from the region

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About Formula VC

Formula VC is a venture fund in Yerevan that supports young technology teams through their first stages of growth. It presents Armenia as a growing innovation hub and wants its start-ups to compete globally.

What Formula VC offers

  • Early-stage investment — funds start-ups already backed by angel groups or other pre-seed sources, or bootstrapped.
  • Network and resources — gives founders access to its contacts and support during growth.
  • Linked infrastructure — connects to a business angel network, a start-up incubator and an international fund investing in IoT.
  • Advisory board — draws on advisers from innovation and financial centres.

Who it works with

It focuses on SaaS, IoT and AI projects from Armenia and nearby regions, favouring those with steady recurring revenue or a large active user base.

Key facts

  • Based in: Yerevan, Armenia
  • Focus areas: SaaS, IoT, AI

Profile written by TrustList from the business's own published information, Sep 2026.

Categories & features

  • Texas
  • Pre Seed
  • Design
  • Agriculture
  • Electronics
  • Security
  • Banking
  • Engineering
  • Education
  • Digital
  • Investment Banking
  • FinTech
  • Business
  • Armenia
  • IoT
  • Marketing
  • Digital Marketing
  • WordPress
  • Growth Stage
  • Buenos Aires,

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