Organization · Venture Capital
Formula VC
Formula VC is an early-stage venture capital firm based in Yerevan, Armenia, focusing on supporting Armenian-origin startups globally. The firm invests in sectors such as SaaS, IoT, AI, and health technology.
Overview
What Formula VC does
What Formula VC is
Formula VC is an early-stage venture capital firm based in Yerevan, Armenia, focusing on supporting Armenian-origin startups globally. The firm invests in sectors such as SaaS, IoT, AI, and health technology.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- April 23, 2026
Official channels
Find Formula VC elsewhere
Open the official website or a supported primary organization account.
Capability profile
Formula VC as a funder
Investment thesis
Formula VC focuses on backing Armenian-origin startups globally, emphasizing scalable tech solutions across various sectors, including AI and renewable energy.
Focus narrative
Formula VC invests in early-stage startups, providing capital and strategic guidance. The firm emphasizes innovative ideas across various sectors, including technology, health, and education, with a particular focus on AI, renewable energy, and health technology. Their investment strategy targets startups with sustainable revenue or significant user bases, aiming for globally scalable solutions.
Value beyond capital
Formula VC adds value to its portfolio companies by providing strategic guidance, leveraging a global network of industry experts, and facilitating connections to high-growth opportunities. The firm focuses on fostering innovation and scalability, ensuring that startups are well-positioned for success in competitive markets.
Terms and economics
- Typical check
- $500,000–$1,000,000
- Sweet spot
- $750,000
Focus and fit
- Stages
- Pre-seed · Seed · Series A
- Regions
- Global · North America · Europe · Asia
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 22
Portfolio context
Notable portfolio companies include: Wirestock: A platform for creators to sell photos, videos, and AI-generated art across multiple stock marketplaces. 10Web: An AI-powered WordPress platform that automates website building and optimization. EasyDMARC: An email security platform that streamlines domain authentication and deliverability. CoinStats: A cryptocurrency portfolio tracker for monitoring investments across wallets and exchanges. Zoomerang: A mobile app for creating professional short-form videos. Docus: An AI-powered health platform for symptom checking and lab interpretation. BlueQubit: A quantum Software as a Service platform for running quantum algorithms.
Common questions
What to know about Formula VC
Upseed classifies Formula VC under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 23, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.