
Granatus Ventures
Hanrapetutyan Street 37, Yerevan, 0010, Armenia
Overview
Granatus Ventures is the first Armenia-based Venture Capital firm with offices in Yerevan, London and Singapore providing investment, networks and expertise to startups worldwide that leverage Armenia's potential as an emerging technology hub.
- Total investments
- 5
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Emerald
Participated · Seed · Jan 2026
Emerald provides Baseline tests covering more than 115 biomarkers at over 50 locations across the UK, feeds the results into a dashboard that also ingests wearable data, and layers on AI alerts plus an assigned GP who can diagnose, prescribe, and craft personalised action plans. Founded in 2024 by Alexander Badalyan with NHS clinician Dr. Daniel McNally as CMO, the company positions itself as a "Health OS" that turns fragmented data into actionable, clinically validated care. Emerald reports more than 10,000 users growing 15% month-over-month and has generated early revenues of $300,000, derived from consumer subscriptions and B2B partnerships with healthcare providers and employers. The platform claims to be the only service that seamlessly integrates with 100+ physical blood-draw locations while holding full CQC registration for clinical accountability. Recent product leadership hires, such as former Wise senior PM Susanna Raiend, strengthen execution capabilities. Looking ahead, the company plans to deepen UK penetration, launch coaching programmes in early 2026, and expand partnerships with labs, imaging centres, and corporate customers. Ultimately, Emerald aims to become the go-to clinical partner for longevity and preventative care.
- BlueQubit
Participated · Seed · Dec 2024
BlueQubit, founded in spring 2022, builds a Quantum Software-as-a-Service (QSaaS) platform that gives end users access to QPUs and quantum computing emulators. The company leverages large-scale classical compute—a fleet of GPUs—to develop and test quantum algorithms before deploying them on real quantum processors. Its software stack runs emulators up to 100 times faster than commonly available alternatives and includes algorithms for quantum machine learning and quantum optimization. BlueQubit targets use cases in financial modeling, pharmaceutical development, and materials‑science visualization, aiming to marry enterprise applications with advanced quantum hardware. Founders Hrant Gharibyan and Hayk Tepanyan met at Stanford; Gharibyan co-authored a wormhole teleportation algorithm later implemented by Google Quantum AI, and Tepanyan previously worked on Google’s infrastructure team. The company recently raised a $10 million Seed round to advance product development and commercialization.
- Prelaunch.com
Participated · Seed · Mar 2023
Prelaunch is an Armenian startup that helps hardware founders test product-market fit by running reservation-style prelaunches that measure real willingness to pay. Its core product uses simple marketing funnels and two-page test sites (interest page + price/buy page) to capture real purchase intent rather than survey responses. The team says it has worked with more than 1,000 companies and receives over 100,000 visitors per month to its platform. Prelaunch evolved from a marketing agency experience and emphasizes a behavioral-economics approach to reduce wasted production and inventory. The company had been bootstrapped to date and is now expanding its engineering, marketing, and customer efforts. CEO Narek Vardanyan says the product helps founders and companies learn pricing, positioning, and customer segments earlier in development.
- Collectly
Participated · Seed · Jul 2017
Collectly builds proprietary interfaces that integrate with electronic health records and practice management software to automate and streamline patient billing and payment collections for small and solo medical practices. Originally launched in 2017 as a digital debt-collection startup and later part of Y Combinator, it refocused as a patient financial engagement company. Customers have, on average, increased patient collections by 75%, reduced days sales outstanding to about 12 days from 60–90 days, and achieved a 93% patient satisfaction score. The platform engages over 300,000 patients daily and is growing revenue more than 3x year-over-year, and the company reports no churn. Collectly intends to use new funding to develop technology and products, double headcount by year-end, roll out pre-service modules and in-person payments, and explore AI tools like ChatGPT to improve patient experiences. Collectly digitizes debt collection by moving interactions online, tracking debtor responses, and using that data to tailor outreach and repayment solutions. The company says its approach enables recovery of two to three times as much debt compared with traditional agencies, according to CEO Levon Brutyan. Collectly has focused initially on the healthcare sector and is working to sign up the roughly 100,000 medical practices around the country. To boost distribution it is building integrations with major electronic health record providers Athena Health and DrChrono so practices can sync data without manual exports. TechCrunch described the business as nascent but showing early traction. The team raised funding to invest in scaling the product and sales efforts.
- CodeSignal
Participated · Series A · Nov 2016
Founded in 2015 by Tigran Sloyan, Aram Shatakhtsyan and Sophia Baik, CodeSignal offers a self-driving interview platform that measures developer skills regardless of background. The company describes its assessments as a "flight simulator for developers," returning scores and highlighted strengths. It recently launched an Integrated Development Environment enabling candidates to interact with code, files and a terminal and to preview their application, while employers can assign identical coding tasks tied to open roles. CodeSignal has grown revenue 3.5x year-over-year and lists customers including Brex, Databricks, Facebook, Instacart, Robinhood, Upwork and Zoom. Management says it has not yet used proceeds from its prior $25M Series B and plans to use new funding to add platform features, triple headcount in the coming months, and expand into additional skills-assessment use cases. CodeSignal, founded in 2015 and based in San Francisco, is a technical assessment platform that automates skill-based screening and enables structured live interviews. Its Certified Coding Assessments provide objective measures of candidate qualifications and let companies set custom thresholds. The platform offers comprehensive testing options for different teams and roles and includes safeguards against cheating. CodeSignal says it will use new funding to rapidly expand its go-to-market team and to partner with key players in the technical hiring industry. The company is led by CEO and founder Tigran Sloyan. The articles do not disclose revenue or user metrics. CodeFights combines coding challenges with a recruiting platform to match developers to employers based on demonstrated skills. Its product includes company-trained "company bots" that developers can compete against, which has driven word-of-mouth growth. Recruiters on the platform can only contact developers who have signaled they are open to new opportunities, aiming to protect the user experience. The company competes with HackerRank and emphasizes opening job opportunities to developers who lack top-school pedigrees but have strong skills. CEO and founder Tigran Sloyan says the user base has grown 10x since the company’s $2.4M seed round last April. CodeFights plans to use new funding to scale engineering, operations and sales teams and to build new educational tools similar to Duolingo for developers. CodeFights operates a real-time, social platform where developers compete in "code battles"—short debugging and programming challenges that scale in difficulty and award levels and badges. The site, live for roughly six months, supports JavaScript, Java, C++ and Python and currently features over 1,500 challenges. It has attracted about 70,000 users who have solved 1.5 million challenges and the service has been growing 30–40% month-over-month. Gameplay lets users race the clock or face off against other players, with plans to introduce skill-based matching as the user base grows. The company raised $2.4M in seed funding and intends to use the capital to expand content, add new challenge types (for example database or CSS problems), broaden appeal to beginners, and grow the team. The founders are Tigran Sloyan, Aram Shatakhtsyan and Felix Desroches, and the startup is actively hiring from its community.