# Hovhannes Kuloghlyan

> Hovhannes Kuloghlyan is a co-founder and Head of Operations at Wirestock, a San Francisco-based platform that sits at the intersection of the creator economy and AI data infrastructure. With a PhD in Cosmology from Yerevan Physics Institute and early career stints in blockchain development with Ripple, he transitioned into building one of the world's leading platforms for ethically sourced multimodal AI training data. Wirestock now serves over 700,000 creators globally and surpassed a $40M annual revenue run rate, closing a $23M Series A in May 2026. Kuloghlyan also chairs Grōksmith, a software design and development company with clients including PwC, the Ethereum Foundation, and UEFA.

- **Role:** Co-Founder at Wirestock
- **Organizations:** Wirestock, Grōksmith, Hex Division
- **From:** Armenia
- **Nationality:** Armenian
- **Education:** PhD in Cosmology / Physics, Yerevan Physics Institute after A. I. Alikhanyan
- **Known for:** Co-founded Wirestock in 2019, now one of the world's leading multimodal AI data platforms, Helped grow Wirestock to 700,000+ creators globally and $40M+ annual revenue run rate, Helped drive 20x year-over-year growth in creator payouts after introducing AI licensing model

## Career timeline

- **2008** — Founded Im Card Hamakarg, early entrepreneurial venture
- **2013** — Joined Geno6 as CTO, overseeing technological advancements
- **2014** — Independent Contractor at Ripple, working on blockchain and XRP Ledger integrations
- **2015** — Co-founded and became CTO of The Drop (Katil)
- **2015** — Founded Grōksmith (originally Hex Division), now Chairman; clients include PwC, Ethereum Foundation, UEFA, Dubai Electricity and Water Authority
- **2019** — Co-founded Wirestock in March 2019 alongside Mikayel Khachatryan, Ashot Mnatsakanyan, and Vladimir Khoetsyan
- **2023** — Wirestock pivots from stock photography distribution to AI multimodal training data platform
- **2024** — Featured on EVN Disrupt podcast discussing AI product development, no-code platforms, and startup strategy
- **2024** — Participated in Viva Technology conference in Paris
- **2026** — Wirestock closes $23M Series A led by Nava Ventures with SBVP, Formula VC, and I2BF Global Ventures; surpasses $40M annual revenue run rate

## Achievements

- Co-founded Wirestock in 2019, now one of the world's leading multimodal AI data platforms
- Helped grow Wirestock to 700,000+ creators globally and $40M+ annual revenue run rate
- Helped drive 20x year-over-year growth in creator payouts after introducing AI licensing model
- Secured $23M Series A from Nava Ventures, SBVP (co-founded by Sheryl Sandberg), Formula VC, and I2BF Global Ventures
- Expanded Wirestock's workforce by over 155% within two years of founding
- Established Grōksmith as a global software firm with clients including PwC, Ethereum Foundation, UEFA, and Dubai Electricity and Water Authority
- Early blockchain development work with Ripple, connecting traditional banking infrastructure to XRP Ledger
- Holds a PhD in Cosmology from Yerevan Physics Institute
- Wirestock partners with six of the largest foundation model makers globally

## Latest updates

- **2026-05** — Wirestock closes $23M Series A led by Nava Ventures, with participation from SBVP (Sheryl Sandberg's fund), Formula VC, and I2BF Global Ventures
- **2026-05** — Wirestock surpasses $40M annualized revenue run rate and reports 20x year-over-year growth in creator payouts
- **2024-06** — Featured on EVN Report's EVN Disrupt podcast discussing AI product development, no-code platforms, and startup strategy
- **2024-06** — Participated in Viva Technology conference in Paris

## Links

- Website: https://wirestock.io
- LinkedIn: https://www.linkedin.com/in/h0vhannes/
- Twitter/X: https://twitter.com/h0vhannes
- GitHub: https://github.com/h0vhannes
- Instagram: https://www.instagram.com/h0vhannes/
- Facebook: https://www.facebook.com/h0vhannes/

---

Profile page: https://yespress.io/hovhannes-kuloghlyan
Published by YesPress — https://yespress.io
Last updated: 2026-05-26