About Us

HIVE Ventures was founded in 2014 with the mission to catalyze the global Armenian tech ecosystem by investing in startups led by Armenian enterpreneurs around the world. We not only provide venture capital but also offer mentorship and a Silicon Valley network of leading founders, operators and VCs. HIVE Ventures is a Hiriar & Anna Hovnanian Foundation Initiative.

Our Investment Philosophy

Our mission is to write the first check and be a partner to you as you scale.

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Startups

You are starting a company or scaling your business.

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Technology

You are building a compay with technology at its core.

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Armenian

You are passionate about the Armenian tech ecosystem.

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Startups

You are starting a company or scaling your business.

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Technology

You are building a compay with technology at its core.

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Armenian

You are passionate about the Armenian tech ecosystem.

Meet Our Team

Edele Hovnanian

Edele Hovnanian

Edele Hovnanian is founder and benefactor of HIVE Ventures. She is currently the President of H. Hovnanian Industries, a diversified real estate company on the East Coast, and the Hirair and Anna Hovnanian Foundation. Edele manages a billion dollar portfolio of assets controlled by her family office and oversees the operations and grant awarding within the Foundation, which includes a number of non-profit operating entities owned by the Foundation, including HIVE. Edele’s prior professional career was as an investment banker. She graduated from the University of Pennsylvania with a BS and BA and Columbia University with an MBA.

Nina Achadjian

Nina Achadjian

Nina is a Partner at HIVE Ventures. She also works at Index Ventures where she focuses on venture and growth investments in enterprise and is particularly excited about vertical SaaS. Previously, Nina was an FP&A Lead for Google's AdSense team where she managed a multi-billion dollar book of business covering Amazon, IAC, and eBay. Nina started her career as a high yield bond trader at Citigroup. She graduated from Harvard University with a B.A. in Government and is a recipient of the Michael C. Rockefeller Scholarship. Nina currently lives in San Francisco and enjoys watching football and Formula 1.

Nina Achadjian
Asti Piliposyan

Asti Piliposyan

Asti is a Head of Operations in Armenia. Her background is in engineering. for the last 9 years, she has worked in various silicon valley companies as part of their UI engineering team. Last companies were retail personalization platform RichRelevace and Logitech. After relocating to Armenia from San Francisco in 2017, Asti became the manager of growth in Hive funded startup 2Hz and was helping to build their first product - Krisp. Asti graduated from Yerevan State University with a B.S. in Computer Science. She is very passionate about supporting women in engineering and entrepreneurship and was one of the organizers of Hyetech Women and Geek Girls Dinners - Yerevan.

Alex Kablanian

Alex Kablanian

Alex is an Investment Associate at HIVE Ventures. Alex is also part of a rotational program at Apple, where he has worked as a financial analyst for Apple’s Corporate Development, Worldwide Sales Finance, Corporate FP&A & Operations teams.
Alex graduated from the University of Southern California’s Marshall School of Business with a B.S. in Business Administration and a Minor in Computer Science. Upon graduation, Alex spent 6 months living in Armenia, working for the Central Bank of Armenia. He maintains a strong connection to the country & visits Yerevan annually.

Alex Kablanian