Utorg

company

About

Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver a unique user experience.

Details

Last Funding Type
Seed
Last Funding Money Raised
$5M
Industries
Blockchain,Cryptocurrency,Financial Services,FinTech,Mobile Payments
Founded date
Oct 1, 2020
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Utorg OÜ

Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver а top-notch user experience. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against fiat currency, virtual currency wallet service, and exchanging virtual currency against a virtual currency.

Utorg was founded in 2020 and is based in Tallinn, Estonia.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$5M
Utorg has raised a total of $5M in funding over 2 rounds. Their latest funding was raised on Dec 16, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 16, 2022 Seed $5M 3 Dragonfly
hypra.fund
TA Ventures
— Detail

Investments

Number of Investments
Number of Lead Investments
2
1
Utorg has made 2 investments. Their most recent investment was on Jul 25, 2021, when Puma Browser raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 25, 2021 Puma Browser
Seed — Blockchain —
Oct 24, 2018 Elixxir
Seed $8.50M Blockchain Yes

Investors

Number of Lead Investors
Number of Investors
3
3
Utorg is funded by 3 investors. Dragonfly and hypra.fund are the most recent investors.
Investor Name Lead Investor Funding Round
Dragonfly Yes Seed
hypra.fund Yes Seed
TA Ventures Yes Seed

Employee Profiles

Number of Employee Profiles
3
Utorg has 3 current employee profiles, including Executive Artem Barannyk
Executive
Executive
Executive