Tech Company Financing Transactions
Utorg Funding Round
Utorg, based in Tallinn, Harju County, raised $5 million from Dragonfly Capital, hypra.fund and TA Venture.
Transaction Overview
Company Name
Announced On
12/16/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Proceeds Purpose
The seed funds will allow Utorg to bring in more IP licences, add to its headcount and look at new revenue generation channels.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Roosikrantsi tn 2-1068 Kesklinna linnaosa, Harju maakond
Tallinn, Harju County, 10119
Estonia
Tallinn, Harju County, 10119
Estonia
Phone
Undisclosed
Website
Email Address
Overview
UTORG is a FinTech company that offers ? modern fiat to crypto exchange infrastructure to deliver ? 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 a fiat currency, virtual currency wallet service, exchanging a virtual currency against a virtual currency. UTORG OÜ has PCI DSS Level 2 certification.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eugene Petrakov
Chief Financial Officer
Artem Barannyk
Chief Operating Officer
Daniel Stolberg
Chief Technical Officer
Sam Krew
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