FundedIQ
Financial Services

Utorg: Funding, Investors & Team (Sep 2026)

UTORG is a FinTech company that offers а modern fiat to crypto exchange 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 a fiat currency, virtual currency wallet service, exchanging a virtual currency against a virtual currency. UTORG OÜ has PCI DSS Level 2 certification. The management Team of UTORG has an impressive longstanding experience in distributed ledger technologies, smart contracts, cyber-security, finance, banking, credit card processing, cryptocurrency market and e-commerce services. It helps us to satisfy the most challenging client needs.

utorg.pro LinkedIn Tallinn, Estonia 11-50 employees
Blockchain Cryptocurrency Financial Services FinTech Mobile Payments B2C
Total raised
$5.0M
Rounds
1
Latest
Seed
Dec 2022

Utorg has raised $5.0M across 1 funding round on record, the most recent a Seed of $5.0M announced in Dec 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Utorg Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$5.0M in Dec 2022
Employees
11-50
reported band
Headquarters
Tallinn, Estonia

Latest funding round on record: Dec 2022.

Utorg Funding Rounds

Date
Round
Amount
Seed
$5.0M

Utorg Founders and Leadership Team

Name
Role
Contact
Eugene Petrakov
Founder

No contact details are on record for this team yet.

Utorg Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
221
$1.9M
16,664
$3.1M

Utorg's latest round of $5.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Utorg in Financial Services and Tallinn

Companies Similar to Utorg

Utorg Funding FAQs

What does Utorg do?

UTORG is a FinTech company that offers а modern fiat to crypto exchange 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 a fiat currency, virtual currency wallet service, exchanging a virtual currency against a virtual currency. UTORG OÜ has PCI DSS Level 2 certification. The management Team of UTORG has an impressive longstanding experience in distributed ledger technologies, smart contracts, cyber-security, finance, banking, credit card processing, cryptocurrency market and e-commerce services. It helps us to satisfy the most challenging client needs.

How much funding has Utorg raised?

Utorg has raised $5.0M across 1 round on record. The most recent is a Seed of $5.0M announced in Dec 2022.

When did Utorg last raise funding?

Utorg's most recent funding round on record is a Seed of $5.0M, announced in Dec 2022.

Who founded Utorg?

FundedIQ lists Eugene Petrakov (Founder) at Utorg.

Where is Utorg headquartered?

Utorg is based in Tallinn, Harjumaa, Estonia.

How many employees does Utorg have?

Utorg is in the 11-50 employee band.

How does Utorg's funding compare to other Financial Services startups?

Utorg's latest round of $5.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Utorg Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Utorg is left off this page rather than filled in.

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