About Upswot
Upswot is a Financial Services company based in Warsaw (Poland) founded in 2018 by Andrey Davydchuk and Dmitriy Norenko, and was acquired by UPTIQ in December 2024. White-label loan onboarding and monitoring platform is provided. Upswot has raised $4.3 million across 1 funding round from investors including UPTIQ, First Southern National Bank and CFV Ventures. Its chief executive, as recorded, is Dmitriy Norenko. Upswot offers products and services including upSWOT Fl View and upSWOT Business View. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Origination. Its legal entity is upSWOT Inc.
Company details
Upswot was established in 2018 in Warsaw, Poland, within the fintech sector. A white-label platform for loan onboarding is operated, encompassing underwriting, automated reporting, and ongoing event monitoring. Data is drawn from public registries, on-premise and cloud-based accountancy, e-wallets, ERP, CRM, and e-commerce systems. Following approval, borrower business performance is tracked, with notifications issued to lender departments as needed.
- Headquarters Warsaw, Poland
- Founders Andrey Davydchuk, Dmitriy Norenko
- Stage Acquired
- SectorsFinancial Services
- Website upswot.com
- Social LinkedIn X Facebook
- Acquired by UPTIQ (Dec 2024)
- Legal Name Upswot Inc
Products & Services of Upswot
Upswot offers a comprehensive portfolio of products and services, including upSWOT Fl View and upSWOT Business View.
Delivers actionable insights for digital banking and risk assessment.
Simplifies data from applications to improve performance and decision-making.
Funding Insights of Upswot
Upswot has successfully raised a total of $4.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.3 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.3M
- Total Rounds 1
- Last Round Seed — $4.3M
- First Round $4.3M
(Mar 2021)
- Investors Count 4
All 1 funding rounds of Upswot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $4.3M | Seed | – | Common Ocean |
5 investors in total: 5 institutional.
Investors in Upswot
Upswot has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include UPTIQ, First Southern National Bank and CFV Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fintechvc.us | ||||
Early-stage technology companies are supported through venture capital investments. | speedupgroup.com | Poznań, Poland | ||
Common Ocean is engaged as a hybrid venture capital firm. | commonocean.co | New York, United States | ||
Commercial bank | 1982 | fsnb.net | Danville, United States | |
Provider of no-code AI agent solutions for financial services | 2022 | uptiq.ai | Dallas, United States |
Investor details for Upswot
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Upswot
13 people are tracked at Upswot (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Andrey Davydchuk | Founder & CTO | Leadership |
Dmitriy Norenko | Founder & CEO | Leadership |
Serhii Natochii | Director Of Product Development | Leadership |
Dmitry Norenko | CEO | Leadership |
Armi Movsesyan-Susanyan | VP of FI Success | Leadership |
Victor Martinovich | Product Director | Leadership |
Romana Boichuk | QA Specialist | Team |
Maksym Fedorenko | Team Lead, Software Engineer | Team |
Vitalii Sorochan | CLO | Team |
Nazar Yavorskiy | Software Engineer | Team |
Oleksandr Savchuk | Software Development Engineer | Team |
Andrii Slobodeniuk | Business System Analyst | Team |
Michael Dovhalov | Software Engineer | Team |
Complete people profiles for Upswot
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Upswot
3 dated milestones of Upswot across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Upswot is founded.
- Funding First funding round of $4.3M.
- Exit Acquired by UPTIQ.
Web traffic of Upswot
The website of Upswot (upswot.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 137.9% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Upswot
Complete news archive for Upswot
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Upswot
Upswot was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Upswot is headquartered in Warsaw, Poland.
Dmitriy Norenko is the CEO of Upswot, as recorded in our data. They have also founded this company.
Upswot is a funded company, having raised a total of $4.3M across 1 funding round to date. The company's 1st funding round was a Seed of $4.3M, raised on Mar 2021.
Upswot was established in 2018 in Warsaw, Poland, within the fintech sector. A white-label platform for loan onboarding is operated, encompassing underwriting, automated reporting, and ongoing event monitoring. Data is drawn from public registries, on-premise and cloud-based accountancy, e-wallets, ERP, CRM, and e-commerce systems. Following approval, borrower business performance is tracked, with notifications issued to lender departments as needed.
Upswot offers upSWOT Fl View and upSWOT Business View.
Upswot has 5 investors. Key investors include UPTIQ, First Southern National Bank, CFV Ventures, SpeedUp Venture Capital, and Common Ocean.
Upswot operates through Upswot Inc.
Yes. Upswot was acquired by UPTIQ in December 2024.