• Founding date

    01/2019

  • Headquarter

    Poland, Gdansk

  • Current project stage

    Startup

  • Product type

    Software

  • Sector

    AI, Data & Analytics, FinTech, IT

  • Investment Ticket (USD)

    600 000

  • Investment type

    Venture Capital, Corporate Venture Capital, Private Equity, Investment banking, Public grant, Business Angel

  • Investment round

    Pre-A

  • Business Model

    B2C, B2B

  • Source of current funding

    Founders, Accelerator / Incubator, VC fund

Upswot

Upswot provides on Lender’s premises the loan onboarding product for SME and Self-employed (SE), with automated underwriting (in less than 60 seconds), and continuous credit re-assessment, based on the data from public registries and cloud- & non-cloud business systems SME & SE use. Technology saves a lot of time for SME & SE by automating reporting to the Lender after the loan is approved. The reports which Upswot also analyzes in less than a minute. Upswot streamlines onboarding and loan digital journey. SME can apply for a loan by sharing the data in several clicks online. Lenders get paperless processes, automated underwriting, and ongoing tracking. Upswot increases acceptance rate by up to 25%, and cross-sell rates by up to 15%.

Annual Revenue (USD)

Pre-revenue

MRR - Monthly recurring revenue (USD)

Pre-revenue

Funding spent to date (USD)

150 000