Quartr Raises $15M to Extend Its Global Leadership in First-Party IR Data
As Quartr keeps gaining share in a multi-billion dollar industry shifting fast toward AI, this raise will fund faster product development and continued coverage expansion.
NEW YORK & STOCKHOLM – Quartr, the world's leading first-party data layer for institutional finance and AI, today announced it has closed a $15 million funding round, led by existing investor Altos Ventures with participation from new investor SEB (publ.)
With this investment, Altos is now Quartr's largest shareholder, a clear signal of confidence in the company's products and long-term outlook. Oscar Küntzel, Co-founder and CEO of Quartr, sat down with Dillon Krasnigor, part of the investment team at Altos Ventures, to discuss the raise.
Quartr continues to grow at triple-digit rates with strong unit economics, including Net Revenue Retention around 120%. Its customer base includes some of the largest hedge funds, asset managers, and technology companies in the world.
About Quartr
Quartr is the AI infrastructure for company research, leading globally in coverage of live public company events. Structured, real-time IR data is delivered through two offerings: Quartr Pro, an AI research platform used by the world's leading hedge funds, asset managers, equity researchers, and IR professionals; and Quartr API, the data backbone for builders. More than 800 of the world's most demanding financial institutions and technology companies research and build on Quartr.
About Altos Ventures
Founded in 1996, Altos Ventures is a purpose-driven investment firm that partners with founders to build enduring, world-class businesses. The firm invests in early-stage companies with strong operating fundamentals, focusing on long-term value creation and efficient use of capital. Altos prefers visionary leaders with an ownership mentality and is known for an uncommon patience. For more information, visit www.altos.vc.
Media contact
Andres Sehr
Head of Marketing
andres.sehr@quartr.com
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