Investment for Public Business Information Firm Quartr

Stockholm-based software and data firm Quartr, specialist in qual public market research for finance and investor relations professionals, has closed a $6m investment from Altos Ventures.

Founded in 2020, Quartr provides global customers with easy access to first-party information from more than 10,000 public companies. Its products include Quartr Pro, a desktop research platform used by hedge funds, asset managers, equity research departments and IR professionals; and a free mobile app and an API solution, enabling third parties to build custom solutions based on its data, which includes live earnings calls and other IR data.

The company intends to use the funds to expand operations and development efforts, to accelerate its market share growth.

San Francisco-based VC firm Altos takes 'an uncommonly patient approach to building companies over the long term', a level of commitment which appealed to Quartr. Altos will take a seat on the board of Quartr, whose co-founder and CEO Oscar Küuntzel comments: 'We're very excited to partner with such a respected firm like Altos. This validates our vision and gives us a perfect partner for the long term. The capital enables us to further accelerate our growth and continue transforming how finance and IR professionals conduct qualitative public market research'.

Web site: www.quartr.com .

Pictured L to R: Altos' Ho Nam, Quartr's Oscar Küntzel, Altos' Dillon Krasnigor

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.