Funds for Public Company Information Platform Quartr

Financial sector qualitative data platform Quartr has raised $10m in a funding round, earmarked for international expansion and further product development.

Quartr provides 'structured, reliable' access to first-party data from public companies, and boasts as clients three of the world's five largest hedge funds by AUM. The firm's product suite includes Quartr API, which allows clients to build custom solutions with live earnings call and transcription technology alongside a global database of IR materials; desktop platform Quartr Pro, which enhances qual public MR for financial sector professionals; and a free mobile research app.

Quartr has offices in New York and Dublin, and says it wants to establish further local presence to improve client service and tap local talent polls in tech and sales.

The round was fully backed by existing investors Altos Ventures, Yanno Capital, and Öhman. Quartr co-founder and CEO Oscar Küntzel (pictured) comments: 'We're investing faster than planned because demand has shot way above our expectations. We're grabbing market share in a multi-billion dollar industry that's shifting fast, and the AI boom is only accelerating that. Our rapid growth, high retention metrics, and increasing average contract values are a direct reflection of the value we're delivering to the world's most sophisticated companies in finance and tech.'

Home page: www.quartr.com .

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