Quartr gains $6m from Altos Ventures to enhance global market research tools
Summary
Quartr, a prominent software and data provider, today announced the closing of a $6m investment from Altos Ventures.This funding marks a significant step in Quartrs mission to transform qualitative public market research for finance and investor relations professionals globally.The investment, led by the San Francisco-based venture capital firm Altos Ventures, aims to accelerate Quartrs growth within the multi-billion-dollar financial services sector.Founded in 2020, Quartr has quickly risen to become a key player in the distribution of investor relations material worldwide. The company offers a diverse range of products, including a free mobile app, a desktop research platform, and an API. Quartr Pro, its flagship offering, is now an essential tool used globally by major hedge funds, asset managers, and equity research teams, as well as IR and corporate strategy departments within several Fortune 500 companies.The new funding will be used to enhance Quartrs product capabilities and expand its global presence.Oscar K\xfcntzel, co-founder and CEO of Quartr, said, Were very excited to partner with such a respected firm like Altos. The capital enables us to further accelerate our growth and continue transforming how finance and IR professionals conduct qualitative public market research.Dillon Krasnigor, partner at Altos Ventures said, Were looking forward to partnering with the Quartr team for the long journey ahead. From initially being users to now proud investors, we believe the company is building a critical tool for all finance and investor relations professionals globally.Keep up with all the latest FinTech news here