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Quartr secures $6M
October 10, 2024·2 min read

Joy Laoun

News Editor, Vestbee

Stockholm-based Quartr secures $6M from Altos Ventures

Stockholm-based startup Quartr, which streamlines access to public company financial data for investors and professionals, has secured $6 million in funding led by Atlos Ventures to boost product development and transform qualitative research in finance.

  • Founded in 2020 by Sami Osman, Oscar Küntzel, David Dag, Oliver Hamrin, and August Nordström, Quartr streamlines access to financial data, bringing transparency and ease to the financial community.
  • Quartr offers seamless tools for investors, professionals, and journalists, facilitating efficient research and real-time access to data from over 10,000 public companies. With its mobile app, web app, embeddable player, and API, users can easily stream live earnings calls and retrieve essential financial reports and documents.

Details of the deal

  • The funding round was led by Altos Ventures, a Silicon Valley-based venture capital firm that invests in early to growth-stage technology companies across consumer and enterprise sectors.

"We're 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," Partner Altos Ventures, Dillon Krasnigor, stated.

  • Quartr will use the $6 million investment to enhance its product capabilities and expand its global presence in the financial services sector.

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,” Claims Oscar Küntzel, Co-founder and CEO at Quartr.

 

Deals#News#Sweden

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