Quartr Secures €5.4 Million Investment from Altos Ventures to Transform Qualitative Public Market Research

Stockholm, Sweden – Quartr, a pioneering software and data provider revolutionizing qualitative public market research for finance and investor relations (IR) professionals, has successfully secured €5.4 million in investment from Altos Ventures.

Altos Ventures, a distinguished San Francisco-based venture capital firm, is renowned for its patient approach to nurturing companies over the long term. The firm has a notable history as an early investor and major stakeholder in successful companies like Roblox and Coupang.

Quartr selected Altos as a partner due to their shared commitment to long-term growth, Altos’ impressive track record, and the strong personal chemistry between their team and Quartr’s founders. This investment will accelerate Quartr’s growth in the multi-billion-dollar financial services sector. Additionally, Altos will join Quartr’s board, facilitating deeper collaboration and strategic engagement.

Since its inception in 2020, Quartr has emerged as one of the largest distributors of investor relations materials globally. The company provides a free mobile app, a research platform optimized for desktop use, and an API. Quartr Pro, their flagship product, has rapidly become an essential tool for some of the world’s largest hedge funds, asset managers, and equity research departments, as well as the IR and corporate strategy teams of numerous Fortune 500 companies.

“We’re thrilled to partner with such a respected firm as Altos,” said Oscar Küntzel, co-founder and CEO of Quartr. “This partnership validates our vision and provides us with an ideal long-term ally. The investment will enable us to accelerate our growth and continue transforming the way finance and IR professionals conduct qualitative public market research.”

“We are eager to collaborate with the Quartr team on this exciting journey ahead,” stated Dillon Krasnigor, partner at Altos Ventures. “Having initially used Quartr’s services, we are now proud investors, believing that the company is developing a critical tool for finance and investor relations professionals worldwide.”

Ho Nam, co-founder and general partner at Altos, added, “After meeting the Quartr team, we were excited to discover the significant philosophical alignment between our companies. Quartr is dedicated to building a sustainable, enduring business focused on long-term success, with a unique understanding of the qualitative aspects essential for creating a meaningful global impact.”

Recognized as one of Fast Company’s Most Innovative Companies in personal finance for 2024, Quartr is at the forefront of transforming qualitative public market research, poised to redefine the standards in the finance and investor relations sectors.