Summary
Quartr, an AI infrastructure provider for institutional finance and company research, raised $18 million led by Altos Ventures with new investor SEB participating. The round makes Altos Quartr's largest shareholder and funds faster product development and broader first-party investor relations data coverage. Quartr provides real-time, structured IR data from live public company events via two products — Quartr Pro (an AI research platform for hedge funds, asset managers, and IR professionals) and Quartr API (data infrastructure for companies and developers). It's growing at triple-digit rates with ~120% net revenue retention.
Key Points
- $18M raise led by Altos Ventures; SEB (new investor) participating; Altos becomes largest shareholder
- Provides real-time, structured investor relations data from live public company events
- Products: Quartr Pro (AI research platform) and Quartr API (data infrastructure)
- Customers: hedge funds, asset managers, equity researchers, IR professionals, tech companies
- 800+ financial institutions and technology businesses use its products
- Growing at triple-digit rates; ~120% Net Revenue Retention
- Funding for faster product development and broader global first-party IR data coverage
- Positioned within a financial information market shifting to machine-readable, first-party data
- SEB participation signals institutional interest in AI-financial-data infrastructure