Quartr raises $18M with Altos Ventures now its largest shareholder
What's the deal? QuartrDealroom has a profile for this one. Try Dealroom →, a Stockholm- and New York-based first-party data platform for institutional finance and AI, has closed an $18 million round. Existing investor Altos Ventures led, with new investor SEBDealroom has a profile for this one. Try Dealroom → participating.
Why now? Quartr says it keeps gaining share in a multi-billion-dollar industry shifting fast toward AI. The raise will fund faster product development and continued expansion of its coverage.
What's the endgame? The company delivers structured, real-time investor relations (IR) data through two products: Quartr Pro, an AI research platform used by hedge funds and asset managers, and Quartr API, a data backbone for builders. More than 800 financial institutions and technology companies use it.
With this round, Altos Ventures becomes Quartr's largest shareholder — what the company calls a signal of confidence in its long-term outlook. Founded in 1996, Altos backs early-stage companies with strong operating fundamentals.
By the numbers: Quartr says it is growing at triple-digit rates with net revenue retention of around 120%. Its customers include some of the world's largest hedge funds, asset managers, and technology companies.
The signal: As institutional finance moves toward AI-driven research, demand for clean, real-time company data is rising. Quartr's raise — and the entry of a major banking group like SEBDealroom has a profile for this one. Try Dealroom → — shows where investors expect that value to concentrate.
Image credit: Generated with Gemini
