Stockholm’s Quartr lands €15.6 million to expand its AI-ready public company IR data coverage
Quartr, the Stockholm-based company behind the world’s leading first-party data layer for institutional finance and AI, has closed an €15.6 million ($18 million) funding round to accelerate product development and widen its coverage of public company data worldwide. The round was led by existing backer Altos Ventures, with new investor SEB also participating. With this […] The post Stockholm’s…
Quartr, a Stockholm-based company specializing in AI-ready data for institutional finance, has raised €15.6 million ($18 million) in a funding round led by Altos Ventures. This investment will support product development and expand Quartr's global coverage of public company data, positioning it as a leader in an industry projected to be worth multi-billion euros.
The company says the additional capital will fuel its growth, with strong unit economics and net revenue retention of around 120%. Quartr's two core products, Quartr Pro and Quartr API, offer AI-powered research platforms and data feeds for hedge funds, asset managers, and technology companies. The funding will help Quartr maintain its edge in the rapidly evolving AI-driven financial data market.
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