What is Quartzy?
Quartzy operates as a comprehensive cloud-based platform designed to empower scientific research teams. Its core functionality revolves around organizing inventory, managing lab supplies, and streamlining procurement workflows. By providing robust tools for tracking materials, facilitating product ordering, and coordinating lab operations through a centralized digital system, Quartzy enhances laboratory efficiency. The platform further distinguishes itself by connecting users directly with suppliers via an integrated marketplace for laboratory goods and research materials, simplifying the acquisition process for essential scientific resources.
How much funding has Quartzy raised?
Quartzy has raised a total of $52.8M across 6 funding rounds:
Other Financing Round
$1.2M
Unspecified
$6.6M
Series A
$4M
Series B
$17M
Debt
$1M
Other Financing Round
$23M
Other Financing Round (2012): $1.2M with participation from Y Combinator, Paul Buchheit, Benjamin Ling, Life Sciences Angel Network, reinmkr capital, Lerer Hippeau Ventures, Silicon Badia, and Science House Capital
Unspecified (2013): $6.6M, investors not publicly disclosed
Series A (2013): $4M supported by Lerer Hippeau Ventures and Khosla Ventures
Series B (2016): $17M featuring A Capital, Y Combinator, Khosla Ventures, and Eminence Capital
Debt (2020): $1M backed by PPP
Other Financing Round (2026): $23M with participation from BroadOak Capital Partners and Avenue Capital Group
Key Investors in Quartzy
A Capital
A Capital is an investment firm that has participated in Quartzy's Series B funding round. Their involvement suggests a focus on companies with established business models and significant growth potential.
Y Combinator
Y Combinator, a renowned accelerator program, has backed Quartzy multiple times, indicating their early belief in the company's potential and their role in nurturing early-stage ventures.
Khosla Ventures
Khosla Ventures, known for investing in breakthrough technologies, has provided capital for Quartzy's Series A and Series B rounds, highlighting their strategic interest in innovative enterprise solutions.
What's next for Quartzy?
The recent major strategic investment in Quartzy signals a pivotal moment for the company, likely indicating a transition into a scaling phase. This substantial backing suggests a strategic focus on expanding market reach, enhancing platform capabilities, and potentially exploring new verticals within the life sciences and research industries. Quartzy's ability to attract significant capital, particularly in its later funding rounds, points to strong market validation and a clear path toward sustained growth and industry leadership in laboratory management solutions.
See full Quartzy company page
