Swedish start-up Quartr gains high-profile backers to modernize investor relations

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Swedish start-up Quartr gains high-profile backers to modernize investor relations
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Early stage start-up Quartr has backing from Ritholtz Wealth Management's Michael Batnick and a former Spotify executive.

A new start-up is attempting to modernize the investor relations industry to meet the surge of new retail investors.

The company, which has 23 employees, was founded in 2020 and launched its app earlier this year, CEO Sami Osman said. The company sees its customer base as both retail investors and the companies, who can use the app and how users interact with it to learn more about investor sentiment. "We want to bridge that gap where not everybody can buy terminals that can cost up to $30,000 a year, and we know there a lot of sophisticated retail investors who want to access this information," Osman said.

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