Quartzy

Quartzy

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $18M

Overview

Quartzy is a private, revenue-generating company founded in 2010 that operates a SaaS platform for laboratory management. Its core value proposition is digitizing and simplifying the unique workflows of research labs, from inventory tracking to ordering and compliance. The platform consolidates access to millions of products and integrates with numerous applications, targeting improved operational efficiency and cost savings for its customers. Key clients include major academic and research institutions like Memorial Sloan Kettering, UCLA, and Boston Children's Hospital.

Digital Health

Technology Platform

Cloud-based SaaS platform integrating lab inventory management, procurement workflow, and an e-commerce marketplace for scientific supplies.

Funding History

2
Total raised:$18M
Series A$17M
Seed$1M

Opportunities

The global push for digital lab operations and cost consolidation in R&D presents a large, growing market.
Quartzy can leverage its aggregated spend data to offer advanced analytics and procurement insights, creating new value-added services.
Expansion into adjacent research-intensive industries beyond biotech and academia offers further growth potential.

Risk Factors

Competition from broader procurement software and expanding ELN/LIMS platforms threatens market share.
Sales cycles for large enterprise deals are long and complex.
The platform's value is tied to supplier relationships; any degradation in catalog breadth or data quality could reduce utility.

Competitive Landscape

Quartzy competes with generic procurement software (e.g., Coupa, SAP Ariba), scientific data management platforms that add inventory features (e.g., Benchling, BioBright), and legacy inventory specialists. Its differentiation is a dedicated, user-friendly platform built specifically for the lab workflow, combined with a integrated product marketplace.