Quartzy, Inc.

Quartzy, based in the US, is a customizable lab management solution provider that enhances inventory tracking and streamlines procurement workflows for scientific organizations. Founded in 2009 in Hayward, US, Quartzy offers lab management solutions for inventory and procurement. The company was co-founded by Adam R and Jayant Kulkarni, who is also the current CEO. Quartzy has raised a total of USD 5 mn across its funding rounds, with the most recent round occurring on November 25, 2019, securing USD 5 mn in funding.

Quartzy's primary offerings revolve around comprehensive lab management solutions designed to enhance inventory tracking, streamline procurement workflows, and simplify lab supply purchasing. Their platform enables organizations to manage every aspect related to lab supplies, from ordering to delivery tracking, while providing access to a catalog of over 10 million products from trusted brands. Quartzy primarily serves biotechnology firms, contract research organizations (CROs), academic institutions, and testing laboratories, catering to a diverse client base that includes over 425,000 scientists. The platform's functionality allows users to integrate with thousands of applications, further optimizing their lab operations.

Quartzy operates mainly in North America and Europe, targeting markets where life sciences research and development are critical. Quartzy generates revenue through a subscription-based model, with clients paying for access to its lab management platform and associated services. Business transactions typically involve direct agreements between Quartzy and its clients, enabling customers to leverage the platform for their specific lab management needs. The pricing structure encompasses various tiers aligned with the scale of the organization and the number of users accessing the system.

Services provided include inventory management, procurement support, and access to extensive educational resources such as webinars and guides, enhancing user experience and driving customer engagement. Quartzy's commitment to facilitating efficient lab management is reflected in its strong customer support and reliability, solidifying its position in the life sciences sector. Quartzy plans to utilize the recent funding of USD 5 mn raised in November 2019 to enhance its platform by developing new features and expanding its product offerings. The company is focused on exploring opportunities in additional markets, including Asia and South America, with plans to enter these regions by the end of 2022.

The funding will support these initiatives, enabling Quartzy to further develop its lab management solutions and cater to a broader audience.