Quartix

Company Overview

Snapshot

Founded in April 2016 by Dror Polak and Noam Mani, Quartix operates with 11–50 employees. The company has secured funding across two rounds, with SR Alternative Credit participating as a lead investor. In November 2023, Quartix received an additional $15 million in funding to advance its supply chain finance solutions.

Business overview

Quartix is a data- and technology-driven alternative lender specializing in supply chain financing for small and medium-sized enterprise (SME) suppliers in the United States and Canada. The company's solution is tailored for U.S. buyers with annual turnovers ranging from $25 million to $500 million. Operating within the Fintech & Insurtech sector, Quartix focuses on lending and financing, leveraging its cloud-based platform to streamline supply chain management.

Strategic signal

In November 2023, Quartix secured an additional $15 million in funding, a significant development that underscores investor confidence in its approach to supply chain finance. This capital infusion, led by SR Alternative Credit, signals a strong validation of Quartix's technology and business model, positioning the company for accelerated growth and further disruption within the Fintech and supply chain management sectors. For investors, this indicates a clear path towards expanding its market reach and enhancing its platform capabilities.

Company Intelligence Q&A

What is Quartix's primary focus?

Quartix is a data- and technology-driven alternative lender that provides supply chain financing to SME suppliers in the United States and Canada.

When was Quartix founded and by whom?

Quartix was founded in April 2016 by Dror Polak and Noam Mani.

What was a key funding event for Quartix in late 2023?

In November 2023, Quartix secured an additional $15 million in funding, with SR Alternative Credit participating as a lead investor, to further develop its supply chain finance solutions.

Which markets does Quartix primarily serve?

Quartix's solution is tailored for U.S. buyers with $25 million to $500 million in turnover, operating in the United States and Canada.

What is Quartix's employee count?

Quartix currently operates with 11–50 employees.