Quartzy Explained

Quartzy
Type:Private Company
Foundation:2011
Founder:Jayant Kulkarni
Adam Regelmann
Location City:Hayward, California
Key People:Jayant Kulkarni
CEO
Adam Regelmann
COO
Industry:Laboratory Software
Scientific Products Vendor
Services:Laboratory management services
Procurement services
Num Employees:60 Employees

Quartzy is an online lab management platform and scientific research supply marketplace. It is a startup company based in Hayward, California. Quartzy features include collaborative order requests and supply tracking for labs and research groups, inventory management tools, and product quotes for price comparisons. Quartzy is used by more than 200,000 scientists worldwide.[1] [2]

History

Founding (2011)

Quartzy[3] was co-founded in 2011 by Jayant Kulkarni and Adam Regelmann, who met at Columbia University as PhD students. Kulkarni and Regelmann remain at Quartzy as CEO and COO, respectively.

The Quartzy Shop (2018)

In early 2018, Quartzy officially launched its online marketplace known as the Quartzy Shop (formerly the Quartzy Catalog).[4] To date, the marketplace provides access to over three million[5] products and boasts a community of over 1,000 suppliers[6] from across the life science industry. Currently, only Quartzy users based in the United States can purchase through the Quartzy Shop.

Following the launch of the Quartzy Shop in 2018, the company expanded operations to a nearby Redwood City warehouse.[7] Calling this warehouse the Quartzy Fulfillment Center (or QFC), Quartzy has communicated plans to leverage this expansion, along with a future East Coast site, as sourcing centers for purchases made through its digital marketplace.

Awards

In 2008, while still in beta,[8] Quartzy received St. Louis' Washington University's Olin Cup, coming out on top of 44 other contestants which was the largest pool of competitors in the Olin Cup's twenty-two year history.[9]

In 2011, Quartzy won Business Insider's Startup 2011 competition.[10]

Fundraising

Quartzy has raised nearly $25 million[11] in total financing, including a Y Combinator-backed seed[12] round, and subsequent Series A[13] and Series B rounds.

External links

Notes and References

  1. Web site: Stanford Partners With Life Sciences Marketplace Quartzy For Campus Lab Supplies. Buhr. Sarah. TechCrunch. 2017-02-04.
  2. Perkel. Jeffrey M.. 2015-08-06. Lab-inventory management: Time to take stock. Nature. en. 524. 7563. 125–126. 10.1038/524125a. free.
  3. Web site: Quartzy.com Adds 3 Major Suppliers to Support Scientific Research. Quartzy.com. www.prnewswire.com. en. 2017-02-04.
  4. Web site: Quartzy Launches Extensive Online Product Catalog of Over 2 Million Lab Supplies From More than 600 Manufacturers. BioSpace.com. biospace.com. en. 2018-05-09.
  5. Web site: Quartzy Opens Second Distribution Warehouse, Expanding Options To Serve Software Customers. Proffitt. Allison. Bio-IT World. 2018-08-10.
  6. Web site: Quartzy Signs On OriGene, Advansta and Jackson ImmunoResearch to Expand Access to Key Lab Supplies. GlobeNewswire. globenewswire.com. en. 2018-05-09.
  7. Web site: Quartzy Fulfillment Center: Fast Shipping means Efficient Research. Quartzy.com. blog.quartzy.com. en. 2018-05-09.
  8. Web site: Medical Technology Dominates at the Olin Cup. Kolodny. Lora. The New York Times. 2018-05-30.
  9. Web site: Quartzy wins Olin Cup, $50,000. St. Louis Business Journal. St. Louis Business Journal. 2018-05-30.
  10. Web site: Congratulations To Quartzy, Our Startup 2011 Winner!. Shontell. Alyson. Business Insider. 2018-05-30.
  11. Web site: Life Sciences Marketplace Quartzy Raises $17 Million To Build Up The Supply Side. Buhr. Sarah. TechCrunch. 2017-02-04.
  12. News: Quartzy Scores $1.2M To Help Life Scientists Stay Organized. Kolodny. Lora. WSJ. en-US. 2017-02-04.
  13. News: Quartzy Collects $4M To Help Scientists Manage Lab Inventory. Kolodny. Lora. WSJ. en-US. 2017-02-04.