-85%

est. 2Y upside i

HealthcareSeries B

Marketplace for life science supplies.

Rank

#4292

Sector

Laboratory Software, Life Sciences Marketplace

Est. Liquidity

~3Y

Data Quality

Data: Medium

Quartzy presents a high-risk equity opportunity with a negative expected upside of -35.2%.

Last updated: March 10, 2026

Bull (7%)+150%

Quartzy successfully leverages its integrated marketplace and AI-powered features to significantly increase market share among academic and smaller research labs. Revenue accelerates to $40M-$50M, justifying a $125M-$150M valuation (2.5x-3x current) as it attracts a strategic acquirer looking for a strong foothold in lab management and supply.

Base (38%)+10%

Quartzy maintains its niche in lab management and supply, growing steadily but facing continued pressure from well-funded competitors like Benchling. Revenue reaches $20M-$25M, leading to a modest valuation increase to $55M-$60M, where common stock holders see limited returns due to the severe preference stack.

Bear (55%)-90%

Intense competition from Benchling and larger incumbents, combined with potential customer churn from the shift to paid subscriptions, causes growth to stall or decline. The company struggles to raise further capital, leading to a down round or acquisition below the $33.9M preference stack, resulting in common stock being effectively worthless.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

54%

Investors hold $33.9M in liquidation preferences. In an exit at the current $50M valuation, common shareholders would only see $16.1M distributed, assuming a 1x preference.

Dilution Risk

high

The last disclosed significant funding round was in 2016. Any future equity raise is likely to be highly dilutive, potentially at a flat or down valuation.

Secondary Liquidity

none

There is no indication of an active secondary market or tender offers for Quartzy shares.

Marketing — 2 roles

View all 2 open roles at Quartzy →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Quartzy's data — designed to show you've done your homework.

  • 1

    “Given the competitive landscape with well-funded players like Benchling, what is Quartzy's differentiated strategy to capture significant market share and accelerate growth over the next 2-3 years?”

  • 2

    “With the last disclosed funding round in 2016, how is Quartzy managing its capital efficiency and what is the plan for future funding or a liquidity event, particularly concerning the existing preference stack?”

  • 3

    “How does Quartzy plan to balance its hybrid revenue model (free/paid platform and marketplace commissions) to ensure sustainable growth and profitability, especially in light of academic institutions negotiating free subscriptions?”

Community

Valuation Sentiment

Our model estimates -85% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.