About Canalyst
Canalyst is a Technology company based in Vancouver (Canada) founded in 2015, and was acquired by Tegus in August 2022. Canadian company filings are organized into downloadable Excel models. Canalyst has raised $86.5 million across 4 funding rounds from investors including CPP Investments, Tegus and Dragoneer. Canalyst offers products and services including Canalyst Platform, Fundamental Models, and APIs. Its focus areas include FinTech, Investment Tech, Financial Databases and Company Filings Data.
Company details
Canalyst was founded in 2015 in Vancouver, Canada, as an equity research platform in the financial technology sector. Unstructured data from public company filings is processed and structured into functional Excel models for analysts and portfolio managers. An online database is maintained, providing access to models covering all Canadian equities. Operations focus on data organization to support investment research across the region.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website canalyst.com
- Social LinkedIn X YouTube
- Acquired by Tegus (Aug 2022)
- Total Equity Funding$86.5M (USD)
in 4 rounds
- Latest Funding Round$70M (USD), Series C
Jan 2022
- InvestorsCPP Investments
& 7 more
- Acquired byTegus
(Aug 2022)
Products & Services of Canalyst
Canalyst offers a comprehensive portfolio of products and services, including Canalyst Platform, Fundamental Models, and APIs.
Provides access to financial models and APIs for investment analysis
Delivers updated financial models for uncovering investment opportunities
Enables data integration for research and analysis workflows
Apps and channels of Canalyst
its YouTube channel AlphaSense has 3.58K subscribers and 30 videos.
Videos from Canalyst
The most watched videos on Canalyst's YouTube channel, AlphaSense (3.58K subscribers). Click a video to play it here.
More on AlphaSense.
Funding Insights of Canalyst
Canalyst has successfully raised a total of $86.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $86.5M
- Total Rounds 4
- Last Round Series C — $70M
- First Round $2.7M
(Aug 2016)
- Investors Count 7
All 4 funding rounds of Canalyst with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $70M | Series C | – | Dragoneer Investment Group | |
| Jan 2020 | $13.8M | Series B | – | ScaleUP Ventures | |
| Jun 2017 | Seed | – | – | ||
| Aug 2016 | $2.7M | Seed | – | Vanedge Capital | – |
8 investors in total: 8 institutional.
Investors in Canalyst
Canalyst has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CPP Investments, Tegus and Dragoneer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Venture capital firm investing in multiple sectors | highsage.com | Boston, United States | ||
Early-stage venture capital is invested in US and Canadian companies. | vanedgecapital.com | Vancouver, Canada | ||
ScaleUP Ventures is focused on early-stage technology investments. | 2016 | suv.vc | Toronto, Canada | |
Venture capital fund and fund of funds focused on the United States-based startups and funds | worldquantventures.com | Greenwich, United States | ||
Pension fund assets are managed for sustainable long-term growth. | 1997 | cppinvestments.com | Toronto, Canada | |
Manages alternative assets for institutions and individuals through investment funds globally. | 2018 | altafoxcapital.com | Fort Worth, United States | |
Intelligence platform is offered to institutional investors and companies. | 2017 | tegus.com | Chicago, United States |
Investor details for Canalyst
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Canalyst
9 people are tracked at Canalyst (4 in leadership, 1 in board & advisors, 4 in team).
| Name | Role | Group |
|---|---|---|
Stuart Ryan | VP, Sales | Leadership |
Won Ng | COO | Leadership |
Damir Hot | CEO | Leadership |
Spencer Brawner | Director, Information Security | Leadership |
V. Paul Lee | Director | Board & advisors |
Emily Lin | Production Data Management Project Leader | Team |
Ethan Chou | Software Engineer Co-op | Team |
Sung-Yong Kim | Junior IT System Administrator | Team |
BANI A. | Client Support Specialist | Team |
Complete people profiles for Canalyst
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Canalyst
4 dated milestones of Canalyst across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Canalyst is founded.
- Funding First funding round of $2.7M.
- Funding Latest funding round, Series C, of $70.0M.
- Exit Acquired by Tegus.
Web traffic of Canalyst
The website of Canalyst (canalyst.com) receives about 8.1K visits a month.
- Monthly visits8.1K
▲ 7.3% vs previous month
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Related news about Canalyst
Complete news archive for Canalyst
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Frequently Asked Questions about Canalyst
Canalyst was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Canalyst is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Canalyst is a funded company, having raised a total of $86.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Aug 2016.
Canalyst was founded in 2015 in Vancouver, Canada, as an equity research platform in the financial technology sector. Unstructured data from public company filings is processed and structured into functional Excel models for analysts and portfolio managers. An online database is maintained, providing access to models covering all Canadian equities. Operations focus on data organization to support investment research across the region.
Canalyst offers Canalyst Platform, Fundamental Models, and APIs.
Canalyst has 8 investors. Key investors include CPP Investments, Tegus, Dragoneer, Alta Fox Capital, and HighSage.
Yes. Canalyst was acquired by Tegus in August 2022.