Canalyst

Canalyst in connection with its $2.7 million seed financing

Client

Canalyst

Value

$2.7 million

Service

Emerging and High Growth Companies

Date Closed

August 2016

Industry

FinTech

Lead Office

Vancouver


 

On August 29, 2016, Canalyst announced the closing of its oversubscribed $2.7 million seed financing led by Vanedge Capital. Canalyst will use the funding to expand its coverage universe and platform capabilities.

Canalyst, headquartered in Vancouver, British Columbia, is a fast-growing FinTech company serving both the sellside and buyside of the financial industry. Their equity research platform helps analysts and portfolio managers save time in their research and increase efficiency.

Vanedge Capital, headquartered in Vancouver, British Columbia is a venture capital fund focused on investments in enterprise software, IT security, and digital media businesses.

Osler, Hoskin & Harcourt LLP represented Canalyst with a team consisting of Justin Young, Jacques Duplessis and Laura Webb (Corporate).


Team
Justin D. Young
Key Contact

Justin D. Young

Partner, Emerging and High Growth Companies

Jacques Du Plessis

Jacques Du Plessis

Associate, Emerging and High Growth Companies

Laura Webb

Laura Webb

Associate, Emerging and High Growth Companies