Canalyst

Canalyst in its US$70 million Series C financing round

Client

Canalyst

Value

US$70 million

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

Technology

Lead Office

Vancouver

 

Canalyst completed its US$70 million Series C financing round led by Dragoneer Investment Group. Canada Pension Plan Investment Board (CPP Investments) and Alta Fox Capital also participated, along with existing investors HighSage Ventures, Vanedge Capital, and ScaleUP Ventures. This funding will allow Canalyst to double its global headcount this year to further invest in product development and delivery, global expansion, and customer support.

Canalyst is a Vancouver-based financial data and analytics startup that combines software with human expertise to create the most accurate and detailed financial and KPI data on global public companies.

Osler, Hoskin & Harcourt LLP advised Canalyst with a team consisting of Justin Young, Justin Dharamdial, Tara Folk, Janice To and Sylvia Rowat (Emerging & High Growth Companies).