The people
What they build
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Working at Canalyst
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About
Canalyst was a Vancouver-based financial-data and equity-research SaaS company. Founded in 2015 by James Rife and Damir Hot, it combined software with human analysts to build and maintain detailed financial models covering thousands of public companies, sold to portfolio managers and other institutional investors. Tegus acquired Canalyst in 2022; the team and product became part of Tegus.
Backers
Series C of ~C$90M in early 2022 led by Dragoneer Investment Group, with CPP Investments, Alta Fox Capital, HighSage Ventures, ScaleUP Ventures and Vanedge Capital. Earlier support from Vancouver investors.
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Quick answers
What did Canalyst do?
It built and maintained detailed financial models and KPI data on thousands of public companies, sold to portfolio managers and other institutional investors so they could analyze companies faster.
Who founded Canalyst?
James Rife and Damir Hot, in Vancouver in 2015. Hot was CEO; Rife led research.
What happened to Canalyst?
Chicago-based Tegus acquired Canalyst in August 2022 in a deal reported above $400 million. The company's team and product became part of Tegus.