Canalyst
2024 Revenue
$3.9M
Customers
500
Funding
$91.7M
YOY
53.5%
Avg ACV
$7.8K
Team
34
Founded
2015
How Canalyst CEO Damir Hot grew Canalyst to $3.9M revenue and 500 customers in 2024.
Provider of a cloud-based platform designed to modernize the equity research function on both the buy-side and sell-side. The company's platform features unlocked Excel models with verified historical financials along with complete operating and segment data and also offers annotated anomalies such as restatements, major financings and segmentation changes, enabling clients to save time in their research process and generate better investment ideas.
Last updated
Canalyst Revenue
In 2024, Canalyst's revenue reached $3.9M. The company previously reported $2.5M in 2023. Since its launch in 2015, Canalyst has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Canalyst Hit $3.9m revenue in October 2024 | |
| 2023 | Canalyst Hit $2.5m revenue in November 2023 | |
| 2021 | Canalyst Hit $3.5m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Canalyst Valuation, Funding Rounds
Canalyst has not publicly disclosed its valuation. The company has raised $91.7M in total funding to date.
Canalyst has raised $91.7M in total funding across 4 rounds, most recently a $70M Series C round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Series C | $70M | - | - | |
| 2020 | Series B | $16.6M | - | - | |
| 2017 | Series A | $2.9M | - | - | |
| 2016 | Seed Round | $2.2M | - | - |
Canalyst Employees & Team Size
Canalyst employs approximately 34 people as of 2026, down from 60 in 2023, including 16 sales reps that carry a quota. It serves 500 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 34 employees (October 2024) |
| 2023 | Reached 60 employees (November 2023) |
| 2022 | Reached 172 employees (November 2022) |
| 2022 | Reached 172 employees (January 2022) |
| 2021 | Reached 146 employees (November 2021) |
| 2021 | Reached 146 employees (April 2021) |
Founder / CEO
Damir Hot
Damir Hot is the CEO & Founder at Canalyst. Additionally, Damir Hot has had 1 past job as the Transition Consultant at Splunk.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Canalyst acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Canalyst
What is Canalyst's revenue?
Canalyst generates $3.9M in revenue.
Who founded Canalyst?
Canalyst was founded by Damir Hot.
Who is the CEO of Canalyst?
The CEO of Canalyst is Damir Hot.
How much funding does Canalyst have?
Canalyst raised $91.7M.
How many employees does Canalyst have?
Canalyst has 34 employees.
Where is Canalyst headquarters?
Canalyst is headquartered in New York, British Columbia, Canada.
People Also Viewed
NextME
NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631
Filtered.ai
Filtered uses performance data to maximize the quality of your current and future workforce.
Headway Essex
Headway Essex is a charity that supports people living with acquired brain injury, ensuring they can live a fulfilling life.
Digital Horizon
Digital Horizon is a VC firm focused on backing exceptional entrepreneurs building B2B software-based solutions and marketplaces. With a presence in London, Tel Aviv and Moscow, Digital Horizon aims to seek out early-stage technology companies with the ultimate goal to assist them in building and scaling their business.
Trefis
Provider of a business analysis technology. The company provides a data analytics technology for investors and decision-makers in business that allows users to share, use, and collaborate on analysis.
Liquid Logics
Liquid Logics, a True cloud-based SaaS Full Cycle Lending Software Solution for the residential Mortgage banking Industry. Based in the greater Kansas City area, Liquid Logics developed a full cycle Loan creation, Automated Underwriting and Mortgage Brief Case empowering borrower transparency and direct control of the loan process, changing their experience the way Travelocity did to the travel market. Liquid Logics unlike other legacy Loan Origination System who promise future roadmaps for online systems, provides today, online secure products that are focused on allowing consumers and lenders to effectively self-manage the flow of information and bi-directional direct communication between all interested parties of the transaction on all platform mobile, PC or tablets. The suite of products will provide real efficiency and profitability while gaining a competitive advantage. For more information please visit liquidlogics.com or contact us directly at 816-295-6240
Compare Canalyst to the industry
Canalyst operates across multiple industries. Browse revenue, funding, and growth data for Canalyst in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
Data Disclaimer
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profile