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 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 | - | - |
Founder / CEO
Damir Hot
CEO
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
Canalyst serves 500 customers.
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) |
Frequently Asked Questions about Canalyst
What is Canalyst's revenue?
Canalyst generates an estimated $3.9M in annual 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 across 4 rounds.
How many employees does Canalyst have?
Canalyst has 34 employees.
Where is Canalyst headquarters?
Canalyst is headquartered in New York, British Columbia, Canada.
Compare Canalyst to the industry
Canalyst operates across multiple industries. Browse revenue, funding, and growth data for Canalyst in each sector below.
Data and Sources
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.
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