Canalyst — a number one provider of economic information and analytics — lately announced it has raised $70M in a Series C financing led by Dragoneer Investment Group. And Canalyst customers Canada Pension Plan Investment Board and Alta Fox Capital participated, together with current investors HighSage Ventures, Vanedge Capital, and ScaleUP Ventures. “Canalyst’s information moat is substantial and will proceed to compound.” Tweet this “Canalyst’s data moat is substantial and will proceed to compound,” stated from home fueling cyberattacks watchdog Christian Jensen, Partner and Co-Head of Private Investments at Dragoneer. “We’re excited to associate with the Canalyst group as they continue to build a exceptional enterprise centered round a product that clients truly love.” Founded in 2015 by James Rife and Damir Hot , Canalyst has developed a SaaS platform that allows entry to structured basic knowledge and fashions on world public corporations.
PitchBook’s non-financial metrics assist you to gauge a company’s traction and development using web presence and social reach. Round was led by San Francisco-based Dragoneer Investment Group, with participation from Alta Fox Capital, HighSage Ventures, Vanedge Capital and ScaleUp Ventures. The Canada Pension Plan Investment Board and Alta Fox are both clients. Canalyst lately raised US$ 70 million in Series C funding from Dragoneer, CPP Investments , Alta Fox Capital, HighSage Ventures, Vanedge Capital, and ScaleUP Ventures. Valuations are submitted by corporations, mined from state filings or news, offered by VentureSource, or based mostly on a comparables valuation model.
Torys acted as counsel to CPP Investments with a staff that included Konata Lake and Marko Trivun (corporate/fundraising). Founded in 2015, the company employs 200 individuals with places of work in New York and Vancouver. Canada Pension Plan Investment Board and Alta Fox, current Canalyst purchasers, also participated in the spherical alongside existing buyers HighSage Ventures, Vanedge Capital, and ScaleUP Ventures. “Canalyst’s knowledge moat is substantial and will proceed to compound.”
Dragoneer has a history of partnering with administration teams rising exceptional companies characterised by sustainable differentiation and superior economic fashions. The firm’s observe record consists of private and non-private investments throughout industries and geographies, with a selected focus on technology-enabled businesses. With the funding, Canalyst expects to double its global headcount this year to additional put cash into product development and delivery, world enlargement and buyer support. The firm intends to make use of the funds to double its international headcount to further invest in product growth and delivery, global enlargement, and customer help. /PRNewswire/ — Canalyst, the main independent supplier of basic information and fashions to institutional traders, introduced right now that Jeremy Payne has…
By getting into your e-mail, you consent to receiving business electronic messages from The Logic Inc., containing information, updates, provides or promotions about The Logic Inc.’s services and products. By coming into your e-mail you consent to receiving business electronic messages from The Logic Inc. containing information, updates, offers or promotions about The Logic Inc.’s services and products. Canalyst proclaims that Jeremy Payne has joined as Chief Product Officer, signaling expansion of the fast-growing fintech’s knowledge merchandise. The agency backs both public and private corporations, with notable investments in Airbnb, Alibaba, Bytedance, Doordash and Slack. Dragoneer is a growth-oriented investment firm with over US$25 billion in long-duration capital. Embedded finance platform Railsr will bolster its monetary crime and fraud prevention efforts via a partnership with Featurespace.
Canalyst’s product providing has additionally expanded to serve global traders focused on credit score, private equity, and venture capital along with funding banks, consultancies, and the corporate market. Dragoneer Investment Group is a growth-oriented investor in both public and private companies. Dragoneer seeks companies with sustainable competitive advantages, enticing monetary models, and world-class administration groups.
