# Canalyst funding: rounds and investors

> Canalyst has raised $73M across 2 rounds since 2016. Investors include Vanedge Capital, CPP Investments and Scale-Up Ventures. Every round with its source.

Source: https://millionrounds.com/company/canalyst (Millionrounds; every figure on the page links to its filing or article)

Canada · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Canalyst*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Fintech SaaS

Funding summary Updated 26 Oct 2026

**$73M** raised across 2 rounds since 2016, from 2 sources

**$2.7M** Seed **$70M** Series C

- **Latest round:** Series C, $70M Jan 2022
- **Step-up i:** 25.9×
- **Investors:** 3 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022

**$2.7M** Seed

**$70M** Series C

- **First round:** Seed, $2.7M
- **Biggest round:** $70M
- **Between rounds:** 5.3 years

## The rounds

- **Jan 2022** Series C **$70M** *2 new* [CPP Investments](https://millionrounds.com/fund/cpp-investments) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up) Source recorded
- **Aug 2016** Seed **$2.7M** *1 new* [Vanedge Capital](https://millionrounds.com/fund/vanedge-capital) Lead Reported by BetaKit: funding

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2016 **Series C** 2022 [Vanedge Capital](https://millionrounds.com/fund/vanedge-capital) L [CPP Investments](https://millionrounds.com/fund/cpp-investments) [Scale-Up Ventures](https://millionrounds.com/fund/scale-up)

## Everyone who backed them

[Vanedge Capital](https://millionrounds.com/fund/vanedge-capital) VC firm **1** round, led 1

[CPP Investments](https://millionrounds.com/fund/cpp-investments) Growth equity **1** round

[Scale-Up Ventures](https://millionrounds.com/fund/scale-up) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=canalyst).

## Also claim to have backed them

These 3 firms list Canalyst as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[WorldQuant Ventures LLC](https://millionrounds.com/fund/worldquant-ventures-llc) VC firm Per its own site

[HighSage Ventures](https://millionrounds.com/fund/highsage-ventures) VC firm Per its own site

[Conconi Growth Partners](https://millionrounds.com/fund/conconi-growth-partners) Growth equity Per its own site

## Quick answers about Canalyst

### Who invested in Canalyst?

Canalyst's investors include Vanedge Capital, CPP Investments and Scale-Up Ventures.

### How much has Canalyst raised?

Canalyst has raised $73M across 2 rounds since 2016.

### When did Canalyst last raise?

Canalyst's most recent round was a Series C of $70M in Jan 2022.

### What was Canalyst's biggest round?

Its most recent round, $70M in Jan 2022, is also its largest on record.

### Who backed Canalyst first?

Canalyst's first round on record, in Aug 2016, was backed by Vanedge Capital.

### What stage is Canalyst at?

Canalyst's latest named round is a Series C, in Jan 2022.

### Where is Canalyst based?

Canalyst is based in Canada.

### Who led Canalyst's rounds?

Vanedge Capital led the Seed in 2016.

## Companies like Canalyst

In the same sector, and raised in the last eighteen months.

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)

## Find investors like these

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