Canalyst Receives Investment from WorldQuant Ventures

Canalyst, a Vancouver, Canada-based equity research technology provider for institutional finance professionals, received an investment from WorldQuant Ventures.

The amount of the deal was not disclosed.

The company intends to use the funds to enhance its database by enabling continued investment in analytics capabilities, and expansion of its coverage to small- and mid-cap companies.

Led by Damir Hot, CEO, Canalyst is a fintech company that provides CIOs, Portfolio Managers, and Directors of Research with the North American Equity Model Database of full, company-specific Excel models on 3,600+ U.S. and Canadian listed securities, including S&P 500, Russell 2000, TSX and TSX-V.



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