Canoe Nominated for Cloud Services and Data Management at the European Emerging Manager Awards 2024
LONDON, NEW YORK, September 18, 2024 – Canoe Intelligence (“Canoe”), the financial technology company powering smarter alts management, has been honored as a finalist in two categories at Private Equity Wire’s European Emerging Manager Awards 2024.
This year, Canoe made Private Equity Wire’s shortlists for “Cloud Services Solution of the Year” and “Data Management Solution of the Year.”
The Private Equity Wire European Emerging Manager Awards highlight top-performing emerging fund managers and service providers in the private equity industry. Winners are selected through an online vote by Private Equity Wire users, closing October 4, and will be revealed at an exclusive ceremony and networking event on Thursday, 14th November at etc. venues County Hall in London.
This international recognition builds upon Canoe’s recent success in the Private Equity Wire US awards circuit, where the firm is currently shortlisted for the “Data Management Solution of the Year” award. The momentum from last year continues, following recognition in several Private Equity Wire US Award categories and an ultimate win for ‘Best Data Management’ solution in 2023.
These nominations follow other recent industry accolades for Canoe, including wins for “Onboarding” at the Eleventh Annual Family Wealth Report Awards 2024 program, “Most innovative use of AI in an enterprise data management initiative” at the 2024 A-Team Insight Innovation Awards, and “Change Management Process/Best Implementation of a Technology Solution” at the WealthBriefing European Awards 2024.
On July 9th, Canoe completed its Series C financing round of $36 million, led by Growth Equity at Goldman Sachs Alternatives. This marks a significant milestone for Canoe, representing a more than 3x increase in its company valuation. The additional capital will fuel Canoe’s strategic initiatives, global growth, and advancement of its AI-driven financial technology platform for alternative investors.
At the end of Q1, Canoe announced the commercial launch of Canoe Asset Data, an innovative solution to the industry-wide challenge of accessing and using complete, timely, and accurate asset-level data. Toward the end of 2023, Canoe released a number of new product offerings, including Canoe Pro, a comprehensive solution that integrates expert services into the client experience.
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About Canoe Intelligence
Canoe Intelligence empowers over 325 institutional investors, asset servicers, and wealth managers with innovative technology to manage alternative assets efficiently and accurately. Backed by recent growth milestones and a successful Series C financing round led by Growth Equity at Goldman Sachs Alternatives, Canoe continues to redefine the future of alternative investment management.
MEDIA CONTACT:
Betsy Miller Daitch
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com