Press & Announcements

Canoe Intelligence completes record year by tripling annual revenue, doubling its client base, and adding new key executives

Canoe’s technology for alternatives data and document management has quickly become the industry’s standard way for alternative investors and allocators to scale and differentiate their businesses

NEW YORK, January 12, 2022Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced a record 2021 year by tripling its revenue, doubling its client base and employee headcount and adding key executives to the team.

Commenting on the successful year, Canoe CEO Jason Eiswerth said: “The results experienced in 2021 were driven by support from our clients, investors, and partners; rigor in our product development process and significant evolution of our technology; and our collective determination to redefine alternatives data management for the investment industry. More than 125 clients are now relying on Canoe’s shared intelligence and fund master database to streamline their entire data and document processes. Through strategic client council dialogue and ongoing user feedback, our clients remain integral to our product development and prioritization process, and our expanded team has worked together to expedite client onboardings, and help our clients start seeing efficiencies in terms of time savings and return on technology investment faster.”

Among the many milestones that Canoe achieved in 2021 were:

Jason continued: “I am very proud of our team and thankful for all their hard work that led to our many great accomplishments in 2021. I’m also extremely grateful to our clients, who instill their trust in us to help them improve their operations and grow their businesses. We’re looking forward to 2022 and building on our great momentum.” 

For 2022, Canoe plans to enhance its offering by expanding the breadth of documents and document types supported, adding new functionality and reporting capabilities, building new features and tools, and continuing to make alternative investment data available to clients in ways that drive value and impact to our clients’ bottom line. Finally, we expect to continue our expansion geographically and to hire additional top talent in technology, machine learning, and data science.  


About Canoe Intelligence
Canoe Intelligence redefines alternative investment data processes for hundreds of leading institutional investors, capital allocators, asset servicing firms, and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe’s technology automates the highly frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction, and delivery. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe’s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. Learn more:

Betsy Miller Daitch