Canoe Intelligence Named Winner of Best Data Management Solution at Private Equity Wire US Awards 2023
NEW YORK, October 26, 2023 – Canoe Intelligence (“Canoe”), the financial technology company guiding the alternatives industry forward with smarter data management, was announced as the winner of “Best Data Management Solution” at the Private Equity Wire US Awards 2023 last night.
The annual Private Equity Wire US Awards recognize excellence among private equity fund managers and service providers in the US across a wide range of categories. Winners were announced on October 25, 2023, at an awards ceremony and networking event hosted at The Penn Club, New York.
Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, where participants are asked to make their choice among the shortlisted firms in each category. For the service provider categories, the nominated firms were based on a widespread survey of more than 500 GPs and other key industry participants.
This award follows numerous wins for Canoe earlier this year, including “Best Proposition for AI, Machine Learning” at the Data Management Insight Awards USA 2023, “Outsourcing/Business Process Outsourcing” at the Tenth Annual Family Wealth Report Awards 2023 program, “Most innovative use of AI in an enterprise data management initiative” at the 2023 A-Team Insight Innovation Awards, and “Best Artificial Intelligence (AI) Application (US)” at the WealthBriefing WealthTech Americas Awards 2023.
This announcement closely follows the launch of Canoe’s new product, Canoe Tax; the firm also recently debuted the Canoe Data Innovation Hub, sharing plans to develop and deliver Canoe Asset Data through a design partnership with 13 existing clients. These product development programs build upon Canoe’s recent successes, including 100% year-over-year growth and a strategic $25 million Series B financing round in February 2023. Canoe continues to advance operational excellence through the expansion of its platform and product suite, exemplifying its commitment to innovation and industry-leading product development in the alternative investment industry.
About Canoe Intelligence
Canoe Intelligence (“Canoe”) is a financial technology company dedicated to advancing alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Canoe empowers clients with technology, data, and insights to manage alternative assets more efficiently, accurately, and confidently. With a commitment to innovation and excellence, Canoe is redefining the future of alternative investment data management.
Betsy Miller Daitch