Canoe nominated for 4 awards across With Intelligence’s Fund Operations and Services Awards 2025
NEW YORK, December 20, 2024 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has been honored in four categories across With Intelligence’s Fund Operations and Services Awards.
Canoe made With Intelligence’s Fund Operations and Services Awards shortlist for “Best Cloud-based Back/Middle-Office solution”, “Best Data Management Solution- Back/Middle Office”, “Best Machine Learning Development”, and “Best Tech Innovation Award”. Winners will be announced on February 6, 2025 and the ceremony will also be held in New York.
The With Intelligence Fund Operations and Services Awards recognize and reward fund service providers who have demonstrated exceptional client service, innovative product development, and strong and sustainable business growth in the mutual fund and ETF space.
As a fintech firm, Canoe is dedicated to advancing alternative investment intelligence for asset managers, institutional investors, capital allocators, wealth managers, and asset servicing firms. Canoe has revolutionized alternative investment document and data management thanks to its purpose-built AI- and ML-powered technology and its intelligent use of the cloud’s capabilities, notably via its product, Canoe Connect.
This recognition follows other recent industry accolades for Canoe, including an recent shortlists across multiple categories for the Global Custodian’s Industry Leaders Awards 2024, Private Equity Wire European Emerging Manager Awards 2024, ThinkAdvisor Luminaries Awards 2024, and A-Team Group’s Data Management Insight Awards Europe 2024.
In addition to this recognition, Canoe recently made the shortlist for With Intelligence’s Private Asset Management Awards 2025.
This year, Canoe has also won a number of awards including the WatersTechnology Buy-Side Technology Awards for “Best Cloud Based Solution”, Funds Europe Awards for “European FundsTech Provider of the Year: Investments”, A-Team Group’s Data Management Insight Europe Awards for “Best Data Ops Solution Provider”, and CIO’s Industry Innovation Awards for “Data and Technology.” Canoe has also been honored in the Financial Technology Report’s Top 100 Financial Technology Companies of 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 375 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
