Canoe Secures Two Victories in WealthBriefing WealthTech Americas Awards 2025
NEW YORK, March 10, 2025 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has won two awards in WealthBriefing’s WealthTech Americas Awards 2025.
Canoe was selected as the winner in the “Artificial Intelligence (AI) Application” category, and the firm’s CTO, Noel Calhoun, was named winner in the respective “Chief Technology Officer” category. Winners and highly commended companies were announced on February 20, 2025.
The judges chose Canoe for this category as the firm is recognized for revolutionizing alternative investment management through products like Canoe Connect, Canoe Intelligence, and Canoe Asset Data. The third is an innovative solution empowers investors with unmatched asset-level transparency and precision, delivering 99% data accuracy, 80-90% time savings, and seamless portfolio optimization—transforming complex workflows into actionable investment insights.
Noel Calhoun was chosen for his visionary leadership as Chief Technology Officer (CTO) at Canoe Intelligence. Through the integration of advanced AI and machine learning, he has transformed the processing of alternative investment data, driving unparalleled accuracy and efficiency. His strategic direction has fueled Canoe’s impressive growth, solidifying its position as a market leader.
The annual WealthBriefing WealthTech Americas Awards program recognizes the most innovative and exceptional firms, teams and individuals. The awards have been designed to showcase outstanding organisations grouped by specialism and geography which the prestigious panel of independent judges deemed to have ‘demonstrated innovation and excellence during the last year’.
Stephen Harris, ClearView Financial Media’s CEO, and publisher of WealthBriefing, was first to extend his congratulations to all winners and highly commended companies. “Every winning entrant has been subjected to a rigorous and independent judging process and should be rightly proud of the success they have achieved this year. This year we have seen a marked increase in entrants and interest in all our global awards programmes and the WealthBriefing WealthTech Americas Awards 2025 is no exception. These awards give organisations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and to celebrate in style with their peers. I offer my congratulations and best wishes for the future to all winners and highly commended firms – they are all worthy recipients who join the prestigious list of wealth management professionals who form the global elite of WealthBriefing winners.”
In 2023 and in 2024 alike, Canoe won “Best Artificial Intelligence (AI) Application (US),” making this the third consecutive win for the firm in this category. In 2022, Canoe was honored in the Business Infrastructure category.
This news follows a number of recent accolades for Canoe, including wins for “Best Data Management Solution – Back/Middle Office” and “Best Machine Learning Development” at With Intelligence’s Fund Operations and Services Awards 2025, “Wealth management innovations” at With Intelligence’s Private Asset Management Awards 2025,” Data and Technology” in CIO’s 2024 Industry Innovation Awards, “Best Data Ops Solution Provider” in the Data Management Insight Awards Europe 2024, “Best New Technology Introduced Over the Last 12 Months” at the 2024 WatersTechnology American Financial Technology Awards, and “Best Cloud Based Solution” at the WatersTechnology Buy-Side Technology 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.
As of the end of 2024, Canoe proudly operated in eight countries and 31 US states to support clients across more than two dozen countries. Today, Canoe supports over 1,000 LPs, 44,000 funds, 750,000 commitments, and $8T+ in AUM/AUA across its global client base. On behalf of clients, Canoe processes 50M+ documents and extracts 300M+ data points annually.
###
About Canoe Intelligence
Canoe Intelligence empowers over 400 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
