Canoe selected in FinTech Global’s DataTech50 2025 list
LONDON, May 21, 2025 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has been named to FinTech Global’s DataTech50 2025 list.
The news was shared today via a press release issued on FinTech Global’s website. This marks Canoe’s first entry into the acclaimed DataTech50 list, celebrating the world’s most innovative tech companies offering data management solutions in financial services. This win follows our recent listing on FinTech Global’s WealthTech100 list.
Finalists on DataTech50 list were handpicked by a panel of analysts and industry experts who analyzed a list of over 400 companies provided by FinTech Global. Companies were chosen based on their innovative use of technology to address data challenges plaguing the financial services landscape.
FinTech Global director Richard Sachar said, “Instead of having a unified data lake, many firms still have disjointed data networks. Financial institutions have a huge wealth of data that is often not being used to its full potential, they need to find tools that can help them turn that data into a competitive advantage. The DataTech50 list is not just about helping financial services find the shiniest tools in the industry, it is designed to help identify the perfect partners who can prepare them for 2025 and beyond.”
This announcement adds to Canoe’s growing list of recent achievements, including wins for “Onboarding” at ClearView Financial Media’s The Twelfth Family Wealth Report Awards 2025, “Most Innovative Use of AI in an Enterprise Data Management Initiative” at A-Team Insight’s Innovation Awards 2025, and Best Alternative Investment Platform” at The FinTech Breakthrough Awards 2025.
On July 9th, 2024, 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.
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About Canoe Intelligence
Canoe Intelligence redefines alternative investment intelligence through AI-driven, cloud-based software that automates and streamlines alternative investment workflows. With over $8T in assets under automation and more than 400 clients, Canoe empowers institutions, LPs, and wealth managers to transform their alternatives data operations.
MEDIA CONTACT:
Betsy Miller Daitch
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com
