Canoe Shortlisted for 3 Categories in HFM European Services Awards
LONDON, February 7, 2025 – Canoe Intelligence (“Canoe”), the financial technology company powering smarter alts management, has been shortlisted in three categories at the WithIntelligence HFM European Services Awards 2025.
This year, Canoe made With Intelligence’s shortlists for “Best Data Management Solution”, “Best Innovation in AI” and “Best Technology Firm – Client Service” categories.
Year-on-year, the WithIntelligence HFM European Services Awards recognise and reward hedge fund service providers who demonstrate exceptional client service, innovative product development and strong and sustainable business growth.
The rigorous judging process, based on the views of a panel of leading hedge fund COOs, CFOs, CCOs, GCs and CTOs, ensures that the Awards stand out from the crowd as the ones the big providers really want to win, and recognise those driving up service standards across the sector.
The winners will be announced at one of London’s most iconic venues, a well-loved seat of knowledge, the National History Museum on the 24th April.
Previous years have seen Canoe shortlisted by WithIntelligence HFM European Services Awards for “Best Data Management Solution” and “Best Technology Firm – Client Service” categories in 2024 and “Best data management solution” and “Best technology firm – innovation” in 2023.
This recognition follows other recent industry accolades for Canoe across EMEA, including wins for the “Technology Innovation” category at The Drawdown Awards 2024, “Most innovative use of AI in an enterprise data management initiative” at the 2024 A-Team Insight Innovation Awards, and “Change Management Process/Best Implementation of a Technology Solution” at the WealthBriefing European Awards 2024.
In July, Canoe completed its Series C financing round of $36 million, led by Growth Equity at Goldman Sachs Alternatives. This marked 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. In 2024, Canoe also introduced a wealth of new features—like the Connect Summary Dashboard, Document Rules Engine, and Activity Summary Email—all tailored to solve real-world challenges for investors. And, after launching Canoe Pro in 2021, Canoe recently expanded the program with four new Pro Partners to better tailor those services to clients’ needs.
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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
+1 443-690-6200
bdaitch@canoeintelligence.com
