Canoe shortlisted for Data Technology in The Drawdown Awards 2025
LONDON, March 27, 2025 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has been shortlisted in the “Data Technology” category at The Drawdown Awards 2025. The winners will be announced at the Marriott Grosvenor Square in London on June 12, 2025.
The “Data Technology” category is intended to reward firms displaying excellence in the provision of data platforms and technologies for private market clients. Success in this category depends on a mixture of client and revenue growth, product innovations, brand development and demonstrating positive customer feedback through client testimonials.
This marks Canoe’s third consecutive year being shortlisted for the “Data Technology” category at The Drawdown Awards. Last year, Canoe won in the “Technology Innovation” category.
The Drawdown Awards 2025 are for advisors and solution providers supporting the European private fund operations. The rigorous judging process, based on the views of a panel of leading private capital fund COOs, CFOs, CCOs, GCs and CTOs, ensures these awards stand out from the crowd as ‘ones to win’ and hope they act as a catalyst to drive up service standards and operations across the sector.
This recognition follows other recent industry accolades for Canoe across EMEA, including wins for “Best Data Ops Solution Provider” at A-Team Group’s Data Management Insight Awards Europe 2024, “European FundsTech Provider of the Year – Investments” at Funds Europe’s Funds Europe Awards 2024, and “Change Management Process/Best Implementation of a Technology Solution (Tech In-house) at Clearview Financial Media’s WealthBriefing European Awards 2024.
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
