Double win for Canoe Intelligence at With Intelligence’s Fund Operations and Services Awards 2025
NEW YORK, February 11, 2025 – Canoe Intelligence (“Canoe”), the platform for smarter alts management, has been awarded two wins at With Intelligence’s Fund Operations and Services Awards.
Canoe won in both the “Best Data Management Solution – Back/Middle Office” and “Best Machine Learning Development” categories. In late 2024, it was announced that Canoe made With Intelligence’s shortlists for “Best Cloud-based Back/Middle-Office solution,” “Best Data Management Solution – Back/Middle Office,” “Best Machine Learning Development,” and “Best Tech Innovation Award” in this program.
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. Winners were announced on February 6, 2025, at the Metropolitan Club, New York.
In addition to this recognition, Canoe also won in the “Wealth management innovations” category at With Intelligence’s Private Asset Management Awards 2025 on the night prior. These award announcements follow other recent industry accolades for Canoe, including wins for “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.
The firm was also recently shortlisted in another With Intelligence awards program, the HFM European Services Awards 2025.
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.
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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
Canoe Intelligence
+1 443-690-6200
bdaitch@canoeintelligence.com
