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Canoe Intelligence Completes $36M Series C

2024-07-09
NEW YORK, NY, Canoe Intelligence (Canoe), the financial technology company powering smarter alts management, today announced the completion of its Series C financing round of $36 million.
The round was led by Growth Equity at Goldman Sachs Alternatives with participation from existing investors F-Prime Capital and Eight Roads. This latest round marks a significant milestone for Canoe, representing a more than 3x increase in company valuation since its Series B financing in 2023. With the additional capital, Canoe will continue its investment in building proprietary AI and machine learning technology to enhance its comprehensive back-to-front office capabilities.

Canoe Intelligence is a financial technology company dedicated to advancing alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Canoe empowers clients with technology, data, and insights to manage alternative assets more efficiently, accurately, and confidently. With a commitment to innovation and excellence, Canoe is redefining the future of alternative investment data management.
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