NEW YORK, September 12, 2024 – Canoe Intelligence (“Canoe”), the financial technology company powering smarter alts management, has been honored as a finalist in four categories at the ThinkAdvisor Luminaries Awards 2024.
This year, Canoe made ThinkAdvisor’s shortlists for two “Business Support Systems/Workflow Automation Firm Awards” in “Industry Disruption” and “Innovation,” and two “Individual Awards” for the “Executive of the Year” and “Next-Gen Rising Stars” categories.
The ThinkAdvisor Luminaries Awards celebrate the trailblazers redefining excellence in financial services. Now in its fourth year, this prestigious program recognizes the visionary firms and individuals driving innovation and making a transformative impact on both the industry and the profession.
A panel of independent judges made up of distinguished industry professionals will determine the winners, who will be recognized at an awards ceremony at the Fontainebleau Las Vegas on December 11.
This recognition follows other recent industry accolades for Canoe, including wins for “Onboarding” at the Eleventh Annual Family Wealth Report Awards 2024 program, “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.
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.
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. Toward the end of 2023, Canoe released a number of new product offerings, including Canoe Pro, a comprehensive solution that integrates expert services into the client experience.
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About Canoe Intelligence
Canoe Intelligence empowers over 325 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
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