Canoe Intelligent Secures $36M in Series C Funding
Canoe Intelligent, a financial technology company based in London, UK, recently announced that it has secured $36M in Series C funding. The funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors F-Prime Capital and Eight Roads. This injection of capital will allow Canoe Intelligent to further develop its proprietary AI and machine learning technology, enhancing its capabilities across the entire back-to-front office spectrum.
CEO Jason Eiswerth is leading the charge at Canoe Intelligent, a company that is focused on revolutionizing alternative investment intelligence for various entities including institutional investors, capital allocators, wealth managers, and asset servicing firms.
By providing cutting-edge technology, data, and insights, Canoe Intelligent helps its clients manage alternative assets in a more efficient manner. The company's platform simplifies data management processes for a wide range of clients, which includes 325 institutional investors, capital allocators, wealth managers, family offices, and asset servicing firms, such as Blackstone and Hamilton Lane.
With this latest round of funding, Canoe Intelligent is poised to make significant strides in the financial technology sector. By continuing to invest in AI and machine learning capabilities, the company is solidifying its position as a leader in empowering smarter alts management. The support from Growth Equity at Goldman Sachs Alternatives, along with existing investors F-Prime Capital and Eight Roads, demonstrates confidence in Canoe Intelligent's vision and potential for growth in the industry.
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