a year ago

Canoe Intelligence Secures $36 Million Series C Funding Led by Goldman Sachs

  • Canoe Intelligence, a London-based financial technology company, has raised $36 million in Series C funding led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors F-Prime Capital and Eight Roads

  • The company plans to use the funds to enhance its AI and machine learning technology for its back-to-front office capabilities

  • Canoe Intelligence empowers institutional investors, capital allocators, wealth managers, and asset servicing firms with technology, data, and insights to manage alternative assets efficiently

  • The company serves a diverse client base of 325 institutional investors, capital allocators, wealth managers, family offices and asset servicing firms, including Blackstone and Hamilton Lane.

      • ProblemFinancial Services

      "Investing in alternative assets like private equity, real estate and hedge funds is complex and requires managing a lot of data, making it difficult for investors to make informed decisions."

      Solution

      "Canoe Intelligence provides a platform that uses AI and machine learning to simplify data management for alternative investments. This platform gives investors a centralized view of their investments, allowing them to make better decisions and manage their portfolio more effectively."

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