Canoe sets sail with $25m investment
Canoe, an alternative investment intelligence fintech, has secured $25m in funding.
The series-B round was led by F-Prime Capital with participation from Eight Roads Ventures and other strategic investors.
The firm hopes to utilise the funding to further expand to European markets, grow the team in functional areas and develop new data products.
The platform is designed to help streamline investment firms’ data management processes, reducing the time and cost of collecting and reconciling documents.
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