TDA 2022 Technology: Data winner: Canoe Intelligence

Canoe Intelligence won the judges approval for its ability to automate the most frustrating, time consuming, manual workflows related to alternative investment funds. “Our best-of-breed artificial intelligence and machine learning technical framework yield considerable scale and efficiency for our 175-plus global clients,” says Toby Bailey, vice president of sales, EMEA at Canoe. “Investment documents are automatically retrieved and catalogued. Canoe’s shared intelligence is applied to every new document received, speeding data extraction for existing clients, and onboarding for new clients.”

In 2021, the platform partnered with a number of technology and service providers, enabling the business to expand at a rapid pace. As such, it’s no surprise Canoe was able to triple its revenue, as well as double its client base and employee headcount to keep up with the work. Furthermore, Canoe wowed the judges with its impressive client roster including Blackstone, Carlyle and Hamilton Lane.

“Our team’s industry experience and know-how drive our ability to successfully automate every manual task related to alternatives document and data management,” he adds. “We’ve built an ecosystem of forward-thinking partners, clients, and backers who are aligned in elevating the practice of alternative investing for all with more accuracy, efficiency, and connectivity.”

Add to that, a selection of client testimonials from various CFOs, CTOs and COOs of businesses on both sides of the Atlantic is a clear demonstration Canoe’s platform is going from strength to strength.

Category finalists

• Colmore, a Preqin Company
• DealEdge
• Exchangelodge
• Holland Mountain ATLAS
• Mercatus