{"id":414025,"date":"2021-01-13T08:33:10","date_gmt":"2021-01-13T13:33:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414025"},"modified":"2021-01-13T08:33:10","modified_gmt":"2021-01-13T13:33:10","slug":"canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/","title":{"rendered":"Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150%"},"content":{"rendered":"<div class=\"mw_release\">\n<p>New York, Jan.  13, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KY5KJznXrzEy5N0qhVvI15_LXmFrggG2G_eSv4mkA7AoK00_0QhoUwTR7BUCcFOxbNZ4BIiz_yYX6o3RF92XBhXC1eZu1a2kgbXCAKAg95AxeUhBBownu8dBFBwKf-vq\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Canoe Intelligence (\u201cCanoe\u201d)<\/a>, a financial technology company focused on reimagining data management processes for institutional investors, wealth managers, capital allocators and asset servicing firms, today announced it reached several significant milestones during 2020, one of which being a record year in terms of client growth.<\/p>\n<p>Commenting on the pivotal year, Canoe CEO Jason Eiswerth said: \u201cThe Series A Funding we received in February set the tone for 2020 and enabled us to drive substantial enhancements to our technology. This ultimately allowed us to provide an even higher quality experience to our clients, one that sets the foundation for accelerated growth across the institutional investment and wealth management segments.\u201d<\/p>\n<p>Among the many milestones that Canoe achieved in 2020 were:<\/p>\n<ul>\n<li>Appointing Jason Eiswerth as new Chief Executive Officer (<a href=\"https:\/\/canoeintelligence.com\/canoe-intelligence-appoints-new-ceo-jason-eiswerth\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>)<\/li>\n<li>Securing Series A Funding from Nasdaq Ventures, Hamilton Lane and other industry leaders (<a href=\"https:\/\/canoeintelligence.com\/canoe-set-to-transform-alternative-investment-operations-with-series-a-funding-from-nasdaq-ventures-hamilton-lane-and-other-industry-leaders\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>)<\/li>\n<li>Increasing client base by over 150% from last year across our institutional and wealth management segments<\/li>\n<li>Adding industry leaders Prime Buchholz (<a href=\"https:\/\/canoeintelligence.com\/canoe-intelligence-names-prime-buchholz-as-new-client\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>), Hamilton Lane (<a href=\"https:\/\/canoeintelligence.com\/canoe-and-hamilton-lane-collaborate-to-bring-new-efficiencies-to-alternative-investment-operations\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>) and others to client roster<\/li>\n<li>Expanding coverage to 6,000+ funds, processing 2M+ documents, extracting 10M+ data points and having a combined AUA across clients of more than $1T<\/li>\n<li>Partnering with leading downstream systems including SEI Archway (<a href=\"https:\/\/canoeintelligence.com\/sei-enhances-archway-platform-through-strategic-partnership-with-canoe-intelligence\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>), SS&amp;C and Black Diamond Wealth Platform (<a href=\"https:\/\/canoeintelligence.com\/canoe-intelligence-and-ssc-partner-to-streamline-alternative-investment-workflows\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>), Addepar and KnowLedger (<a href=\"https:\/\/canoeintelligence.com\/canoe-intelligence-partners-with-knowledger-to-optimize-alternative-data-management\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>)<\/li>\n<li>Launching the Wealth Management Client Council to secure ongoing feedback and ensure Canoe is innovating alongside clients\u2019 specific needs and goals (<a href=\"https:\/\/canoeintelligence.com\/canoe-hosts-inaugural-meeting-of-its-wealth-management-client-council\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><i>more<\/i><\/a>)<\/li>\n<li>Receiving recognition from CB Insights (<em><a href=\"https:\/\/canoeintelligence.com\/canoe-intelligence-named-to-the-2020-cb-insights-fintech-250-list-of-fastest-growing-fintech-startups\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">more<\/a><\/em>), Family Wealth Report (<a href=\"https:\/\/canoeintelligence.com\/canoe-wins-family-wealth-reports-2020-award-for-most-innovative-client-solution\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><em>more<\/em><\/a>), and Financial Services Forum (<em><a href=\"https:\/\/canoeintelligence.com\/canoe-wins-2020-financial-services-forum-awards-in-one-to-watch-and-transforming-the-workforce-categories\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">more<\/a><\/em>) for our innovations in the space<\/li>\n<li>Doubling the size of Canoe\u2019s team with new hires in engineering, product management and design, client success, sales, and operations roles<\/li>\n<\/ul>\n<p>Jason continued: \u201cI\u2019m immensely proud of our team for all their hard work that led to our many great accomplishments in 2020. We\u2019re looking forward to building on these successes this year and providing our clients with additional ways to drive efficiencies in their alternative investment processes.\u201d<\/p>\n<p>For 2021, Canoe plans to enhance its offering and improve client experience in several key areas including: expanded document ingestion from leading investor portals, enhanced extraction capabilities covering more document types and deeper data sets, and advanced applications of Canoe\u2019s shared and growing intelligence to facilitate insights and transform legacy processes.<\/p>\n<p align=\"center\" \/>\n<p>\n        <b>ABOUT CANOE INTELLIGENCE<\/b>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KY5KJznXrzEy5N0qhVvI157c-NZzKjE_AKZ6_13mlR11OLYghxKW-S0uX0tdtigN8_hqSh_jhaYiIdP1QH_i3YBtYAV3O3fL92wyu2W8AEc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Canoe Intelligence<\/a> reimagines alternative investment data processes for hundreds of leading institutional investors, capital allocators, asset servicing firms and wealth managers. By combining industry expertise with the most sophisticated data capture technologies, Canoe\u2019s technology automates the highly-frustrating, time-consuming, and costly manual workflows related to alternative investment document and data management, extraction and delivery. With Canoe, clients can refocus capital and human resources on business performance and growth, increase efficiency, and gain deeper access to their data. Canoe\u2019s AI-driven platform was developed in 2013 for Portage Partners LLC, a private investment firm. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dn4TMGDaXQXqMAmBSHdzmVzRPWuvzXkjul7jEGLUGdEkftupl4C0MsVLBJxvWdoXq2IBoUjRyuQaD7aAfXQAgCkRFjSo0u9yuY93GxYx4jY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.canoeintelligence.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDkxMCMzOTE2NTI5IzIxOTQ1OTQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/9c2df63e-2a16-4d0c-9e25-ae304a0bc22f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Alexandra Hamer\r\nForefront Communications for Canoe Intelligence\r\n212-320-8981 x712\r\nahamer@forefrontcomms.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York, Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; Canoe Intelligence (\u201cCanoe\u201d), a financial technology company focused on reimagining data management processes for institutional investors, wealth managers, capital allocators and asset servicing firms, today announced it reached several significant milestones during 2020, one of which being a record year in terms of client growth. Commenting on the pivotal year, Canoe CEO Jason Eiswerth said: \u201cThe Series A Funding we received in February set the tone for 2020 and enabled us to drive substantial enhancements to our technology. This ultimately allowed us to provide an even higher quality experience to our clients, one that sets the foundation for accelerated growth across the institutional investment and wealth management segments.\u201d Among the many milestones &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414025","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York, Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; Canoe Intelligence (\u201cCanoe\u201d), a financial technology company focused on reimagining data management processes for institutional investors, wealth managers, capital allocators and asset servicing firms, today announced it reached several significant milestones during 2020, one of which being a record year in terms of client growth. Commenting on the pivotal year, Canoe CEO Jason Eiswerth said: \u201cThe Series A Funding we received in February set the tone for 2020 and enabled us to drive substantial enhancements to our technology. This ultimately allowed us to provide an even higher quality experience to our clients, one that sets the foundation for accelerated growth across the institutional investment and wealth management segments.\u201d Among the many milestones &hellip; Continue reading &quot;Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150%&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T13:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDkxMCMzOTE2NTI5IzIxOTQ1OTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Canoe Intelligence reaches significant milestones in 2020; 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Commenting on the pivotal year, Canoe CEO Jason Eiswerth said: \u201cThe Series A Funding we received in February set the tone for 2020 and enabled us to drive substantial enhancements to our technology. This ultimately allowed us to provide an even higher quality experience to our clients, one that sets the foundation for accelerated growth across the institutional investment and wealth management segments.\u201d Among the many milestones &hellip; Continue reading \"Canoe Intelligence reaches significant milestones in 2020; increases client base by over 150%\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-13T13:33:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDkxMCMzOTE2NTI5IzIxOTQ1OTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/canoe-intelligence-reaches-significant-milestones-in-2020-increases-client-base-by-over-150\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Canoe Intelligence reaches significant milestones in 2020; 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