Canoe Intelligence bags $36m Series C led by Goldman Sachs

New York-based fintech, Canoe Intelligence, has raised $36 million in a Series C funding round led by Goldman Sachs, considerably increasing its valuation since its Series B the previous year. The firm plans to enhance its AI and machine learning technology and expand its market presence. Canoe provides a cloud-based platform that simplifies data entry for alternative investors by automating document organization. The funding follows their recent appointment of a former CIA analyst as CTO. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures