Fintech

Alts Fintech Raises $36M in Funding Round Led by Goldman Sachs

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A startup providing alternative investment intelligence has raised $36 million in a funding round led by Goldman Sachs.

The Series C funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing venture capital investors F-Prime Capital and Eight Roads, startup Canoe Intelligence said Tuesday. Since its Series B in 2023, Canoe said the company has more than tripled in valuation and will continue to invest in artificial intelligence and machine learning technologies.

Headquartered in New York City, Canoe was commercially launched in 2018 and offers investment professionals a technology solution for document categorization, data analysis and extraction.

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