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How Canoe CEO Seth Brotman grew to $14M revenue with a 180 person team in 2024.

Developer of data management software designed to streamline investment document management and data extraction. The company's software leverages artificial intelligence (AI) and machine learning technology to identify, categorize and store investment data, thereby eliminating latency and providing a better way to manage the documents and data associated with alternative investments, enabling users to minimize manual data entry into reporting and accounting systems.

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Canoe Revenue

In 2024, Canoe's revenue reached $14M. The company previously reported $8.4M in 2023. Since its launch in 2017, Canoe has shown consistent revenue growth.

Canoe Revenue GrowthReported revenue / ARR over time$0$3M$6M$9M$12M$15M20172018201920202021202220232024$0$3M$8M$14MSource: GetLatka.com
YearMilestoneQuote
2024Canoe Hit $14m revenue in October 2024
2023Canoe Hit $8.4m revenue in December 2023
2021Canoe Hit $3.2m revenue in April 2021
2017Launched with $0 revenue

Canoe Valuation, Funding Rounds

Canoe is a bootstrapped Other Analytics Software startup. Founded in 2017, Canoe has grown to $14M in revenue without raising any venture capital or outside funding.

As a self-funded Other Analytics Software SaaS company, Canoe has built its business with no outside investment.

Canoe Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Seth Brotman

Seth Brotman is listed as Founder / CEO at Canoe.

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Customers

We do not have customer count information for Canoe yet.

Canoe Employees & Team Size

Canoe employs approximately 180 people as of 2026, up from 141 in 2023, including 2 sales reps that carry a quota.

Canoe Team GrowthReported headcount over time040801201602002017201820192020202120222023202400180180Source: GetLatka.com
YearMilestone
2024Reached 180 employees (December 2024)
2024Reached 177 employees (October 2024)
2023Reached 141 employees (December 2023)
2022Reached 89 employees (December 2022)
2021Reached 64 employees (December 2021)
2021Reached 38 employees (April 2021)

Frequently Asked Questions about Canoe

What is Canoe's revenue?

Canoe generates $14M in revenue.

Who founded Canoe?

Canoe was founded by Seth Brotman.

Who is the CEO of Canoe?

The CEO of Canoe is Seth Brotman.

How much funding does Canoe have?

Canoe raised $0.

How many employees does Canoe have?

Canoe has 180 employees.

Where is Canoe headquarters?

Canoe is headquartered in New York, New York, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Canoe Revenue 2024: $14M ARR (Bootstrapped)