The New York based fintech that streamlines data intelligence gathering for alternative investments allocators has hired from sales and business development to set the next chapter of growth.

After chalking up a Series A from Nasdaq Ventures and Hamilton Lane in February, Canoe Intelligence has appointed Jason Eiswerth as CEO to take the business through its next growth phase. He is replacing Seth Brotman, who will continue at the New York-based fintech as president and COO.

Eiswerth is expected to bring tech-focused operational and sales leadership to the top post. He was previously managing director of private investments at Nima Capital, a large single-family office he joined in 2016 focused on alternatives, where he was also acting CFO and COO.

He also spent over a decade in sales and business development at TheMarkets.com (acquired by Standard and Poor's research arm Capital IQ), serving as the general manager of its MeritMark product group.

The firm said Eiswerth will be responsible for aggressively expanding Canoe’s footprint in North America and internationally. Meanwhile Brotman will transition to managing product development, operations and client support at the fintech.

“Attracting top talent has always been a priority at Canoe and we are thrilled to welcome an executive of Jason’s caliber to the team,” Brotman said, who spoke to this publication in July about the company's streamlining processes.

The firm's licensed AI-based platform scans unstructured PDFs and other actionable data for institutional investors and allocators which manage a large universe of alternatives such as private equity, hedge funds, and real estate.

Other organizations operating in the field include Private Client Resources which uses technology to extract investment data and eliminate manual processes, while quality checking the accuracy of the information.