9fin: $170 Million At $1.3 Billion Valuation Raised For AI-Based Debt Markets Platform

By Amit Chowdhry • Today at 7:20 AM

9fin has raised $170 million in Series C funding at a $1.3 billion valuation, as the company looks to scale its AI-native platform for global debt markets. The round was led by HarbourVest Partners, with participation from CPP Investments and existing investors including Redalpine, Highland Europe, Spark Capital, and Seedcamp.

The latest funding brings 9fin’s total capital raised to more than $250 million and will be used to accelerate the development of its AI capabilities, expand its proprietary dataset, and support continued expansion in the United States.

Debt capital markets represent an estimated $145 trillion asset class, yet much of the underlying technology infrastructure remains outdated. As loan, bond, and private credit markets increasingly converge, access to accurate and timely data has become critical. 9fin aims to address this gap by centralizing fragmented information, including data locked in emails, PDFs, and data rooms, and applying AI to streamline analysis and decision-making.

The platform enables credit professionals to source deals, analyze risk, and monitor global markets within a single interface. Its tools are designed to help clients identify opportunities faster, improve competitive positioning, and reduce time spent on manual research.

More than 300 institutions, including banks, asset managers, law firms, and advisory firms, currently use 9fin. Notably, CPP Investments was already a customer prior to participating in the funding round.

The company has reported multiple consecutive years of 100% annual recurring revenue growth, alongside strong customer retention and accelerating expansion in the U.S. market.

Founded by Steven Hunter and Hussam EL-Sheikh, 9fin is headquartered in London, with offices in New York, Hong Kong, and Belfast, and teams across Latin America and Asia. The company positions itself as an end-to-end platform for credit professionals, combining data, analytics, and AI-driven workflows.

KEY QUOTES

“Debt markets are undergoing a profound transformation as AI reshapes how financial professionals work. 9fin has built a powerful platform combining proprietary data with AI-driven workflows, exactly what we’re looking for in next generation market leaders. We’re excited to support the company as it scales globally.”

Michael Guiness, Principal at HarbourVest Partners

“AI will redefine the credit markets, but only if it’s powered by proprietary data and embedded into how professionals actually work. That’s exactly what we’ve built at 9fin. We’ve scaled our product rapidly across geographies and asset classes to provide clients with unmatched breadth and depth of data in an AI-native platform. Our ultimate goal is to be the only platform credit professionals ever need. This capital gets us there even faster.”

Steven Hunter, CEO and Co-founder of 9fin

“We’ve followed 9fin closely over several years and have been consistently impressed by the team’s execution and vision. The company’s continued expansion across the credit ecosystem, from banks and asset managers to private credit platforms, underscores the strength of its product.”

Houda Hamdouch, Principal at HarbourVest Partners