#London #United Kingdom #AI Platform #9fin #Debt Markets

9fin Secures $170 Million in Series C Funding

9fin, a platform specializing in AI solutions for global debt markets, has successfully garnered $170 million in Series C funding, which propels its valuation to an impressive $1.3 billion. This funding round, led by HarbourVest, saw participation from the Canada Pension Plan Investment Board (CPP Investments) and other prior investors such as Redalpine, Highland Europe, Spark Capital, and Seedcamp.

The newly acquired funding is earmarked for the advancement of 9fin's AI capabilities, the expansion of its proprietary dataset, and the continuous growth of its operations, particularly within the United States. To date, 9fin has raised over $250 million in total funding, highlighting strong investor confidence in its future trajectory.

The significance of this funding can be tied to the sheer size of the debt capital markets, valued at $145 trillion, making them the largest asset class globally. Despite this, the technology underpinning these markets has yet to catch up, often remaining outdated for decades. As the financial landscape continues to evolve, especially with the integration of loan, bond, and private credit markets, access to reliable and timely information is paramount. This is where AI technology, particularly when trained on robust data, can make a difference.

9fin's approach aims to consolidate information from various sources, such as data rooms, emails, and PDFs, and transform it into meaningful insights. This centralization empowers credit professionals to identify, assess, and act on opportunities using a unified platform. The tools provided by 9fin not only enhance efficiency for its clients but also help them gain a competitive edge in a rapidly changing market landscape.

Currently, over 300 notable financial entities, including banks, asset managers, law firms, and advisory firms, utilize 9fin as their primary platform for deal sourcing, risk analysis, and monitoring global debt markets. An example of this trust is illustrated by CPP Investments' dual role as both a client and investor, further underscoring the platform's credibility and value.

9fin has seen remarkable growth, presenting multiple years of 100% annual recurring revenue (ARR) increase, coupled with industry-leading client retention rates. Furthermore, the company's expansion efforts in the U.S. market have accelerated even faster, highlighting the scalability and appeal of their innovative solutions.

According to Michael Guiness, a Principal at HarbourVest Partners, “Debt markets are undergoing a profound transformation as AI reshapes how financial professionals work.” He emphasized that 9fin's ability to combine proprietary data with AI-driven workflows positions it as a leader in the financial technology landscape. Guiness expresses excitement for supporting 9fin in its global scaling ambitions.

Steven Hunter, CEO and Co-founder of 9fin, reiterated the company's vision, stating, “AI will redefine the credit markets, but only if it's powered by proprietary data and embedded into how professionals actually work.” He believes that 9fin has built a platform that rapidly scales across various regions and asset classes, offering clients unparalleled data breadth and depth in an AI-focused ecosystem. With this new capital infusion, the company aims to expedite its journey toward becoming an indispensable resource for credit professionals.

Houda Hamdouch, another Principal at HarbourVest, noted her long-term admiration for 9fin's execution and foresight. She remarked on the company's significant expansion throughout the credit ecosystem, spanning banks, asset managers, and private credit platforms, solidifying the strength of its product offerings.

About 9fin

Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, 9fin stands as a pioneering platform engineered for the global debt markets. The company leverages data, advanced analytics, and AI-driven workflows consolidated in a single interface, empowering clients to enhance their operational efficiency and achieve superior performance compared to competitors. Headquartered in London, 9fin operates internationally with teams located across New York, Hong Kong, Belfast, and several locations in Latin America and Asia.

About HarbourVest

HarbourVest, an established global private markets firm, boasts over 43 years of expertise and holds $150 billion in assets under management as of December 31, 2025. With a robust structure that encompasses various investment strategies, HarbourVest is dedicated to providing clients with access and insights across a wide spectrum of opportunities in private finance.

For further details, you can visit 9fin's website.