London-based debt intelligence startup 9fin has been valued at $1.3 billion in its latest funding round.
Founded in 2016 by former investment bank analysts, the credit research firm offers AI-powered data and analytics for debt capital markets. The company recently ranked on the Sifted 100: UK & Ireland for the first time, ranking 85th with a revenue CAGR (compound annual growth rate) of 113.29%:
On Tuesday, the company announced a $170m Series C led by HarbourVest, with participation from long-time client Canada Pension Plan Investment Board, as well as existing investors Highland Europe, Spark Capital, Redalpine and Seedcamp.
The company said it would use the funding to further embed AI into workflows, expanding 9fin’s credit dataset and boosting its US presence, as part of a wider bid to modernise debt capital markets and become the leading credit data provider.
9fin hopes to capitalise on emerging opportunities from AI advancement and credit market convergence.
Steven Hunter, CEO and cofounder of 9fin said: “Across the market, we hear the same need: a single, real-time view of credit — across geographies, products, and market conditions. That’s what we’re building.”
This raise brings the business to over $250m raised since its inception, and the company says it has achieved multiple consecutive years of 100% annual recurring revenue growth.
9fin’s last fundraise was a $50m Series B announced in December 2024, with similar aims of investing further in its technology, accelerating US expansion and growing its analytics team.
