9fin has become the UK’s latest unicorn after raising almost £130 million in Series C funding.
Total funding raised by the firm – described as an AI-native platform for global debt markets – now exceeds $250m.
HarbourVest led the round with participation from Canada Pension Plan Investment Board (CPP Investments) and earlier investors Redalpine, Highland Europe, Spark Capital and Seedcamp. It will expand 9fin’s proprietary dataset and support continued growth in the United States.
The London FinTech, founded by former J.P. Morgan banker Steven Hunter (pictured, right) and Deutsche Bank engineer Hussam EL-Sheikh (left), has been valued at $1.3 billion by the investment.
Debt capital markets are the largest asset class in the world, yet the technology supporting them still lags decades behind. As loan, bond, and private credit markets converge, getting better information faster is more important than ever. AI can help — but only when trained on reliable data, much of which remains trapped in data rooms, emails, and PDFs.
9fin centralises this information and uses it to fuel next-generation AI technology, enabling credit professionals to identify, analyse, and act on opportunities within a single platform. These tools help clients win mandates, stay ahead of competitors, and save hours of manual research.
More than 300 leading banks, asset managers, law firms, and advisory firms rely on 9fin as their core platform for sourcing deals, analyzing risk, and monitoring global debt markets. CPP Investments was already a 9fin client before joining this round as an investor.
The company has delivered multiple consecutive years of 100% ARR growth, industry-leading retention, and even faster expansion in the US.
“AI will redefine the credit markets, but only if it’s powered by proprietary data and embedded into how professionals actually work,” said Hunter, who serves as CEO.
“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.”
Michael Guiness, principal at HarbourVest Partners, said: “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.”