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9fin valued at $1.3 billion on $170 million raise
The round, which valued the company at $1.3 billion, was led by HarbourVest, with participation from Canada Pension Plan Investment Board (CPP Investments) and earlier investors Redalpine, Highland Europe, Spark Capital, and Seedcamp.
Founded by former JPMorgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company has now raised more than $250 million to date.
9fin’s platform scours data trapped in data rooms, emails, and PDFs to provide credit professionals with the ability to identify, analyze, and act on opportunities within a single AI-enriched platform.
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.
Steven Hunter, CEO & co-founder of 9fin, comments: “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.”