9fin, a London, UK-baserd AI-powered analytics platform for debt capital markets, raised $50m in a Series B funding.
The round was led by Highland Europe, with participation from existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital.
The company intends to use the funds to invest further in its AI technology, grow its analytics team, and accelerate its expansion in the US.
Led by CEO Steven Hunter, 9fin offers access to critical credit information providing intelligence on high-yield bonds, leveraged loans, distressed debt, CLOs, private credit and asset-backed finance. It integrates generative AI into its platform, offering agentic Q&A tools, real-time market updates, and advanced search capabilities.
Since 9fin’s Series A+ in 2022, it has more than doubled its customer base to nearly 200 of the largest firms in global credit markets and is used by many of the leading investment banks and asset managers with a combined AUM of $17trillion.
FinSMEs
02/12/2024