9fin, the AI-powered analytics platform for debt capital markets, has raised £40m in a Series B round led by Highland Europe, with participation from existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital.
The new funding will enable 9fin to invest further in its market-leading AI technology, grow its analytics team, and accelerate its expansion in the US.
9fin has established itself as a pioneer in the application of cutting-edge technology in debt capital markets. Since its Series A+ round in 2022, it has achieved 400% group-wide ARR growth, with its US business growing at an even faster rate. The company has also grown to 240 employees and recently doubled the size of its tech team, driving increases in product development speed.
Over this period, the company has more than doubled its customer base to nearly 200 of the largest firms in global credit markets, including leading investment banks, distressed debt advisors, private equity, credit fund managers and law firms. 9fin is used by asset managers with a combined AUM of over $17 trillion, with many more debt market professionals discovering its intuitive platform each week.
9fin helps subscribers save time, win business, and outperform their peers with faster and easier access to critical credit information. Providing intelligence on high-yield bonds, leveraged loans, distressed debt, CLOs, private credit, and asset-backed finance, 9fin was the first information provider to integrate generative AI into its platform, using it to provide agentic Q&A tools, real-time market updates, and advanced search capabilities.
