9fin Hits Unicorn Status With €148M Series C Funding Round

The funding will be used to enhance its AI capabilities, expand its proprietary dataset, and support continued growth in the United States.

The round was led by HarbourVest, with participation from CPP Investments and existing investors including Redalpine, Highland Europe, Spark Capital, and Seedcamp. The company has now raised over €217 million ($250 million) in total funding.

Founded in 2016 by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam El-Sheikh, 9fin is an AI-native platform for global debt markets, bringing together data, analytics, and AI-driven workflows in one place.

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While debt capital markets represent the world’s largest asset class, valued at around €126 trillion ($145 trillion), the technology supporting them remains outdated. As loan, bond, and private credit markets increasingly converge, access to fast, reliable information has become critical.

9fin addresses this by aggregating data often locked in emails, PDFs, and data rooms, and using it to power advanced AI tools. These tools help credit professionals identify opportunities, analyse risk, and act more efficiently, reducing manual research and improving decision-making.

The platform is used by over 300 banks, asset managers, law firms, and advisory firms. CPP Investments was already a client before joining the latest funding round as an investor. The company has also reported several consecutive years of 100% ARR growth, strong retention, and rapid expansion in the United States.

Steven Hunter, CEO and Co-founder of 9fin, says: “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.”